Timely

Private

OsloEnterprise Softwarehttps://www.timely.com/

Last Round

VC Round

Jun 30, 2021

Est. Valuation

$48.8M

Total Funding Raised

$6M

Company Overview

Timely is a software company that provides an AI-powered automatic time tracking solution for businesses to optimize productivity and billing.

Sector

Enterprise Software

Verticals

Project Management, Workflow Automation, Accounting & Expense

Business Model

B2B

Customer Profile

Subscription SaaS, Payment Processing Fee

AI Layer

Application

Keywords

automated time trackingtime tracking softwareAI timesheet assistanttime trackerproject management softwaretimesheet automationbillable hoursbillable hours trackerSaaSactivity trackingtime loggingautomated billingresource managementAI productivity toolproductivity software

Historical Pricing

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Caplight Momentum Score

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Timely Comps

Public and private peers based on sector, stage, and business model.

Timely comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Timely Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
VC Round	Jun 30, 2021
Series A	Oct 17, 2018
Seed	May 11, 2016

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Key People

Founding team and executive leadership

Mathias Mikkelsen

Founder CEO

Founding Team

Timely Investors

Notable investors and investment history

Timely investors
Investor	Rounds
Concentric	VC Round, Series A
Melesio Capital	VC Round
500 Global	Seed, Series A
Investinor	VC Round, Series A
SNÖ Ventures	VC Round, Series A, Seed

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Market signals

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Feb 28, 2025
Added Wunderkind Corporation, a marketing technology company.

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Timely Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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Timely Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersOslo

Employee Range40

Year Founded2013

Last FundingJun 30, 2021

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