# Infotemp

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

- Industry: Software
- Headquarters: Vienna, Austria
- Website: www.infotemp.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Jan 22, 2018)
- Investors on record: 1

## About

Infotemp, operating under the brand McTime, specializes in innovative time tracking software that enhances workforce management efficiency for various industries, contributing to improved productivity through streamlined operations.Founded in 2016 and headquartered in Vienna, Austria, Infotemp, also known as McTime, focuses on providing time tracking solutions for businesses. The company raised EUR 0.4 million in Seed funding from SILA Venture in January 2018, marking its first investment round. The company's founder, Mladen Lakic, has led the organization in its journey to develop comprehensive workforce management tools.McTime offers a sophisticated time tracking software designed to streamline workforce management for diverse businesses. Its flagship product provides a complete solution for timekeeping, employee management, and payroll integration, aimed at simplifying employee hour tracking and attendance management. Since its inception, McTime has served a varied clientele, from small businesses to large enterprises, primarily across Europe, focusing on industries requiring accurate time and labor management solutions.McTime operates on a subscription-based revenue model, allowing clients to access its software with ongoing updates and support. The pricing structure is designed to accommodate businesses of all sizes, offering different tiers of service that may include mobile application access and advanced payroll features. This approach ensures flexibility for clients and positions McTime effectively within the competitive landscape of workforce management software.Infotemp plans to leverage its recent Seed funding of EUR 0.4 million to enhance its product offerings and expand its market presence. The company is designing upcoming features for its time tracking software, with intentions to launch new functionalities by the end of 2023. Additionally, Infotemp aims to enter new geographic markets, particularly targeting opportunities in Eastern Europe and the DACH region by mid-2024.

## Funding rounds

- Seed, Jan 22, 2018, $0.5M — SILA Venture

## Investors

- SILA Venture (https://capitalatlas.ai/funds/sila-venture) — Seed