When was Timely founded?

Timely was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Where is Timely located?

Timely is headquartered in Oslo, Norway. It is registered at Mølleparken 2, entrance A 0459 OSLO, NORWAY.

How many employees does Timely have?

As of Jun 30, 2026, the latest employee count at Timely is 40.

Is Timely a funded company?

Timely is a funded company, having raised a total of $6M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 11, 2016.

When was the latest funding round of Timely?

Timely's latest funding was a $***** Series A round on Oct 18, 2018, with participation from 3 investors.

What is the annual revenue of Timely?

Annual revenue of Timely is between $1M and $10M as on Dec 31, 2019

Where does Timely rank among its competitors?

Timely ranks 12th amongst 1064 active competitors, of which 41 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Laurel, which secured an undisclosed amount in Aug, 2025.

Who are the top competitors of Timely?

Timely's top competitors include Clockwise, Harvest and Laurel. Among them, Laurel secured the most recent funding round in August, 2025.

Timely - 2026 Company Profile, Team, Funding, Competitors & Financials

Timely is a series A company based in Oslo (Norway), founded in 2013 by Mathias Mikkelsen. It operates as a Developer of an automatic time tracking and reporting software solution. Timely has raised $6M in funding from Investinor and Concentric. The company has 1064 active competitors, including 41 funded and 21 that have exited. Its top competitors include companies like Clockwise, Harvest and Laurel.

Company Details

Developer of an automatic time tracking and reporting software solution. The software captures work activity, generating timesheets and reports. It provides dashboards for managers to view team performance and project progress. The software integrates with project management tools to streamline workflows.

Website: timelyapp.com
Social
Email ID: *****@timelyapp.com
Part Of
Registered Address: Mølleparken 2, entrance A 0459 OSLO, NORWAY

Key Metrics

Founded Year

2013

Location

Oslo, Norway

Stage

Series A

Total Funding

$6M in 2 rounds

Latest Funding Round

Series A, Oct 18, 2018, $*****

Investors

Investinor & 3 more

Ranked

12^th among 1064 active competitors

Annual Revenue

$1M - $10M as on Dec 31, 2019

Employee Count

40 as on Jun 30, 2026

Similar Companies

Fireflies & 1711 more

View Timely's full profile

Timely is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MEMORY AS CIN: 916517203 , Norway, Active	Nov 22, 2015	$1M - $10M (As on Dec 31, 2019)	13 (As on Dec 31, 2019)

Timely has raised a total funding of $6M over 2 rounds. Its first funding round was on May 11, 2016. Its latest funding round was a Series A round on Oct 18, 2018 for $*****. 3 investors participated in its latest round. Timely has 4 institutional investors.

Here is the list of recent funding rounds of Timely:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 18, 2018	3671258	Series A	7161633	2364067	8269676	6588967
May 11, 2016	9039925	Seed	3184297	9188518	7298566	500 Global

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View details of Timely's funding rounds and investors

The founders of Timely is Mathias Mikkelsen.

Here are the details of Timely's key team members:

Mathias Mikkelsen: CEO and Founder of Timely.
Contact Info: 1 email address

View details of Timely's Founder profiles and Board Members

Timely's employee count trend

Timely has 40 employees as of Jun 26. Here is Timely's employee count trend over the years:

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Top competitors of Timely include Clockwise, Harvest and Laurel. Here is the list of Top 10 competitors of Timely, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Clockwise 2016, San Francisco (United States), Series C	Provider of an AI-powered calendar assistant designed to automate meeting scheduling	$76M	Accel, Greylock Partners & 13 others	66/100
2nd	Harvest 2006, New York City (United States), Funding Raised	Provider of time tracking and invoicing software for businesses	-	Angelneers, Siparex & 1 others	63/100
3rd	Laurel 2016, San Francisco (United States), Series C	Cloud based employee time tracking software for the legal sector	$153M	Ulu Ventures, IVP & 26 others	63/100
4th	Replicon 1996, Calgary (Canada), Acquired	SaaS-based expense management and time tracking	$20M	Emergence Capital, Social Capital	62/100
5th	Opal 2020, Somalia, Seed	Provider of a smartphone addiction management app	$4.3M	Valor Equity Partners, Secocha Ventures & 11 others	61/100
6th	BigTime 2002, Chicago (United States), Series C	Cloud based platform offering software for time tracking	$117M	Vista Equity Partners, Wavecrest Growth Partners ... & 7 others	59/100
7th	Toggl 2006, Tallinn (Estonia), Funding Raised	Developer of time tracking software for team productivity and profitability	-	-	58/100
8th	When I Work 2010, St. Paul (Canada), Series C	Employee scheduling and time tracking software	$224M	Greycroft, Headline & 8 others	58/100
9th	Tradify 2013, Auckland (New Zealand), Acquired	Provider of job management software for trade businesses and contractors	$10M	Movac, Beachhead Venture Capital & 28 others	56/100
10th	TimeTac 2009, Graz (Austria), Funding Raised	Project Time Tracking and Management Platform	-	Pictet Asset Management	52/100
12th	Timely 2013, Oslo (Norway), Series A	Developer of an automatic time tracking and reporting software solution	$6M	Concentric, Investinor & 2 others	51/100