Taimer is a Finland based startup, providing innovative CRM and business management solutions, has announced the closing of 1M USD in its pre-seed funding round. Founded by entrepreneurs looking to address the challenge of managing a business
with multiple disjointed systems, Taimer was designed keeping in mind the needs of
today’s growing businesses. Taimer’s cloud-based software offers innovative
solutions for start-ups, SMEs and professional services. Their sales CRM, project
management, invoicing, time tracking, collaboration, and built-in business
intelligence reporting systems offer unparalleled performance across all devices,
thereby allowing companies to manage their business on the go, with just one
The round was led by international venture capitalist Trind VC (Nordics) as the lead
investor, TAO Ventures (Australia), and FiBAN (Finnish Business Angels Network),
with participation from several other investing groups and angel investors from the
UK, US and Finland. In addition, funding was also provided by Business Finland that
supports innovative companies in Finland to go global. FiBAN Chair of the Board Reima Linnanvirta has joined Taimer as the Chair of the
Taimer is thrilled to get on-board a globally experienced investment team with the
possibility to strategically take the business to the next level and also facilitate and
participate in future investment rounds.
“As a relatively young startup, we are excited to have garnered a strong network of
investors. With the support of our strategic investors, we're accelerating the
development of our product and will expand it to other markets. We see a massive
opportunity in the Nordics, Europe, the UK, and the US for Taimer. What makes us
unique is the capability to serve both small and large customers comprehensively with
innovative tools that our users actually love to use,” said Tero Alanen, CEO of Taimer.
Kimmo Irpola, Partner at Trind VC commented, “We are equally excited to lead the
pre-seed round for Taimer and have confidence in the experienced management team.
What the team at Taimer has developed over the past few years is hugely impressive
and we look forward to supporting their vision to create leading-edge business
Reima Linnanvirta, angel investor and Chair of the Board at Taimer further
explained, “The money will be invested in expanding our team, product, and services in
our local and new target markets”.
Besides funding, FiBAN member have provided Taimer FiBAN Partner benefits that are targeted at FiBAN's investor members and their portfolio companies: credits from Amazon Web Services and services by Stripe. AWS Activate Portfolio offers a package that ensures startups a quick and easy start, including credits, training, and support. Stripe offers a comprehensive commerce toolkit for startups to help build and scale your business online. Both offer more services that can be checked at www.fiban.org/partners
Taimer (www.taimer.com) is the fastest-growing all-in-one business management
software that helps you simplify work, boost sales and grow your business
effortlessly. Taimer is poised to change the way businesses use technology to
manage sales, projects, and finances by offering easy-to-use software that has sales
CRM, project management, collaboration, invoicing, time tracking, business
intelligence reporting, and various other business functions seamlessly working in
one centralized solution.
Founded in 2013 by Eero Saarinen, the company is headquartered in Jyväskylä,
Finland and has over 400 customers with 6 000+ active users in 8 countries. Their
customer base includes industry-leading companies in Finland like SEK, Fimpec,
Dagmar, Lahdelma & Mahlamaki, and Freshwind.
Taimer was designed and developed by seasoned entrepreneurs and the
management team includes Tero Alanen- CEO & Partner, Eero Saarinen- Founder &
CTO, and Fredi Palmgren- Co-founder, CIO & CMO.
About Trind Ventures
Trind Ventures is an early-stage VC firm that invests in European technology
start-ups with primary focus on the Baltics and Finland. Trind invests in ICT-driven
companies creating significant impact in their niches with hardworking teams who
have attracted happy customers. Its average starting investment in a portfolio
company is €0,1M - €0,5M and it can invest up to €3 M tickets in a single company.
Tero Alanen, CEO, Taimer Oy
Reima Linnanvirta, Chair of the Board @ Taimer & FiBAN
FiBAN's news about startup investing.