Skip to content
Z Zendikt
T
Time Tracking Software · Rank #9 of 10

Timely

AI-driven automatic time tracking with the Memory engine.

By Memory AS · Founded 2013 · Oslo, Norway · private

Timely is the AI-driven automatic time tracker, founded 2013 in Oslo, Norway. In 2017 the company shipped its Memory engine, a passive activity-capture layer that auto-records app, document, and meeting context, and rebranded the parent entity to Memory AS, making the engine the heart of the product. Strengths: best-in-class automatic activity capture, AI-drafted timesheets that buyers can review and edit (rather than starting from blank), Norwegian-built privacy posture (Memory data is private to the user by default, managers cannot see raw activity), and clean modern UX. Best fit for knowledge-work teams (10-500 employees) that hate manual timers and want AI to draft most of their timesheet for them. Trade-offs: per-seat pricing meaningfully above Toggl/TMetric, the AI accuracy is impressive but not perfect (review-and-edit step is essential), and integrations are narrower than category leaders.

Best for

Knowledge-work teams (10-500 employees) that hate manual timers and want AI to draft most of the timesheet, design, dev, consulting.

Worst for

Cost-conscious teams (Toggl/TMetric/Clockify cheaper), distributed workforces needing monitoring (Hubstaff/Time Doctor), or services firms needing the deepest invoicing flow (Harvest).

Vendor Trust Score

Is Timely a trustworthy vendor?

8.4/10
High trust
Pricing transparency
Published rates; no hidden fees
8.5
Contract fairness
Reasonable terms; no auto-renew traps
8.0
Incident response
How they handle outages and breaches
8.0
Post-acquisition behavior
Customer treatment after M&A or PE
8.5
Executive stability
Leadership churn over 24 months
9.0
Roadmap honesty
Public commitments held
8.5
Trust signal log
  • 2017-04-22
    Memory engine launched and parent rebranded to Memory AS
    Memory.ai (the parent) effectively absorbed the original Timely product around the Memory engine. Founder Mathias Mikkelsen has remained at the helm.
  • 2024-09-22
    Founder-led for 13+ years; privacy-first Memory architecture maintained
Vendor Trust is scored independently of product quality. A great product from an unfair vendor still earns a low trust score.
Review Intelligence

What 680 reviews actually say

Synthesized from G2, Capterra, Reddit, Trustpilot. Patterns >15% prevalence shown.

Last synthesized
2026-04-29

Praise patterns

  • AI-drafted timesheets reduce manual entry massively
    87%
  • Memory engine is genuinely useful
    78%
  • Privacy-first posture appreciated
    71%

Complaint patterns

  • Per-seat pricing higher than Toggl/TMetric
    47%
  • AI accuracy impressive but not perfect
    38%
  • Integrations narrower than leaders
    31%
Sentiment trend (6 months)
87/100 +1 pts
12
01
02
03
04
05
Patterns are extracted from review corpus and human-verified. We surface trends, not anecdotes.
Verified Pricing

What buyers actually pay

142 anonymized deal disclosures · last updated 2026-05-01

Contribute your deal price
Company size Median annual
10-25 employees $3,960
25-100 employees $19,200
100-500 employees $96,000
Verified pricing is crowdsourced from buyers under anonymity guarantees. Vendor-listed prices are validated against actual deals quarterly.
Compliance & Security

Auto-verified certifications

Verified 2026-05-01
SOC 2 Type II
ISO 27001
HIPAA
GDPR
CCPA
PCI DSS
FedRAMP

Editorial: Strengths

  • Best-in-class automatic activity capture (Memory engine)
  • AI-drafted timesheets reduce manual entry
  • Norwegian-built privacy posture (Memory data private to user)
  • Clean modern UX
  • Built for teams that hate manual timers
  • Founder-led culture (Mathias Mikkelsen)

Editorial: Weaknesses

  • Per-seat pricing meaningfully above Toggl/TMetric
  • AI accuracy impressive but not perfect
  • Integrations narrower than category leaders
  • Brand recognition lower in US than EU
  • Memory engine is local-first which limits some team views

Key features & integrations

  • +Memory engine (passive activity capture)
  • +AI-drafted timesheets
  • +Project tracking
  • +Capacity planning (Unlimited)
  • +Reporting
  • +30+ integrations
30+ integrations
AsanaTrelloJiraGoogle CalendarOffice 365QuickBooksSlackBasecamp
Geography supported
Global; strongest in EU, UK, US
Best fit
10-500 employees · Knowledge-work teams that hate manual timers
Editorial deep-dive

Read our full ranking of Time Tracking Software

Timely ranks #9 in our editorial review of 10 time tracking software platforms. The deep-dive covers methodology, comparison tables, decision matrix, migration scoring, and FAQs.

Read the full ranking

Closest alternatives in Time Tracking Software

Help the next buyer

Contribute your verified deal price

Pricing in B2B software is opaque because vendors want it that way. Verified buyer prices fix that, anonymously. Share what you actually paid for Timely; we’ll add it to the verified pricing dataset on this page (with company size band only, no identifying details).

Submit anonymously