Timelio Pty Ltd

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Timelio Pty Ltd - overview

Established

2014

Location

Melbourne, Victoria, Australia

Primary Industry

Financial Services

About

Timelio Pty Ltd is an Australian financial services provider that specializes in offering working capital solutions, particularly through invoice financing, to support businesses in managing cash flow effectively. Timelio Pty Ltd, founded in 2014 in Melbourne, Australia, operates as a financial services firm focused on providing working capital solutions through invoice financing. The company has completed 7 deals, with its most recent funding round occurring on August 5, 2022, in which it raised AUD 7. 5 million from various investors.


The founders, Andrew Petris and Charlotte Petris, have a history of entrepreneurship, contributing to the company's foundation and operational strategies. Timelio, now part of Earlypay Limited, offers a suite of financial services centered on providing working capital solutions to Australian businesses. Their primary offerings include invoice financing, allowing businesses to convert outstanding invoices into immediate cash flow, addressing cash flow challenges and enabling operational continuity. The company serves small to medium-sized enterprises (SMEs) across diverse sectors, enhancing their liquidity and operational efficiency while operating in several regions across Australia to cater to specific financing needs.


In the most recent fiscal year 2022, Timelio generated a revenue of AUD 1,601,640. 10 and achieved an EBITDA of AUD 6,749,719. 30. The company's revenue model is largely based on transaction fees from its invoice financing services, which are directly linked to the volume of transactions processed, and as part of Earlypay, it has access to a broader range of financial products.


Following its successful funding round in August 2022, Timelio Pty Ltd plans to utilize the AUD 7. 5 million raised to enhance its geographic reach and business development efforts. The company is strategizing on new product offerings to better serve its clientele, alongside plans to expand into additional Australian states to tap into untapped markets. The recent funding will support these initiatives, ensuring that Timelio continues to evolve and meet the growing needs of businesses seeking effective cash flow management solutions.


Current Investors

Thorney Investment Group, Nm Developments Pty Ltd, Mora Superannuation Fund Pty Ltd

Primary Industry

Financial Services

Sub Industries

Accounting Services, e-Financial, Web Applications, Accounting/Finance Software

Website

www.timelio.com.au

Verticals

FinTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

Timelio Pty Ltd - timeline of key events

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Timelio Pty Ltd - financials

Fiscal Year EndedJun 30, 2022
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Timelio Pty Ltd - employee data

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