Timetrack.ai
AI-powered timetracking saving firms time & money.
Model
SaaS App
Industry
Professional Svcs
Stage
Design
Location
Dallas, TX
VentureGrade℠
69
out of 100
TimeTrack.ai is an AI-powered SaaS platform that automates time-tracking, reduces billing errors, and prevents revenue leakage for professional services firms, saving time and money.
Elevator Pitch
TimeTrack.ai is an AI-powered SaaS platform revolutionizing how professional services firms track billable hours. By automating time-tracking through real-time software usage analysis, it eliminates manual input, reduces billing errors, & prevents revenue leakage. Designed for industries like architecture, consulting, & law, TimeTrack.ai saves firms time & money while enhancing operational efficiency. With seamless integration into tools like Google Workspace Microsoft 365, AutoDesk Suite, & Adobe Suite, it’s easy to adopt and scale. Backed by customer discovery & ready for pilot programs, TimeTrack.ai is positioned to transform the $28.9 billion billing software market. We’re seeking partnerships to accelerate development & bring this impactful solution to market.
Founder(s)
Panashé Siachitema
- 5 years HKS Inc. Architects
- 1yr. leading finance taskforce
Revenue Model
TimeTrack.ai operates on a subscription-based SaaS model with tiered pricing tailored to team size and feature needs. Revenue streams include freemium entry-level plans, premium upgrades, and enterprise customizations, alongside add-ons like advanced analytics and integrations. This scalable model ensures accessibility for small firms and robust solutions for large enterprises.
Startup Journey
TimeTrack.ai was born from firsthand experience in professional services, where I witnessed inefficiencies in manual time-tracking that caused revenue leakage and administrative headaches. Recognizing the opportunity, I assembled a team of experts in AI, software development, and industry operations to tackle this problem.
We validated our idea through extensive customer discovery, interviewing firms & CFOs to understand pain points plus confirming demand for automated time-tracking solutions. To date, we’ve built a strong foundation with a clear product roadmap, pilot opportunities with major firms, & an early-stage prototype.
Our greatest need is funding to accelerate development, refine our AI algorithms, & bring the product to market. With TimeTrack.ai, we aim to transform how professional services firms operate, saving them time, reducing errors, & maximizing profitability.
Go-To-Market Plan
TimeTrack.ai’s plan leverages industry relationships in architecture to target primary customer segment through pilot programs, industry partnerships, & direct outreach. We’ll leverage digital marketing, industry events, & thought leadership to drive awareness. Sales channels include enterprise sales for large firms & online freemium model to attract smaller teams & convert them to premium plans.
Potential Exit
Potential exits include acquisition by established SaaS companies like Deltek, Microsoft, or Salesforce, which could integrate TimeTrack.ai’s AI-powered time-tracking into their ecosystems. Alternatively, private equity or industry-specific software firms seeking to expand into billing automation could acquire TimeTrack.ai for its innovative technology and established client base.
VentureGrade℠
Pitch Deck
Pitch Video
