Fundz

Belgian startup Timefold raised €6M in a Series A round led by Lakestar to enhance its AI-powered planning optimisation platform.

PRIVATESep 16, 2024

Amount Raised

€6 Million

Round Type

Series A

GhentInformation TechnologySoftwareArtificial IntelligenceMachine Learning

Investors

SmartfinLakestar

Description

Timefold has successfully secured €6 million in funding to accelerate the development and commercialisation of its planning optimisation platform, 'PlanningAI'. This platform aims to address complex scheduling challenges faced by businesses and governmental organizations.

Quick answer

Timefold raised €6 Million in a Series A round, dated September 16, 2024. Investors: Smartfin and Lakestar. Timefold is based in Ghent, East Flanders, Belgium.

How much did Timefold raise?
Timefold raised €6 Million in a Series A round on September 16, 2024.
Who invested in Timefold?
Smartfin and Lakestar are named as investors in this round.
What does Timefold do?
Timefold is a Belgian AI software startup focused on planning optimisation through its AI-powered platform, PlanningAI.
Where is Timefold based and how big is it?
Timefold is based in Ghent, East Flanders, Belgium. Fundz records about 40 employees.
Who are the decision-makers at Timefold?
Fundz holds 3 contacts at Timefold. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Timefold that raised within 45 days of this round, from Fundz verified event records.

  • Persana AI raised $2.3M (Seed) on October 31, 2024.
  • Palladyne AI Corp. raised $6.9M on October 31, 2024.
  • Naptha AI raised $6M (Pre-Seed) on October 31, 2024.
  • Spot AI raised $31M (Funding Round) on October 31, 2024.
  • iGent AI raised $8.2M (Seed) on October 30, 2024.
  • Bifrost AI raised $8M (Series A) on October 30, 2024.

Who to call at Timefold, and when

A new round usually means Timefold is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Timefold raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Timefold, from your own LinkedIn network

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Company Information

Company

Timefold

Location

Ghent, East Flanders, Belgium

About

Timefold is a Belgian AI software startup focused on planning optimisation through its AI-powered platform, PlanningAI. The platform aims to provide efficient scheduling solutions for businesses and government entities, overcoming the limitations of current planning tools. By offering easy-to-use models, Timefold facilitates complex planning problems without the need for lengthy development cycles or extensive consulting. Founded by Geoffrey De Smet, the company builds on a strong legacy of open-source optimisation technology.

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Fundz sees it the moment Timefold raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Timefold raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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