TimeLog
TimeLog A/S is a Danish cloud-based Professional Services Automation (PSA) SaaS vendor founded in 2001, serving 800+ customers across 85+ countries with time tracking, project management, resource planning, project accounting, and AI-augmented insights for consulting, IT, life sciences, shipping, and NGO clients.
- Company typePrivate
- Founded2001
- HeadquartersCopenhagen, Denmark
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What TimeLog does
TimeLog A/S, founded in 2001 and headquartered in Frederiksberg, Denmark, is a cloud-based Professional Services Automation (PSA) software vendor serving 800+ customers across 85+ countries, with 22,000 daily users and 24 million hours registered in 2019. Its platform is built around modular SaaS for time tracking, project management, resource planning, project accounting and invoicing, staff and salary administration, insights/reporting, and multi-entity consolidation, with a public .NET SDK, a Power BI connector, an Outlook add-on, and bidirectional integrations into the dominant Nordic accounting systems (Fortnox, E-conomic, Exact Online, Dinero, Björn Lundén, Uniconta) and Microsoft Dynamics NAV. AI features (AI K-Bar, predictive margins, anomaly detection, revenue forecasting) are layered on top of the time and project data set rather than forming a separate platform.
Revenue is generated primarily through per-user, per-module SaaS subscriptions, supplemented by a freemium Time package (free up to 10 users) and a four-tier Premium Service Package model — Standard (€0), Silver (€200/month), Gold (€700/month), and Platinum (€1,400/month) — that monetizes onboarding, support, and customer success. Go-to-market is hybrid: product-led growth via the freemium tier, inside sales, channel partners, and API-first extensibility. The customer base spans shipping and logistics (Maersk, APM Terminals, Stena), life sciences (Ascendis Pharma, Epista Life Sciences), professional services (Baker Tilly, Symetri, Schultz, Oxford Research, IC Consult), IT/consulting (Trapeze, Infozone, Fellowmind), consumer (Oetker Digital), and NGOs (Red Cross). Operational certifications include ISAE 3000, ISAE 3402 type 2, ISO 27001, ISO 9001, and GDPR compliance, supporting enterprise and regulated buyers. TimeLog is privately held, with 11-50 employees and a single disclosed growth-equity round of $13.1 million from Viking Growth on 2020-11-13. Leadership includes CEO Per-Henrik Nielsen (ex-Ericsson), CFO Christian Hempler (ex-Lundbeck, ISS A/S), CRO Sascha Skydsgaard, and CIO Jon Lykke and CTO Jakob Mikkelsen leading technology.
TimeLog firmographics
Firmographics- Name
- TimeLog
- Legal name
- TimeLog A/S
- Website
- https://timelog.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- TimeLog A/S is a Danish cloud-based Professional Services Automation (PSA) SaaS vendor founded in 2001, serving 800+ customers across 85+ countries with time tracking, project management, resource planning, project accounting, and AI-augmented insights for consulting, IT, life sciences, shipping, and NGO clients.
- Ownership category
- akta.pro rank
TimeLog industry classification
Industry- Product category
- Professional Services Automation (PSA)
- NAICS
- Software Publishers (513210), Computer Systems Design and Related Services (54151)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Operational/Real-Time BI & Streaming Analytics (HDAEAMAH)
- akta.pro secondary industry
- IT Knowledge Management & Service Desk Platforms (HDAEALAH)
Keywords
Where TimeLog is headquartered
LocationHeadquarters
- HQ city
- Copenhagen
- HQ country
- Denmark
- HQ region
- Europe
Offices1 record
Markets served
TimeLog business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS subscription (per user / per module): Core recurring revenue: per-user license fees plus add-on modules (Outlook, gamification, MLE, etc.). Annual subscriptions with a 10% discount available; minimum 3% annual price increase written into T&C.
- Freemium (Time package): Free TimeLog Time package limited to 10 users acts as a freemium entry point that converts to paid tiers as teams scale.
- Premium Service Packages (tiered support): Tiered paid service packages layered on top of the subscription: Standard (€0), Silver (€200/month), Gold (€700/month), Platinum (€1,400/month) — recurring service-fee revenue with guaranteed SLA, training and consulting hours.
- Professional services & on-boarding workshops: Consultant's preparation and post-workshop follow-ups delivered as part of the Premium packages — consultancy / implementation revenue stream.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Standard Service Package — €0/month |
| Subscription | Monthly | Silver Service Package — €200/month |
| Subscription | Monthly | Gold Service Package — €700/month |
| Subscription | Monthly | Platinum Service Package — €1,400/month |
| Per seat | Annual | TimeLog Time (freemium) — free for up to 10 users |
Go-to-market motion5 records
Distribution channels5 records
Marketing channels11 records
TimeLog product offering
Product offeringCore offering
TimeLog A/S develops and delivers TimeLog PSA, a cloud-based Professional Services Automation (PSA) SaaS platform that unifies time tracking, project management, resource management, project accounting and invoicing, insights and reporting, and staff and salary functionality for project-driven professional services firms. The platform is sold on a per-user subscription basis with add-on modules (Multiple Legal Entities, Outlook time tracking, gamification), exposes three API surfaces (REST, Transactional, Reporting) with a public SDK on GitHub, and is complemented by tiered Premium Service Packages (Standard, Silver, Gold, Platinum) for on-boarding, consulting and dedicated Customer Success Manager support.
Product overview
TimeLog A/S delivers TimeLog PSA, a single cloud-based Professional Services Automation (PSA) platform composed of a core product plus several modules and add-ons. The core modules are Time Tracking, Project Management, Resource Management, Insights & Reporting, Project Accounting & Invoicing, and Staff & Salary, which together with the Multiple Legal Entities (MLE) module and add-ons (e.g. Outlook time tracking) form the TimeLog PSA product family. On top of this, TimeLog exposes three API products — the REST API, Transactional API, and Reporting API — along with financial integration middleware for E-conomic, Exact Online, Fortnox, Björn Lundén, Microsoft Dynamics NAV, Dinero and Uniconta, and a Power BI integration. Layered above the product are TimeLog-led tools and services including the AI-powered TimeLog K-Bar, the Revenue Leakage Calculator, the Professional Services Maturity Scorecard, and tiered Service Packages (Standard, Silver, Gold, Platinum).
Differentiator
Problem solved
Functional benefit
Brands
- TimeLog PSA: TimeLog's flagship cloud-based Professional Services Automation (PSA) software platform offering time tracking, project management, resource management, invoicing, reporting, and staff/salary modules.
- TimeLog Learning
Products and services
- TimeLog PSA Cloud-based Professional Services Automation (SaaS) platform that unifies time tracking, project management, resource management, insights & reporting, project accounting & invoicing, and staff & salary functionality, with built-in AI highlighting early signals for project margins and revenue. Sold to project-driven professional services firms on a per-user subscription with add-on modules.
- Premium Service Packages (Standard, Silver, Gold, Platinum) Recurring paid service offering that layers on top of the TimeLog PSA subscription, providing tiered support, dedicated Customer Success Managers, structured on-boarding workshops, consulting hours and SLA-backed response for mid-market and enterprise customers.
- TimeLog APIs (REST, Transactional, Reporting) and SDK Programmatic interfaces and developer tools that expose TimeLog PSA data and actions to customers, partners and integrators: REST API for employee-centered actions, Transactional API for system-to-system sync, Reporting API for bulk read-only data extraction, and a public .NET SDK on GitHub.
Quantifiable outcome
- Time spent on invoicing cut by 75%
- +4 more outcomes
Companies that use TimeLog
Customer profileNamed customers17 records
Segments7 records
Ideal customer profiles3 records
TimeLog technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability5 records
Feature11 records
TimeLog partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and flagship.
- E-conomiccoreNative financial-system integration in TimeLog's Financial Integrations catalogue. Lets TimeLog customers push invoices, customers and accounting data into E-conomic and read back for reconciliation.
- Exact OnlinecorePre-built financial integration enabling TimeLog users to synchronise projects, invoices and accounting entries with Exact Online.
- FortnoxcoreFinancial integration listed in TimeLog's catalogue, enabling direct sync between TimeLog invoicing and Fortnox accounting. Fortnox is also a customer logo on the homepage.
- Björn LundéncoreListed as a financial integration partner for Swedish accounting workflows.
- Microsoft Dynamics NAVcoreListed as a financial-system integration in TimeLog's API catalogue, enabling project and invoice data to flow into Dynamics NAV.
- DinerocoreListed financial integration partner for Danish SMB accounting.
- UnicontacoreDedicated Uniconta integration page describing how TimeLog customers can connect time, projects and invoicing to Uniconta for unified accounting.
- Microsoft Power BIflagshipListed as TimeLog's BI Partner — dedicated Power BI connector for advanced reporting and dashboards on TimeLog data.
- Microsoft OutlookcoreAdd-on that lets TimeLog users register time directly from Outlook emails/calendar items.
- SPI ResearchflagshipCo-publisher of the annual Professional Services Benchmark that TimeLog distributes as a flagship lead-generation asset for the Nordic/European market.
- Global ConnectcoreHosting partner operating the Tier 3 data centre in Taastrup, Denmark where TimeLog customer data is stored and surveilled (ISO 27001, 9001, 000 and ISAE 3402 +type 2 certified).
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
TimeLog competitors and assessment
Company assessmentDirect peers
- Kimble Applications: Kimble is a long-standing PSA vendor on Salesforce focused on professional services firms needing resource management, project accounting and project financials. It directly competes with TimeLog PSA for the same mid-market and enterprise services buyer.
- Kantata (formerly Mavenlink): Kantata is a cloud PSA platform for professional services organisations offering project management, resource planning, time tracking, project accounting and AI-powered insights — the closest direct peer to TimeLog's full PSA surface.
- BigTime Software: BigTime is a PSA platform targeting accounting, consulting and engineering professional services firms with time tracking, project management, billing and resource planning — the same ICP TimeLog serves.
- Replicon: Replicon delivers cloud time-tracking and PSA software (ProjectTime, ExpenseTime, PSA suite) for professional services, IT services and project-driven organisations, overlapping directly with TimeLog's time tracking and project accounting modules.
- Projector PSA: Projector PSA is a PSA platform built for professional services firms with time tracking, project management, resource scheduling, project accounting and BI — head-to-head with TimeLog for mid-market and enterprise PS organisations.
- Certinia (formerly FinancialForce): Certinia delivers PSA, ERP and customer success applications natively on Salesforce, providing project management, resource planning, time and billing, and project accounting to the same professional services buyer as TimeLog.
- Harvest: Harvest is a time tracking, invoicing and reporting SaaS for agencies, consultancies and SMB services firms — a direct downstream competitor in time tracking and invoicing, the entry point of TimeLog's own product.
- Avaza: Avaza is an all-in-one project management, time tracking, expense management and invoicing platform targeting SMB professional services firms — directly comparable to TimeLog's PLG lower tier and the same customer profile.
Broad incumbents
- Planview: Planview is a large, established enterprise portfolio and resource management platform that acquired Projectplace and Clarizen, offering PSA-adjacent capabilities (PPM, project collaboration, time tracking) as part of a wider enterprise portfolio rather than a focused PSA niche.
Emerging players
- Toggl Track: Toggl Track is a popular lightweight time tracking and productivity tool aimed at freelancers and small teams. It overlaps with TimeLog's time tracking foundation but does not yet offer the full PSA surface, putting it a tier below in the project-driven services segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
TimeLog social profiles
Digital presenceTimeLog compliance and trust
Trust signalCompliance5 records
TimeLog financial estimates
Financial estimateRevenue estimate
Valuation estimate
TimeLog leadership team
Management profileNumber of profiles
Profiles7 records
TimeLog funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TimeLog M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TimeLog
What does TimeLog do?
TimeLog A/S develops and delivers TimeLog PSA, a cloud-based Professional Services Automation (PSA) SaaS platform that unifies time tracking, project management, resource management, project accounting and invoicing, insights and reporting, and staff and salary functionality for project-driven professional services firms. The platform is sold on a per-user subscription basis with add-on modules (Multiple Legal Entities, Outlook time tracking, gamification), exposes three API surfaces (REST, Transactional, Reporting) with a public SDK on GitHub, and is complemented by tiered Premium Service Packages (Standard, Silver, Gold, Platinum) for on-boarding, consulting and dedicated Customer Success Manager support.
Is TimeLog a public or private company?
TimeLog is a private company. It is classified as venture growth investor backed and is currently operating.
When was TimeLog founded?
TimeLog was founded in 2001. It employs 11 to 50 people.
Where is TimeLog based?
TimeLog is headquartered in Copenhagen, Denmark, in the Europe region.
How does TimeLog make money?
Four revenue lines are on record. SaaS subscription (per user / per module) is the primary driver. The others are freemium (Time package), premium Service Packages (tiered support) and professional services & on-boarding workshops.
Who are TimeLog's main competitors?
Direct peers on record are Kimble Applications, Kantata (formerly Mavenlink), BigTime Software, Replicon, Projector PSA, Certinia (formerly FinancialForce), Harvest and Avaza. Planview is listed as a broad incumbent. Toggl Track is listed as an emerging player.
Does TimeLog have an API?
Yes. TimeLog A/S provides three public/partner-facing API interfaces for programmatic access to organization data: (1) REST API - used for employee-centered actions; reading and writing data is available for selected data types, employee-specific-token only. (2) Transactional API - used for transferring data to/from TimeLog to keep other systems in sync or to push automatic updates; reading and writing available for selected data types, server-to-server employee user only. (3) Reporting API - used to fetch big data sets from TimeLog; only read-access available, server-to-server service user only. SDKs are provided (e.g., TimeLog.ReportingApi.SDK, TimeLog.TransactionalApi.SDK, TimeLog.ApiConsoleApp, TimeLog.ReportingApi.Exporter) hosted on GitHub. Financial integration middleware is available for E-conomic, Exact Online, Fortnox, Björn Lundén, Microsoft Dynamics NAV, Dinero, and Uniconta. Swagger documentation is available for the REST API. SoapUI and Postman collections are also provided. Developer documentation is at api.timelog.com.
What industry is TimeLog in?
TimeLog's product category is Professional Services Automation (PSA). Its primary akta.pro industry code is HDAEAMAH, Operational/Real-Time BI & Streaming Analytics, with a secondary code of HDAEALAH, IT Knowledge Management & Service Desk Platforms. Its NAICS code is 513210 and its SIC code is 7372.