# Timma

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

- Industry: Internet
- Headquarters: Helsinki, Finland
- Website: www.timma.fi
- Total disclosed funding: $0.4M
- Latest round: Seed (Nov 8, 2016)
- Investors on record: 1

## About

Timma Ltd operates a platform that seamlessly connects consumers with personal care services such as hairdressing and beauty treatments, enhancing the booking experience for clients and service providers alike.Founded in 2015 in Helsinki, Finland, Timma Ltd provides an innovative platform for personal care services. The company has undergone a strategic focus on the Nordic region, specifically targeting markets in Finland and Sweden. Co-founded by Heikki Korhonen, Jaakko Hyytiäinen, Johan Falck, Lauri Orkoneva, Mats Johansen, and Olli-Matti Saario, Timma's CEO is Lari Mykrä. Timma has secured funding through two deals, with the most recent being a Seed round in November 2016, where Reaktor Ventures led an investment of EUR 0.35 million as part of a total of EUR 0.6 million in equity and grant financing. The total amount raised by the company stands at EUR 0.35 million.Timma Ltd specializes in offering a user-friendly platform that connects consumers with various personal care services, including hair salons, barbers, beauty salons, and massage therapists. The platform facilitates appointment booking and management, catering to individual consumers seeking beauty and wellness services primarily within the Nordic region. Timma addresses the increasing demand for convenient service booking solutions by providing localized access to a wide range of professionals in the industry.For the year 2023, Timma Ltd reported a revenue of EUR 5,328,382.70, with an EBITDA of EUR -31,435.90. The company generates revenue through its transaction-based platform, earning a commission on appointments booked by clients with service providers. Payment is processed at the time of booking, with service pricing varying based on the treatment and provider selected.Timma Ltd aims to expand its offerings and market presence by introducing new features and services tailored to enhance user engagement. The company is exploring opportunities to enter additional Nordic markets by the end of 2024. The recent Seed financing led by Reaktor Ventures will be utilized to support product development and market expansion initiatives, following their last funding round in November 2016.

## Funding rounds

- Seed, Nov 8, 2016, $0.4M — Reaktor Ventures

## Investors

- Reaktor Ventures — Seed