Tiimo, a Danish mental healthcare startup which develops a learning and planning app tailored for neurodivergent individuals, has recently raised $1.6 million in a recent funding round, bringing their total funding to $4.8 million, including a $3.2 million seed round in 2022, as part of their pre-Series A efforts to advance neuro-inclusive technology. The funding round was co-led by Crowberry Capital, an Iceland and Denmark-based venture capital firm that supports seed and early-stage startups across the Nordics, with investments ranging from €200,000 to €2 million, and People Ventures, a venture capital firm based in Demark, with additional investment from Sweden-based Inner Foundations.
Co-founded in 2015 by Helene Lassen Nørlem and Melissa Würtz Azari, Tiimo is committed to closing the gap in research and support tools for millions worldwide who think differently. The app, developed to solve executive functioning challenges (difficulties with goal-setting, time management, and focus) that prevent individuals from living productively, provides planning, community and expert-led learning. Headquartered in Copenhagen, the platform’s key features include a visual timer, widget and calendar integration, AI checklists, and preset routines.
Since announcing its seed funding round two years ago, Tiimo’s user base has doubled. As of August 2024, it boasted over 50k paying subscribers, more than three out of four of whom identified as neurodivergent. The app is growing in popularity globally, surpassing 500K free users worldwide.
With the fresh funding, Timo intends to extend its user base, scale existing markets, and enhance its product offerings, including the new Tiimo Learn subscription. It also plans to launch a web-based planner in September 2024, offering a more comprehensive experience than the app for laptop and desktop users.
The 2022 round included investment from Silicon Valley-based Goodwater Capital and neurodiversity-focused US VC Divergent Investments.
