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 Jan 30, 2026, the latest employee count at Timely is 39.

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.

Where does Timely rank among its competitors?

Timely ranks 14th amongst 1020 active competitors, of which 42 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 BigTime, Clockwise and Replicon. Among them, Laurel secured the most recent funding round in August, 2025.

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

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

14^th among 1020 active competitors

Employee Count

39 as on Jan 30, 2026

Similar Companies

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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	$1.81M (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	8349402	Series A	2589129	6945111	5940711	1690333
May 11, 2016	5389160	Seed	1356619	2555669	9850005	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 39 employees as of Jan 26. Here is Timely's employee count trend over the years:

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Top competitors of Timely include BigTime, Clockwise and Replicon. 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	BigTime 2002, Chicago (United States), Series C	Cloud based platform offering software for time tracking	$117M	Wavecrest Growth Partners, Vista Equity Partners ... & 7 others	69/100
2nd	Clockwise 2016, San Francisco (United States), Series C	Provider of an AI-powered calendar assistant designed to automate meeting scheduling	$76M	Coatue, Accel & 13 others	66/100
3rd	Replicon 1996, Calgary (Canada), Acquired	SaaS-based expense management and time tracking	$20M	Emergence Capital, Social Capital	65/100
4th	Laurel 2016, San Francisco (United States), Series C	Cloud based employee time tracking software for the legal sector	$153M	IVP, Anthos Capital & 26 others	63/100
5th	Harvest 2006, New York City (United States), Funding Raised	Provider of time tracking and invoicing software for businesses	-	Angelneers, Siparex & 1 others	63/100
6th	Opal 2020, Somalia, Seed	Provider of a smartphone addiction management app	$4.3M	Speedinvest, Secocha Ventures & 9 others	59/100
7th	Toggl 2006, Tallinn (Estonia), Funding Raised	Developer of time tracking software for team productivity and profitability	-	-	59/100
8th	When I Work 2010, St. Paul (Canada), Series C	Employee scheduling and time tracking software	$224M	Headline, Greycroft & 8 others	57/100
9th	Tradify 2013, Auckland (New Zealand), Acquired	Provider of job management software for trade businesses and contractors	$10M	Beachhead Venture Capital, Movac & 28 others	56/100
10th	Hubstaff 2013, Fishers (United States), Late Stage	Cloud-based platform for time tracking	-	WestView Capital	56/100
14th	Timely 2013, Oslo (Norway), Series A	Developer of an automatic time tracking and reporting software solution	$6M	Concentric, Investinor & 2 others	49/100