Timely has been bootstrapped since its inception, which has a ton of great advantages, but also its downsides. We’ve had to skip a lot of cool stuff simply because we didn’t have the resources to build them. This funding changes that and allows us to build the product we’ve dreamed of. We’re now hiring 12 amazing people help us on the journey and would love to talk to you.
Now choosing an investor is super hard. This isn’t a one-time thing or a short-term fling. This is marriage. The you-don’t-divorce-me kind of marriage. So we took our time and eventually ended up with what we think are two exceptional partners; Snö Ventures and 500 Startups.
You, our beloved user, should feel great! Most of this money will be used to hire more people, and as we ramp up the team, you can expect to see new features being created way quicker. Bugs will be squashed faster and overall quality will improve. You’ll even finally get that Android app you’ve been asking for!
In addition to that, we here at Timely have a vision for time tracking that we haven’t been able to create yet. Now we’re going to be able to do that.
The news got quite the media attention in Norway. Scroll down to see some of it. Here’s a TV interview on Norway’s biggest news channel TV 2:
We also made the frontpage of Finansavisen and had a full page in Dagens Næringsliv. Pictures below:
Timely in Finansavisen (top) and Dagens Næringsliv (bottom)
Here’s a list of some other articles regarding the funding:
Thanks for believing in Timely and being a customer! We’re eternally grateful and can’t wait to show you what we have in store for the future!
June has been a pretty special month. We’ve just closed a mammoth funding round and landed new G2 awards. Neither could have happened without your ongoing support, feedback, and faith. From the entire Timely team: thank you!! 🙏🏼
The wait is over! You can now connect Timely with QuickBooks Online for accurate, effortless invoicing. As your most-requested feature we can’t wait to hear what you make of it! We’ve also snuck in some extra goodies this month, including a refreshed version of “planned time” from your Hours page.
Check out your latest Timely nuggets — including a brand new Zapier integration, increased tag customization, and UI optimizations to make automatic time tracking even more of a doddle. A HUGE “Thank you” from the whole team for helping us win a further 14 awards from G2 Crowd!