# Memtime

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

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.memtime.com
- Latest round: Series A (Sep 7, 2023)
- Investors on record: 3

## About

Founded in 2015 and based in Bavaria, Germany, Memtime GmbH, formerly known as timeBro, operates as a developer of software that automates time tracking. The company is a spin-off of the University of Applied Sciences Munich and the Strascheg Center for Entrepreneurship and was founded by its CEO Arne Reimann, Head of Integrations Mislav Boras, CMO Niclas Preisner, and Klaus Preisner. In September 2023, Memtime GmbH raised Series A funding led by BayBG, Bayern Kapital, and Gateway Ventures.

Memtime offers an automatic time-tracking software platform, which is a software-as-a-service (SaaS) platform that automatically tracks and records users' time, shows users' working days, and enables users to visualize how time is allocated throughout the day. The platform offers multiple features and solutions, such as integration with ClickUp, Jira Cloud, Teamwork, Pascom, and Asana; creating reports in PDF, CSV, and Excel; employee monitoring solutions; developing a mobile application for both Android and iOS users; and many more.

The company generates revenue by offering its services on a subscription-based pricing plan. The plans include basic (EUR 12/month), connect (EUR 18/month), premium (EUR 25/month), and enterprise.

The company plans to use the funds raised in September 2023 to support the development of its software.

## Funding rounds

- Series A, Sep 7, 2023 — BayBG, Bayern Kapital, Gateway Ventures

## Investors

- BayBG (https://capitalatlas.ai/funds/baybg) — Series A
- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Series A
- Gateway Ventures (https://capitalatlas.ai/funds/gateway-ventures) — Series A