What is TimeLog?
TimeLog operates at the intersection of project management and financial oversight, providing a robust PSA solution that integrates time tracking, resource allocation, and automated invoicing. By centralizing these critical business functions, the platform enables large enterprises and NGOs to reduce administrative overhead and improve billing accuracy by up to 75%. The company's architecture is specifically engineered to bridge the gap between project execution and financial reporting, offering a seamless interface that connects with existing payroll and accounting ecosystems. This comprehensive approach allows management teams to derive actionable insights from real-time data, effectively transforming operational metrics into strategic business intelligence.
How much funding has TimeLog raised?
TimeLog has raised a total of $13.1M across 1 funding round:
Private Equity
$13.1M
Private Equity (2020): $13.1M with participation from Viking Venture
Key Investors in TimeLog
Viking Venture
Viking Venture is a prominent Nordic software investor that specializes in scaling fast-growing B2B software companies through capital infusion and operational expertise.
What's next for TimeLog?
Following this major enterprise-level funding, TimeLog is expected to prioritize the expansion of its product suite and the enhancement of its integration capabilities. The strategic focus will likely shift toward scaling its sales organization and deepening its footprint within the Nordic and international B2B software markets. By leveraging the expertise of its backers, the company aims to refine its business model, optimize talent acquisition, and further automate the complex financial workflows that define the modern professional services sector. As the demand for integrated operational tools continues to rise, TimeLog is positioned to capture significant market share by delivering superior efficiency and data-driven decision-making tools to its growing enterprise client base.
See full TimeLog company page
