Timbeter

About

Timbeter is a solution for quick and accurate timber measurement and data management.

Tallinn,Harjumaa,Estonia
11 - 50

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $1M
Industries: Apps,Database,Mobile,Professional Services,Software
Founded date: Dec 3, 2013
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Timbeter OÜ.
Also Known As: Timber Diameter

Timbeter is a smartphone application that enables to measure timber quickly and accurately. Timbeter is an innovative solution to measure timber quickly and accurately. Timbeter's purpose is to reduce time-consuming and boring manual measurement, bring transparency and efficiency to the industry.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$1.65M

Timbeter has raised a total of $1.65M in funding over 2 rounds. Their latest funding was raised on Jun 8, 2022 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 8, 2022	Seed	$500K	1	Future Investment Initiative Institute	—	Detail
Jan 28, 2020	Seed	$1M	5	TMT Investments	—	Detail
Dec 7, 2016	Non-Equity Assistant	—	1	—	—	Detail
May 31, 2016	Non-Equity Assistant	$150K	1	—	—	Detail
Jun 1, 2014	Seed	—	1	Change Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

8

Timbeter is funded by 8 investors. Future Investment Initiative Institute and TMT Investments are the most recent investors.

Investor Name	Lead Investor	Funding Round
Future Investment Initiative Institute	Yes	Seed
TMT Investments	Yes	Seed
Wiser Financial Advisors	—	Seed
Change Ventures	—	Seed
Contriber Ventures	—	Seed
Toggl	—	Seed
Pitch@Palace	—	Non-Equity Assistant
The Duke of York	—	Non-Equity Assistant