Memory.ai (Timely Norway)
A Norwegian AI-based productivity company that raised $25.2M and operates Timely as its flagship time-tracking product. As of 2026, Memory.ai is building AI-powered automatic time tracking tools focused on privacy and productivity.
Last updated: 2026-03-20 02:42
Company Overview
Memory.ai is a Norwegian technology company focused on building AI-based productivity tools. The company operates Timely, an automatic time-tracking software, as its flagship product.
Funding
Memory.ai has successfully raised $25.2M in funding, making it one of the well-funded companies in the time tracking software sector as of 2026.
Product Focus
The company's primary product, Timely, emphasizes:
- Automatic time tracking using AI
- Privacy-first approach to activity monitoring
- Productivity insights and analytics
- Reducing manual time entry burden
Market Position
As of January 2026, Memory.ai is positioned among the notable startups in the global time tracking software market, which is experiencing significant growth with projections reaching billions in market size by 2033.
Geographic Presence
Based in Norway, Memory.ai is part of the European time tracking software ecosystem, contributing to the region's growing presence in productivity technology.
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