Alkemy Finance Inc.

Alkemy Finance Inc., operating under the brand Timecapsule, provides project management and time-tracking software designed for agencies, small businesses, and freelancers.

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Time-tracking and project management software for agencies and freelancers.

Alkemy Finance Inc., operating under the brand Timecapsule, provides project management and time-tracking software designed for agencies, small businesses, and freelancers. Founded with a focus on simplifying administrative tasks, the company's platform enables users to monitor project profitability, track billable hours, and manage team performance. Timecapsule emphasizes real-time analytics, offering insights into earnings versus costs and identifying productivity trends.

The company has gained traction with claims of helping clients achieve a 20% boost in profitability through its tools. While specific financials and headcount are not publicly disclosed, Alkemy Finance appears to be bootstrapped or privately funded, with no recent funding rounds or SEC filings indicating significant external investment. The product is marketed as a solution for remote and global teams, with a freemium model indicated by promotional codes like 'TIME100' for free account access. The company's current focus is on expanding its user base among creative agencies and professional service providers.

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Who buys this

  • Creative agencies managing multiple client projects
  • Freelancers tracking billable hours
  • Small businesses with remote teams
  • Professional service providers monitoring profitability

Publicly disclosed clients

  • Islands (referenced in testimonial)

Strengths and what to watch

Strengths

  • Real-time profitability analytics for project-based work
  • Integration of time tracking with financial performance metrics
  • Freemium model lowers barrier to entry for small teams

Watch for

  • Limited public financial disclosures make growth trajectory unclear
  • No announced enterprise partnerships or channel strategies
  • Competitive space with established players like Harvest and Toggl

Key Information

Founded
2012
Headquarters
Milan

Frequently Asked Questions

What is Timecapsule software used for?

Timecapsule by Alkemy Finance Inc. is project management and time-tracking software for agencies, freelancers, and small businesses. It helps users monitor billable hours, track project profitability, and analyze team performance through real-time analytics. The platform claims to boost profitability by 20% for clients managing multiple projects.

Who typically uses Timecapsule project management tools?

Timecapsule primarily serves creative agencies managing client projects, freelancers tracking billable hours, and small businesses with remote teams. Professional service providers also use it to monitor profitability. The software is designed for project-based work where tracking time and financial performance together is critical.

Does Timecapsule offer a free version?

Yes, Timecapsule operates on a freemium model with promotional codes like 'TIME100' for free account access. This lowers the barrier for small teams to try the software before committing. The company hasn't disclosed specific pricing tiers or premium feature details publicly.

How does Timecapsule compare to Harvest or Toggl?

Timecapsule differentiates with integrated profitability analytics, showing earnings versus costs in real time. While Harvest and Toggl focus on time tracking, Timecapsule combines this with financial metrics. However, it lacks announced enterprise partnerships, unlike some competitors in this crowded space.

What are Timecapsule's key features for agencies?

Key features include project profitability monitoring, billable hour tracking, and team performance analytics. The platform provides insights into productivity trends and cost management. Agencies benefit from seeing which projects are most profitable in real time, helping with resource allocation and pricing decisions.

Is Alkemy Finance a publicly traded company?

No, Alkemy Finance Inc. appears to be privately funded or bootstrapped, with no SEC filings indicating public trading or significant external investment. The company hasn't disclosed financials or headcount, focusing instead on growing its user base among creative agencies and service providers.

Sources

  1. www.usetimecapsule.com — Product description and customer testimonial
  2. www.prnewswire.com — Context on unrelated SPAC transaction showing no connection to Alkemy Finance
  3. www.sec.gov — Confirms no relevant SEC filings for Alkemy Finance
  4. www.prnewswire.com — Additional confirmation of unrelated SPAC activity