Tyms
Tyms is an AI-powered cloud accounting and finance automation platform serving SMBs and medium-to-enterprise businesses globally. Its suite includes Tyms Book for core accounting, Tyms AI for enterprise automation, and free financial tools, backed by ISO 27001 and SOC 2 Type 2 certifications.
- Company typePrivate
- Founded2018
- HeadquartersBeaverton, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Tyms does
Tyms is an AI-powered cloud-based accounting and finance automation software provider serving small and medium-sized businesses, with growing positioning toward medium and enterprise segments. The company's core platform automates the full bookkeeping stack — revenue and expense management, multi-bank reconciliation with 1-to-1/1-to-many/many-to-many matching, prepayments, inventory and manufacturing accounting with FIFO/LIFO/weighted-average valuation, fixed assets depreciation, and real-time generation of profit and loss, balance sheet, and cashflow statements. Underlying technology uses AI for document classification, transaction categorization that learns from user behavior, smart bank reconciliation, and natural language processing of financial documents, layered on a modular cloud architecture spanning Bookkeeping, Banking, Accounting, and Assets Management modules. The platform is ISO 27001:2022 certified and SOC 2 Type 2 compliant, qualifying it for enterprise financial data handling. Tyms is legally domiciled as Tyms Inc. in the United States (Beaverton, Oregon), was founded in 2018 by Ibrahim Adepoju in Lagos, Nigeria, and is co-founded by Allan Rwakatungu and Arron Cleary.
The product portfolio spans three tiers: (1) Tyms Book, the core accounting software with enterprise customization for multi-entity, multi-location, multi-currency consolidation; (2) Tyms AI, a 2026-launched human-first generative AI platform with an agent called Adam that automates work across finance, sales, marketing, customer service, and compliance; and (3) Tyms Evolve, a virtual finance team service offering real-time inventory tracking and tax compliance-ready reports. Tyms also operates a suite of free standalone tools (invoice generator, balance sheet generator, income statement generator, inventory valuation calculator, asset schedule generator, barcode generator) as a top-of-funnel acquisition channel, plus an affiliate program with up to 25% recurring commission. Pricing is bifurcated: enterprise plans start at $100/year with full feature access requiring a sales demo, while entry-level plans start at $2.50/month with self-serve sign-up.
The go-to-market combines enterprise field sales (demo-driven, quote-based plans for medium and enterprise), product-led growth via free tools and self-serve SMB sign-up, and a channel/affiliate motion. Customer segments include accounting firms, retail (primary vertical), SaaS companies, healthcare, legal, logistics, and SMBs (primary size tier) with named logos spanning Foodcourt, Accrue, Upsillon, Bukkahut, Automedics, NotchHR, Reposebay, and Above Palace. The company serves a global market with significant revenue from the United States, maintains presence across Nigeria, Ghana, Kenya, Egypt, Morocco, and Canada, and is currently raising a seed funding round with disclosed intent to secure strategic partnerships with model providers, data centers, and cloud providers to support AI platform expansion.
Tyms firmographics
Firmographics- Name
- Tyms
- Legal name
- Tyms Inc.
- Website
- https://tyms.io
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Tyms is an AI-powered cloud accounting and finance automation platform serving SMBs and medium-to-enterprise businesses globally. Its suite includes Tyms Book for core accounting, Tyms AI for enterprise automation, and free financial tools, backed by ISO 27001 and SOC 2 Type 2 certifications.
- Ownership category
- akta.pro rank
Tyms industry classification
Industry- Product category
- Accounting Software
- NAICS
- Computer Systems Design Services (541512)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Business Rules & Decision Management Platforms (BRMS/DMN) (HDAEAKAG)
- akta.pro secondary industry
- LLMOps & Generative AI Platforms (Prompt/Agent Orchestration, RAG) (HDAEANAD)
Keywords
Where Tyms is headquartered
LocationHeadquarters
- HQ city
- Beaverton
- HQ country
- United States
- HQ region
- North America
Markets served
Tyms business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription: Annual and monthly subscription plans for accounting software access. Starting from $100 annually for enterprise features including sales/invoicing, expenses, bank reconciliation, inventory, reports, fixed assets, prepayment automation, CFO dashboard, approval workflows, and custom roles.
- Affiliate Program: Recurring commission revenue sharing with affiliate partners. Up to 25% commission on sales with average value of $120 per year. Recurring revenue as long as referred customers remain subscribers.
- Enterprise Customization: Tailored software customization for enterprise business needs including custom workflows, multiple entities, locations and currencies consolidation support.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise plan starting at $100 annually with full feature access |
| Subscription | Monthly | Entry-level plan starting at $2.50 per month |
| Subscription | Pay-as-you-go | Affiliate commission structure with up to 25% recurring commission |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels6 records
Tyms product offering
Product offeringCore offering
Tyms is an AI-powered cloud-based accounting intelligence suite that provides automated bookkeeping, bank reconciliation, invoicing, expense tracking, inventory management, fixed assets automation, and real-time financial statements (profit and loss, balance sheet, cash flow) for businesses. The platform also offers an enterprise AI automation product (Tyms AI) with generative AI assistants for finance, sales, marketing, customer service, and compliance workflows. Free standalone tools (invoice generator, balance sheet generator, income statement generator, inventory valuation calculator, asset schedule generator, barcode generator) drive top-of-funnel acquisition.
Product overview
Tyms is an AI-powered cloud-based accounting software suite offering a modular architecture. The core product is Tyms Book (accounting software), complemented by free standalone tools (Invoice Generator, Balance Sheet Generator, Income Statement Generator, Inventory Valuation Calculator, Asset Schedule Generator, Barcode Generator). Tyms also offers a Tyms AI platform for enterprise automation and an Affiliate Program for partners. The platform provides comprehensive accounting features including bookkeeping, invoicing, bank reconciliation, inventory management, fixed assets automation, financial reporting, multi-currency support, and multi-entity consolidation capabilities.
Differentiator
Problem solved
Functional benefit
Brands
- Tyms Book: Core accounting software platform for businesses offering features including invoicing, expense tracking, bank reconciliation, inventory management, and financial reporting.
- Tyms AI
- Adam
- Tyms Evolve
Products and services
- Tyms Book Core cloud-based accounting software platform providing comprehensive financial management including bookkeeping, invoicing, expense tracking, bank reconciliation, inventory management, financial reporting, fixed assets automation, prepayment automation, manufacturing accounting, CFO Dashboard, approval workflows, custom roles, and multi-currency support. Designed for SMBs and mid-market businesses across multiple verticals.
- Tyms AI AI-powered enterprise automation platform providing human-first AI assistants that automate repetitive work across finance, sales, marketing, customer service, and compliance functions. Includes the Adam AI agent for collecting, searching, analyzing, monitoring, and reporting. Designed for medium and enterprise businesses.
- Free Invoice Generator Free standalone web tool for generating professional invoices with customizable fields, multiple currency support, and automated calculations for tax and discounts. Used for lead capture.
- Free Balance Sheet Generator Free standalone web tool for generating balance sheets via AI-powered document analysis or manual data entry, supporting Excel, CSV, and PDF financial document uploads.
- Free Income Statement Generator Free standalone web tool for generating profit and loss statements from uploaded bank statements or manual data entry, with AI-powered transaction categorization.
- Free Inventory Valuation Calculator Free standalone web calculator for inventory valuation using FIFO, LIFO, and Weighted Average methods with month-by-month tracking.
- Free Asset Schedule Generator Free standalone web tool for generating fixed and intangible asset depreciation schedules with multiple depreciation methods.
- Free Barcode Generator Free standalone web tool for creating UPC, EAN, Code 128, and QR code format barcodes for inventory management.
Quantifiable outcome
- Businesses save 15+ hours weekly on accounting tasks while staying 100% tax-compliant
- +3 more outcomes
Companies that use Tyms
Customer profileNamed customers8 records
Segments8 records
Ideal customer profiles6 records
Tyms technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature7 records
Tyms partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights7 records
Tyms competitors and assessment
Company assessmentDirect peers
- QuickBooks (Intuit): The dominant SMB accounting platform globally; explicitly named by Tyms as a competitor. Directly comparable on core bookkeeping, invoicing, bank reconciliation, and financial reporting features, with a much larger install base and brand.
- Xero: Cloud accounting platform for SMBs and accountants, explicitly named by Tyms as a competitor. Closely comparable on multi-currency, bank reconciliation, and accountant collaboration features.
- Zoho Books: Part of the broader Zoho suite, explicitly named by Tyms as a competitor. Comparable on invoicing, expense tracking, inventory, and financial reporting for SMBs and growing businesses.
- Sage (Sage Business Cloud / SageOne): Explicitly named by Tyms as a competitor. Targets the same SMB and mid-market accounting customer with bookkeeping, payroll, and compliance features.
- FreshBooks: Cloud accounting platform aimed at service-based SMBs and freelancers. Comparable on invoicing, expense tracking, and time-to-cash workflows; competes for similar SMB and self-employed segments.
- Wave Accounting: Free / low-cost accounting platform for small businesses, including invoicing, receipts, and bookkeeping. Comparable on the free-tool-led acquisition motion and SMB target customer.
- Odoo: Open-source ERP with an accounting module covering invoicing, bank sync, and financial reporting. Comparable as a modular, multi-feature platform targeting SMBs and mid-market with similar pricing philosophy.
Broad incumbents
- Oracle NetSuite: Cloud ERP with full accounting, financials, and multi-entity consolidation. Competes for the same medium/enterprise customer Tyms targets but as part of a much broader ERP suite with significantly higher ARPU.
- Microsoft Dynamics 365 Business Central: Mid-market ERP/accounting platform with AI features (Copilot) and deep Microsoft 365 integration. Competes for the medium and enterprise customer seeking integrated finance, sales, and operations automation.
Emerging players
- Manager.io: Accounting software for small businesses with features like inventory, fixed assets, and multi-currency. Comparable as a lightweight SMB accounting platform with similar feature scope at lower price points.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Tyms social profiles
Digital presenceTyms compliance and trust
Trust signalCompliance2 records
Tyms financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tyms leadership team
Management profileNumber of profiles
Profiles4 records
Tyms funding detail
Funding detailFunding overview
Funding rounds3 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tyms 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 Tyms
What does Tyms do?
Tyms is an AI-powered cloud-based accounting intelligence suite that provides automated bookkeeping, bank reconciliation, invoicing, expense tracking, inventory management, fixed assets automation, and real-time financial statements (profit and loss, balance sheet, cash flow) for businesses. The platform also offers an enterprise AI automation product (Tyms AI) with generative AI assistants for finance, sales, marketing, customer service, and compliance workflows. Free standalone tools (invoice generator, balance sheet generator, income statement generator, inventory valuation calculator, asset schedule generator, barcode generator) drive top-of-funnel acquisition.
Is Tyms a public or private company?
Tyms is a private company. It is classified as venture growth investor backed and is currently operating.
When was Tyms founded?
Tyms was founded in 2018. It employs 11 to 50 people.
Where is Tyms based?
Tyms is headquartered in Beaverton, United States, in the North America region.
How does Tyms make money?
Three revenue lines are on record. SaaS Subscription is the primary driver. The others are affiliate Program and enterprise Customization.
Who are Tyms's main competitors?
Direct peers on record are QuickBooks (Intuit), Xero, Zoho Books, Sage (Sage Business Cloud / SageOne), FreshBooks, Wave Accounting and Odoo. Broad incumbents are Oracle NetSuite and Microsoft Dynamics 365 Business Central. Manager.io is listed as an emerging player.
Does Tyms have an API?
Yes. Tyms exposes a public API. Developer documentation is at tyms.readme.io.
What industry is Tyms in?
Tyms's product category is Accounting Software. Its primary akta.pro industry code is HDAEAKAG, Business Rules & Decision Management Platforms (BRMS/DMN), with a secondary code of HDAEANAD, LLMOps & Generative AI Platforms (Prompt/Agent Orchestration, RAG). Its NAICS code is 541512 and its SIC code is 7371.