TimeFlow, a Milan, Italy-based company specializing in workforce management and IT supply chain resource procurement, has secured €4 million in funding.
Investors
The round, which is funded in part by the European Union - Next Generation EU, was supported by investors such as Vertis SGR and Azimut. CDP Venture Capital (Fondo Rilancio), Growth Engine, and Duccio Vitali converted €625k of previously subscribed convertible instruments into equity. The raise was further boosted by an equity crowdfunding campaign on Mamacrowd.
TimeFlow Use of Funds
The company will use the funding to accelerate its growth plan and expand into key European markets, including the UK, Germany, and France. Additionally, TimeFlow plans to integrate new AI-powered functionalities into the platform.
About TimeFlow
Founded in 2020 by Lorenzo Danese, Iacopo Albanese, Gianmarco Ferrante, and Federico Patrioli, TimeFlow offers an AI-driven platform that automates and optimizes workforce management and IT supply chain resource procurement. The company leverages AI to streamline the sourcing, qualification, and engagement of Professional Services suppliers, connecting businesses with the right tech talent and IT service providers. Operating across five countries, TimeFlow serves more than 1,500 companies.
Funding Details
Company: TimeFlow S.r.l.
Raised: €4.0M
Round: Unknown
Funding Date: February 2025
Investors: Vertis SGR, Azimut, CDP Venture Capital, Growth Engine, Duccio Vitali
Company Website: https://timeflow.cloud/
Software Category: Workforce and Vendor Management
Source: https://www.eu-startups.com/2025/02/timeflow-closes-e4-million-funding-round-to-expand-abroad-and-develop-ai-features/