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Timee
On-demand part-time job matching platform for businesses
About Timee
Timee Inc. operates a marketplace platform that connects businesses with short-term labor needs to individuals seeking flexible work, commonly known as 'gig work' or 'spot work'. The company was founded in August 2017 by Ryo Ogawa. The inspiration for Timee came from Ogawa's personal experiences and the realization that a significant amount of time is often wasted, which could be utilized productively. He had previously started an apparel-focused company called Recolle, but after that venture did not succeed, he pivoted to the idea of an on-demand work platform.
Timee's service was officially launched in August 2018. The platform is designed to eliminate the friction typically associated with finding part-time work; job seekers can find and start work without the need for resumes or interviews. A key feature of the service is that workers can receive their payment almost immediately after their work is completed. The business model is based on charging a service fee to the hiring businesses, which is calculated as a 30% commission on the worker's compensation. This model provides a solution for businesses, particularly in sectors like food service, logistics, and retail, to manage fluctuating labor demands.
The platform incorporates a mutual review system, allowing both businesses and workers to rate each other, which helps to maintain service quality and trust. Businesses can also directly hire workers they have connected with through the platform for long-term positions without any additional fees. In addition to its primary gig work service, Timee has expanded its offerings to include "Timee Travel," which provides work experiences in different regions, and "Timee Career Plus," a service aimed at supporting users in securing long-term employment. The company has seen significant growth, reaching over 7 million registered users and went public on the Tokyo Stock Exchange Growth Market in July 2024.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 2017
- Headquarters
- Tokyo, Japan
- Listing
- IPO 2024
- Sector
- Jobs Recruitment
- Power Law
- Thoroughbred$100M+ revenue
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Colopl Next
GaiaX
CyberAgent Capital
Japan Finance
Genesia Ventures
F Ventures
Series A15 investors entered at this stage
En-Japan
Seven Bank
CyberAgent
Seibu Shinkin Capital
Orient
MIXI
SBI Investment
JAFCO
Prologis
JR East StartUp
Nexyz.Group
TRANSIT GENERAL OFFICE
The CFO Consulting- SBSbs
IMM Investment
Series B and later6 investors entered at this stage
Kintetsu Venture Partners- HCHigegin Capital
AIAI Group
Resona Bank
Mitsubishi UFJ Financial Group
Mizuho
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
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