TimeCamp
A simple, yet powerful free time tracking app to stay on top of work.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
PLN540k | Seed | ||
| Total Funding | 000k | ||
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 52 % | 54 % | - | 92 % | (81 %) | 114 % | 317 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 2 % | 16 % | 11 % | 10 % | 89 % | 88 % | (1 %) |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | 13 % | 12 % | 7 % | 90 % | 80 % | (1 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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TimeCamp S.A. operates as a software-as-a-service (SaaS) company specializing in time tracking and productivity monitoring. The company was founded in 2008 by Kamil Rudnicki, who developed the initial version of the software while he was a university student. Rudnicki, a programmer and graduate of the University of Wrocław, was driven by a childhood passion for creating useful projects. The concept for TimeCamp emerged from startup meetings, and after two years of solo development, Rudnicki secured the first round of funding in 2010 from Asseco Poland.
The company's core business is providing a time tracking application that helps organizations monitor work hours, improve project profitability, and streamline invoicing. Its business model is subscription-based, with tiered pricing plans offered on a per-user, per-month basis, including a free version for freelancers and a 14-day free trial for paid plans. TimeCamp serves a global client base, from freelancers and small businesses to larger enterprises, helping them manage remote and in-office teams.
The TimeCamp platform offers a suite of features designed to enhance efficiency and transparency. Its main function is automatic time tracking, which can be enabled via a desktop app that records time spent on applications, websites, and documents. A key feature is keyword-based tracking, which automatically assigns time to specific tasks based on predefined keywords, reducing the need for manual timer adjustments. The software also includes detailed reporting for analyzing productivity and project profitability, attendance management with clock-in/clock-out data, and budget tracking for projects. For service-based clients, TimeCamp facilitates the creation of accurate invoices from tracked billable hours, which can be customized and sent directly to customers. While it lacks a built-in payroll system, it integrates with accounting software like QuickBooks and Xero.
Keywords: time tracking software, productivity monitoring, project profitability, automatic time tracking, employee monitoring, timesheet automation, billing and invoicing, attendance management, remote team management, work hour tracking, project budgeting, SaaS, Kamil Rudnicki, billable hours tracking, workforce analytics, task management, labor cost tracking, business productivity, team efficiency, workflow optimization, Asseco Poland