# CommonTime

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/commontime

- Industry: Telecoms
- Headquarters: Derby, UK
- Website: www.commontime.com
- Total disclosed funding: $1M
- Latest round: Series A (Jun 30, 2008)
- Investors on record: 1

## About

CommonTime delivers software solutions for the education sector, focusing on school management systems that enhance communication and streamline administrative processes.CommonTime, founded in 1994, is headquartered in Derby, UK. The company specializes in innovative software solutions for educational institutions. In September 2015, CommonTime secured USD 0.80 million in Grant financing from The University of Derby, raising the total amount raised to USD 1.00 million. CEO information is not available.CommonTime specializes in providing innovative software solutions tailored for the education sector, primarily focusing on school management systems that streamline administrative tasks and enhance communication between educators, students, and parents. Their core offerings include a comprehensive suite of tools designed to facilitate attendance tracking, report generation, and resource management, all aimed at improving operational efficiency and engagement within educational institutions. The company serves a diverse clientele that includes primary schools, secondary schools, and educational organizations across various geographical markets, including the United Kingdom, Australia, and parts of North America. By addressing specific pain points such as data management and resource allocation, CommonTime's products aim to create a more cohesive and effective learning environment, ultimately enhancing the educational experience for students and educators alike.CommonTime’s revenue generation model is structured around subscription-based services and partnerships with educational institutions. Clients typically engage with the company through annual subscriptions that provide access to their software platforms, which may include tiered pricing based on the number of users or specific features required by the institution. Through direct engagements with schools, CommonTime establishes long-term relationships that foster ongoing support and service enhancements. The company’s flagship products, which are integral to their offerings, contribute to a predictable revenue stream, as educational entities frequently renew their subscriptions to maintain access to essential management tools. These transactions illustrate a clear B2B model, where educational providers opt for CommonTime’s solutions to meet their operational needs effectively.CommonTime plans to utilize the USD 0.80 million raised in September 2015 to enhance its software offerings and expand its presence in the education sector. The company is developing new products that will be released in the coming years, aimed at further improving school management functionalities. Additionally, CommonTime is targeting expansion into new geographic markets, including Northern Europe and Asia, by 2025, to broaden its reach and support more educational institutions globally.

## Funding rounds

- Series A, Jun 30, 2008, $1M — Meridian Venture Partners

## Investors

- Meridian Venture Partners (https://capitalatlas.ai/funds/meridian-venture-partners) — Series A