# TerminApp

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

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.timify.com
- Total disclosed funding: $3.4M
- Latest round: Series B (Aug 10, 2018)
- Investors on record: 2

## About

TerminApp GmbH offers innovative appointment scheduling software that streamlines resource management and automates booking processes for businesses. Their solutions cater to a diverse clientele, enhancing operational efficiency across various sectors.Founded in 2012, TerminApp GmbH provides a comprehensive online booking solution that automates scheduling for businesses. The company is headquartered in Munich, Germany. The founding team includes Andreas Knürr, Boyan Tanchev, Hristo Hristakiev, and Markus Olivier. As of April 2020, the company raised EUR 4.5 million in venture funding, which is the total amount raised to date. TIMIFY specializes in appointment scheduling software designed to automate scheduling and optimize resource management for businesses of all sizes. Its core product offering is an all-in-one online booking solution that provides users with advanced scheduling automation capabilities, resource management tools, and personalized booking experiences. The software enables businesses to manage appointments, staff, equipment, and rooms effectively, ensuring seamless operations and minimizing scheduling conflicts. Targeted primarily at small to medium-sized businesses (SMBs) and enterprises across various sectors such as retail, finance, real estate, education, and healthcare, TIMIFY's solutions are utilized globally, catering to diverse markets including North America, Europe, and Asia-Pacific. The platform's functionality supports a range of use cases, from managing internal bookings to facilitating virtual consultations, appealing to a broad client base seeking efficient appointment management.TIMIFY operates on a subscription-based model, providing its clients with tiered pricing plans tailored to specific business needs. The company offers various packages that cater to both SMBs and larger enterprises, allowing clients to choose the features and resources that align with their operational requirements. Revenue is generated primarily through the sale of these subscription plans, which grant access to the software’s extensive suite of features, including resource management, customer management, and advanced scheduling tools. Clients, including retail businesses and public institutions, benefit from enhanced scheduling capabilities, which contribute to improved operational efficiency. The transaction structure is straightforward, involving direct-to-consumer relationships where clients pay a recurring fee for continued access to the software and its updates, ensuring that TIMIFY's clients receive ongoing support and feature enhancements for their appointment scheduling needs.In March 2020, TerminApp GmbH raised EUR 4.5 million in venture funding to support its growth initiatives. The company plans to enhance its product offerings with new features and capabilities aimed at improving user experience, with specific enhancements scheduled for release in the upcoming quarters. Additionally, TIMIFY is targeting expansion into new geographic markets, particularly in Asia-Pacific and North America, to increase its global footprint. The funding will be used to bolster marketing efforts in these regions and to support the development of innovative solutions that cater to the unique scheduling needs of businesses in diverse industries.

## Funding rounds

- Series B, Aug 10, 2018, $3.4M — Berlin Technologie Holding, Biederstein-Beteiligungen

## Investors

- Berlin Technologie Holding (https://capitalatlas.ai/funds/berlin-technologie-holding) — Series B
- Biederstein-Beteiligungen — Series B