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CMS Belgium advised Alstin Capital and Kompas VC on their €11M Series A investment in Timefold

23 Jun 2026 Belgium 2 min read
CMS Belgium advised Alstin Capital (as lead investor) and Kompas VC on their €11 million Series A investment in Timefold, alongside existing investors Lakestar and Smartfin.

Timefold, a Ghent-based technology company, develops API-first vehicle routing and shift scheduling solutions, enabling enterprise software teams to integrate advanced optimisation capabilities into mission-critical operations. Its platform supports field service and workforce management applications, allowing organisations to automate complex scheduling decisions while ensuring efficiency, compliance and scalability.

The transaction follows a period of strong commercial growth for Timefold, with the company achieving a near fivefold increase in annual recurring revenue in 2025. Its technology is currently embedded in the operations of major enterprises, including NEC, CBRE, Lufthansa, ADP, and Palantir, where scheduling performance directly impacts operational efficiency, customer experience and workforce productivity.

Timefold’s solution combines AI-driven capabilities with deterministic optimisation models, addressing the limitations of probabilistic scheduling approaches in real-world environments. This enables organisations to manage large-scale, constraint-heavy scheduling challenges in a reliable and reproducible manner, particularly in complex field service contexts.

The proceeds of this investment round will be used to support Timefold’s expansion and to further enhance its platform, as demand continues to grow for robust and easily deployable scheduling optimisation infrastructure in the context of increasingly autonomous software systems.

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