TimeFlow Secures €4 Million in Funding

TimeFlow, a Milan, Italy-based company specializing in workforce management and IT supply chain resource procurement, has secured €4 million in funding.

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.

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.

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