Timely

Appointment Scheduling Software

Shareholding: 3.8%
First Investment: June 2014

Timely provides a software platform to beauty and wellbeing businesses to manage front office bookings, reminders, marketing, point of sale as well as back office staff rostering, reporting and analytics. Timely is used by over 30,000 practitioners in 80 countries and announced that they had surpassed $7m in annualised recurring revenue earlier in 2018. Timely was placed 15th in the 2017 Deloitte Fast 50 index with two-year revenue growth of 379%. Timely has a remote working approach with staff based in several centres, including Dunedin, Auckland, Wellington and the United Kingdom. Renowned stylist, television personality, author and business expert, Tabatha Coffey joined the Timely board of directors in August 2018.

The last major external investment was in November 2017, with a $7 million investment by Movac. Punakaiki Fund did not invest in this round. LWCM receives regular updates from Timely, and the Timely founders and senior staff have been active in LWCM founder sessions.

 

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