Finland-based tech startup Taimer raises $1M in funding to grow its business management solution and expand into the Nordics, Europe, and the U.S.
Taimer, a Finland based tech startup and a provider of CRM software that replaces more than 10 apps with an all-in-one business management solution, today announced it has closed $1 million in its pre-seed funding round to accelerate product development and expansion in the Nordics and other selected markets.
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, the company also announced that FiBAN’s Chair of the Board, Reima Linnanvirta has joined Taimer as the Chair of the Board.
Founded by 2013 by Eero Saarinen, the company’s mission is to address the challenge of managing a business with multiple disjointed systems. Taimer’s cloud-based software offers innovative solutions for startups, SMEs and professional service providers. 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 unified solution.
Taimer is headquartered in Jyväskylä, Finland and has over 400 customers with 6 000+ active users in 8 countries. Taimer’s 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.
“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.
Commenting on the funding, Kimmo Irpola, Partner at Trind VC said, “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 management solutions.”