memtime
memtime GmbH is a Munich-based SaaS company (founded 2016) that builds a privacy-first, automatic time tracking desktop application for agencies, law firms, accountants, and freelancers, storing all activity data locally on the user's device and syncing to 100+ project management and accounting integrations via per-seat subscriptions.
- Company typePrivate
- Founded2016
- HeadquartersMünchen, Germany
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What memtime does
memtime GmbH is a Munich-based, private SaaS company founded in 2016 that builds an automatic time tracking desktop application for professional services firms, agencies, and freelancers. The product runs passively in the background on Mac, Windows, and Linux, recording window focus, file names, email subjects, and browser tab titles in 5- or 6-minute increments. All activity data is stored exclusively on the user's local device — never on Memtime's servers — positioning the product explicitly as a privacy-first alternative to surveillance-oriented time trackers, with the company stating the tool 'cannot be used for employee monitoring.' Users review a visual timeline of past workdays and export time entries to 100+ project management, time tracking, design, and accounting platforms, including Asana, ClickUp, Teamwork, Jira, Harvest, Toggl, Figma, Xero, QuickBooks, FreshBooks, and DATEV.
The company's business model is a per-seat subscription sold on quarterly, annual, or bi-annual cadences with auto-renewal, supported by a 14-day freemium trial (no credit card required) and a hybrid go-to-market combining product-led growth for SMBs and freelancers with an enterprise field sales motion (Book a demo) for larger accounts. Primary customer segments are marketing and advertising agencies and legal services (with 6-minute increment billing), followed by accounting, consultants, designers, software developers, IT services, architects, remote teams, and freelancers. Distribution is primarily DACH/EMEA-focused, with named customers including Serviceplan, Widgets&Stone, pflüger: kreativ ackern, vlow studio, buff.media, and Dr. Nik Sarafi Law Firm. The company is venture-backed, having closed a seven-figure Series A in September 2023 led by BayBG and Bayern Kapital following a 2023 round from ZAKA VC, with leadership held by founders Arne Reimann and Niclas Preisner alongside CTO Mislav Boras. In Fall 2024 Memtime received five G2 recognitions, including Momentum Leader and High Performer designations globally and in Europe/EMEA.
memtime firmographics
Firmographics- Name
- memtime
- Legal name
- memtime GmbH
- Website
- https://memtime.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- memtime GmbH is a Munich-based SaaS company (founded 2016) that builds a privacy-first, automatic time tracking desktop application for agencies, law firms, accountants, and freelancers, storing all activity data locally on the user's device and syncing to 100+ project management and accounting integrations via per-seat subscriptions.
- Ownership category
- akta.pro rank
memtime industry classification
Industry- Product category
- Time Tracking Software
- NAICS
- Computer Facilities Management Services (541513)
- SIC
- Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- End-User Device Management (UEM/MDM, Desktop/Laptop/Tablet) (BPAEAIAB)
Keywords
Where memtime is headquartered
LocationHeadquarters
- HQ city
- München
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
memtime business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription - Per User: Time-limited, non-exclusive, non-transferable subscription license per user. Billed quarterly, annually, or bi-annually in advance. Automatic renewal at the end of each subscription period.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | 14-day free trial with full feature access |
| Subscription | Quarterly | Quarterly subscription billed in advance |
| Subscription | Annual | Annual subscription with discount vs quarterly |
| Subscription | Multi-year contract | Two-year subscription with maximum discount |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels9 records
memtime product offering
Product offeringCore offering
memtime is a desktop SaaS application that automatically and passively records the time a user spends in programs, files, email, and browser tabs throughout the workday. All activity data is stored locally on the user's device to guarantee privacy and ensure the product cannot be used for employee monitoring. Users can review their visual timeline to reconstruct any past day and instantly export time entries to 100+ project management, time tracking, accounting, and design tools.
Product overview
Memtime is a single-product SaaS offering built around an automatic time tracking desktop application. The core product is the Memtime desktop app, which runs passively in the background recording user activity across programs and files. Data is stored exclusively on the user's local device (offline) ensuring privacy. The complementary Memtime Portal provides web-based account management. The product supports Mac, Windows, and Linux operating systems and offers native integrations with project management tools (Asana, ClickUp, Teamwork, Jira), time tracking platforms (Harvest, Toggl Track, Tempo), design tools (Figma), and accounting software (Xero, QuickBooks Time, FreshBooks, DATEV).
Differentiator
Problem solved
Functional benefit
Products and services
- Memtime Desktop App Automatic, privacy-first time tracking desktop application for Mac, Windows, and Linux that passively records time spent in programs, files, email subjects, and browser tabs throughout the workday. All activity data is stored locally on the user's device (not on a server) so the product cannot be used for employee monitoring. Users can reconstruct any past day via a visual timeline and instantly export time entries to 100+ project management, time tracking, accounting, and design integrations.
- Memtime Portal Web-based customer portal at portal.memtime.com for managing Memtime accounts, subscription, downloads, and access to the desktop application.
Quantifiable outcome
- Accuracy improvement from 36-67% to near 100% - manual tracking only achieves 36-67% accuracy while automatic tracking eliminates forgotten hours
- +3 more outcomes
Companies that use memtime
Customer profileNamed customers6 records
Segments10 records
Ideal customer profiles4 records
memtime technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
Feature5 records
memtime partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and supporting.
- HarvestcoreIntegration with Harvest time tracking software for automatic time entry synchronization. Users can export Memtime tracked hours directly to Harvest.
- AsanacoreIntegration with Asana project management for syncing time entries to tasks and projects. Enables automatic time logging within Asana workflows.
- ClickUpcoreIntegration with ClickUp project management platform for time entry synchronization. Allows users to log tracked time directly to ClickUp tasks.
- TeamworkcoreIntegration with Teamwork project management software for time tracking synchronization. Connects Memtime activity data to Teamwork projects.
- Jira (Atlassian)coreNative integration with Jira Cloud and Jira Server (via Tempo) for developer time tracking. Automatically syncs tracked time to Jira issues and sprints.
- Toggl TrackcoreIntegration with Toggl Track for bi-directional time entry synchronization. Allows users to export from Memtime to Toggl.
- FigmacoreNative integration with Figma for hands-free time tracking for designers. Automatically captures design work sessions in Figma.
- XerocoreIntegration with Xero accounting software for accounting professionals to export tracked time entries for billing and invoicing.
- QuickBooks TimecoreIntegration with QuickBooks Time (formerly TSheets) for accounting and finance professionals to sync time tracking data.
- FreshBookscoreIntegration with FreshBooks accounting software for easy export of tracked time to invoices and client billing.
- 100+ Additional IntegrationssupportingMemtime offers integrations with over 100 project management, accounting, and productivity tools including Notion, Monday.com, Basecamp, Todoist, and more via their Connected Apps marketplace.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
memtime competitors and assessment
Company assessmentDirect peers
- Toggl Track: Toggl Track is the most established direct competitor in time tracking, offering cross-platform time entry, project reporting, and 100+ integrations. It targets overlapping professional services and creative agency customers and is explicitly listed as a Memtime integration partner, indicating direct product overlap.
- Harvest: Harvest is a time tracking and invoicing tool widely used by agencies, consultancies, and creative studios. It directly overlaps Memtime's primary vertical use cases and is also listed as a Memtime integration partner.
- Clockify: Clockify (by CAKE.com) is a freemium time tracking and project management suite with very broad SMB and freelancer adoption. It directly competes on automatic tracking features, pricing, and integrations.
- Timely: Timely is an automatic time tracking app that records activity in the background for agencies and consultancies. It is the closest conceptual peer to Memtime's automatic-tracking product positioning.
- RescueTime: RescueTime is an automatic activity tracking and productivity analytics tool with desktop apps for Mac/Windows/Linux. It overlaps Memtime's passive activity capture feature set while focusing more on personal productivity than billable time tracking.
- Paymo: Paymo is a time tracking, project management, and invoicing platform for agencies and creative studios. It overlaps Memtime's primary vertical (creative agencies) and competes on integrated PM plus billing workflows.
Broad incumbents
- Hubstaff: Hubstaff is an established time tracking and workforce management platform with broader monitoring/field-team functionality. It serves similar SMB and remote-team buyers but extends well beyond Memtime's passive privacy-first positioning.
- DeskTime: DeskTime is an automatic time tracking and productivity monitoring tool targeting SMBs and enterprises. It overlaps Memtime on automatic desktop tracking but includes manager dashboards and employee monitoring capabilities.
Emerging players
- Timeular: Timeular combines physical tracker hardware with automatic software time tracking for professional services and freelancers. It targets similar creative/consulting personas but with a hardware-augmented UX rather than passive-only capture.
Others
- Paychex Flex (formerly Time Rack / MinuteDock): Paychex Flex and adjacent SMB workforce platforms bundle time tracking into broader payroll/HR suites. They are adjacent ecosystem players rather than direct competitors but could absorb time tracking functionality as a free feature.
Market position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
memtime social profiles
Digital presencememtime financial estimates
Financial estimateRevenue estimate
Valuation estimate
memtime leadership team
Management profileNumber of profiles
Profiles3 records
memtime funding detail
Funding detailFunding overview
Funding rounds2 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
memtime 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 memtime
What does memtime do?
memtime is a desktop SaaS application that automatically and passively records the time a user spends in programs, files, email, and browser tabs throughout the workday. All activity data is stored locally on the user's device to guarantee privacy and ensure the product cannot be used for employee monitoring. Users can review their visual timeline to reconstruct any past day and instantly export time entries to 100+ project management, time tracking, accounting, and design tools.
Is memtime a public or private company?
memtime is a private company. It is classified as venture growth investor backed and is currently operating.
When was memtime founded?
memtime was founded in 2016. It employs 11 to 50 people.
Where is memtime based?
memtime is headquartered in München, Germany, in the Europe region.
How does memtime make money?
One revenue line is on record: subscription - Per User.
Who are memtime's main competitors?
Direct peers on record are Toggl Track, Harvest, Clockify, Timely, RescueTime and Paymo. Broad incumbents are Hubstaff and DeskTime. Timeular is listed as an emerging player. Paychex Flex (formerly Time Rack / MinuteDock) is listed as an others.
Does memtime have an API?
No public API is recorded for memtime.
What industry is memtime in?
memtime's product category is Time Tracking Software. Its primary akta.pro industry code is BPAEAIAB, End-User Device Management (UEM/MDM, Desktop/Laptop/Tablet). Its NAICS code is 541513 and its SIC code is 7374.