{"id":343394,"date":"2017-06-12T16:17:56","date_gmt":"2017-06-12T08:17:56","guid":{"rendered":"http:\/\/techcrunch.com\/?p=1502306"},"modified":"2017-06-12T16:17:56","modified_gmt":"2017-06-12T08:17:56","slug":"time-tracking-startup-timeular-raises-1-1m-to-help-you-work-smarter","status":"publish","type":"post","link":"https:\/\/people.utm.my\/asmawisham\/time-tracking-startup-timeular-raises-1-1m-to-help-you-work-smarter\/","title":{"rendered":"Time-tracking startup Timeular raises $1.1M to help you work smarter"},"content":{"rendered":"

<\/p>\n

Timeular, the Austrian startup behind the neat Zei time-tracking device<\/a> that we wrote about last year, has raised \u20ac1 million ($1.1 million) in funding to develop new productivity coaching tools to help you work smarter.<\/p>\n

The company is best known for the\u00a0Zei, its eight-sided device that is Bluetooth-enabled and acts as a timer. You simply program each side to a different task and tip it when you\u2019re working on a particular task or change to another.<\/p>\n

The device blew past its \u20ac75,000 goal on Kickstarter<\/a>, going on to raise\u00a0\u20ac313,637 from over 3,000 backers. It caught the eyes of others, too. Timeular was named Austrian startup of the year<\/a> for 2016, which, in turn, put it on the radar of domestic VC Speedinvest<\/a> which is financing the \u20ac1 million round.<\/p>\n

Having first helped people keep track of time, the goal is now to help them work with more efficiency.<\/p>\n

\u201cTime-tracking is nice but you need to create some value because people struggle for insight into their data,\u201d Timeular CEO Manuel\u00a0Bruschi told TechCrunch in an interview. \u201cWe\u00a0want to help people to become more productive and see how they can spend their time better.\u201d<\/p>\n

The company is using this new fundraising to develop a time-tracking and productivity solution that will give users tips to boost their output, and reports into how their work productivity is faring. The service will work best when paired with a Zei \u2014 which is available for\u00a0\u20ac115<\/a>\u00a0($129) from the Timeular website\u00a0\u2014 but\u00a0Bruschi said the idea is to make it open for all.<\/p>\n

The exact details are still to be defined, but he said that the core service will be available to paying users, who would subscribe to an ongoing paid membership package. There may be limited options for free users.<\/p>\n

\u201cPeople are stating to care more about time than money,\u201d Bruschi added. \u201cThat\u2019s what we want to help them achieve. It used to be \u2018work hard, play hard,\u2019 but now we think\u00a0it is more important to work smart. For example, working 30 hours a week while keeping the same output and making time for other things in life.\u201d<\/p>\n

Timeular plans to introduce its upcoming product in the third quarter of this year, initially in beta with a full launch expected before the end of 2017. Interested users can sign up here<\/a> for updates on the progress of the launch.<\/p>\n

Speedinvest partner and hardware expert Lucanus Polagnoli is among those eagerly anticipating the service.<\/p>\n

\u201cTimeular has developed a revolutionary product to tackle one of our greatest challenges: finding time for important things in life,\u201d he told TechCrunch via email. \u201cManuel and his team have the potential to really change the way we make use of our time.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

\"\" Timeular, the Austrian startup behind the neat Zei time-tracking device that we wrote about last year, has raised \u20ac1 million ($1.1 million) in funding to develop new productivity coaching tools to help you work smarter. The company is best known for the\u00a0Zei, its eight-sided device that is Bluetooth-enabled and acts as a timer. You simply program each side to a different task and tip it… Read More<\/a><\/p>\n

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