Closing: March 2023
Growth: monthly Revenue (MRR) tripled in 2022
Forecast: Full pipeline (945 inquiries from companies)
Timing: New sales partnership with DATEV (!)
Security: Profitable even without investment in Q4 ’23
Co-investors: among others top investor Heinz Raufer (Flixbus)
Lawyers, tax consultants, agencies, IT companies. They all record time for projects and customers. Although employee time is their most important resource, they usually have to rely on their gut feeling for planning and billing – which not only costs them revenue, but also capacity. The reason is an open secret: times are poorly recorded.
timeBro automatically records all programs that are being worked with and displays the workday as a timeline – so employees can see at a glance how long they have been working on which projects.
The exit is preprogrammed. Two serious M&A offers were received in 2022 alone. Due to its add-on character and global distribution, timeBro is on the radar of many private equity firms in USA, UK and DACH. Because any major ERP or project software in the world would immediately upgrade their time tracking and would have strategic advantages as well as huge upselling potential through an acquisition.
Head of IT
Head of Dev
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Dr. Andreas Boué