Munich-based startup TIMIFY, a worldwide appointment scheduling platform, has closed a financing round of €4.5 million led by a Swiss family holding company. With these new funds, the startup will invest primarily in the further development of its product, marketing and new customer acquisition.
German startup TIMIFY, founded in 2012, is a realtime online scheduling and resource management software for small, medium and large businesses. Offering a cloud-based software, it is widely customisable and is available 24/7, regardless of time zones and physical business hour restrictions. While its basic version is free, it also has premium and enterprise versions, and serves more than 55,000 customers in 28 countries, from 3 offices.
The company’s current focus is on the DACH market, while internationally the core markets are particularly focused on France and Italy. Well-known enterprise customers such as Intersport, USG and Planet Home already trust in TIMIFY.
The TIMIFY team aims to significantly expand the company’s dynamic customer base, which has been increasing steadily since its foundation seven years ago. One focus will be to increase awareness of the brand and product features to a wider group of national and international decision makers. To achieve this, a strategic mix of marketing measures is currently being set up and the sales team is being expanded.
Wolfgang Schwartzkopff commented: “We were convinced that TIMIFY is not only a solution for SMEs but also a very interesting proposition for large enterprises. The flexibility of the tool and state-of-the-art software design allows new customers to start using it immediately, allowing for rapid up-scaling. The team has been working together for a long time and the competence of the individual employees is outstanding, so we are convinced that TIMIFY will be internationally successful and are happy to be part of this development”.
Commenting on the expansion, CEO and co-founder Andreas Knürr said: “We are very pleased to have a new partner at our side. Today we are already the leading provider of online scheduling services. With our new investor, we want to continue our successful expansion, increase our brand awareness and continue our rapid growth. The current market situation, which is geared towards digitalisation, offers the best starting point for our product. We are converting value-adding processes into the digital world, creating transparency and highlighting optimisation potential. This is invaluable information that can help any company to successfully manage its business. Of course, in order to further expand our leading position in this area, we will continue to invest significantly in our innovative product”.
