Toggl
Time tracking and planning software for freelancers and small teams.
Toggl pays its bills but is shrinking staff while bigger suites add its core feature for free and AI tools remove the need to track time by hand.
Toggl lets workers and agencies track time spent on projects by starting and stopping timers or entering hours manually. The problem is that bigger software companies like Asana, Monday.com, and Jira are adding time tracking as a free feature inside their products, and new AI tools like Timely can track your work automatically without you lifting a finger, which makes Toggl's core feature less special. The company is shrinking (losing staff), struggling with a messy software update that frustrated users, and has no clear path to grow faster than its threats, so it would need to either stop the bleeding from its update or find a way to do something these bigger players cannot.
Monday.com, ClickUp, or Asana ships a genuinely capable native time-tracking and billing module. Would show a suite giant is directly absorbing Toggl's agency customer base.
Toggl ships true AI-native passive/auto-tracking (not just an import assistant) within the next year. Would show Toggl closing the gap with Timely-style AI tracking rather than losing share to it.
- Headcount fell to 123, down about 19% year over year
- Estimated ARR around $32.8M in 2024
- Toggl Hire shut down, ending new signups
- Toggl 2.0 migration causing user complaints over missing features and lost hour data, June 2026.
- AI-native auto-tracking rivals like Timely commoditize Toggl's core manual-timer mechanic.
- Toggl Hire product shutdown narrows revenue diversification, closed to signups April 2026.
- Adjacent suite giants (Asana, monday.com, Jira) could bundle time tracking as a free feature.
- Customer complaints over strict no-refund annual subscription policy, June 2026.
| Rival | Direction | Evidence |
|---|---|---|
| Clockify | gaining on | Described as free-tier leader with GPS and kiosk mode beyond Toggl's offering, May 22 2026 |
| Timely | gaining on | Positioned as AI auto-tracking rival threatening Toggl's manual-timer mechanic, May 25 2026 |
| Harvest | contesting | Competes as invoicing-focused, freelancer-oriented time tracker, May 22 2026 |
| Asana, monday.com, Jira/Atlassian | gaining on | Suite platforms can bundle time tracking as a feature rather than standalone purchase |
| Hubstaff | contesting | Competes in remote workforce monitoring segment adjacent to Toggl's anti-surveillance positioning |
- Is Toggl profitable in 2026?
- Toggl has not disclosed audited financials, but the company states on its own About page that it has been 100% bootstrapped with $0 in VC funding since its 2006/2007 founding, as of December 2024, implying it self-funds operations rather than relying on outside capital.
- Could AI replace Toggl's time tracking product?
- Toggl's core mechanic is manual timers and entry, the exact thing AI auto-tracking rivals like Timely target. Toggl itself shut down its Toggl Hire screening product around April 2026, with a competitor attributing the closure to AI reshaping candidate screening.
- Who owns Toggl?
- Toggl is privately owned and founder-controlled, run by co-founder and CEO Alari Aho out of Tallinn, Estonia, via the entity Toggl OÜ. It has taken $0 in venture funding since inception, per the company's own About page as of December 2024.
- Who is Toggl's biggest competitor?
- Clockify is described as the free-tier leader with broader admin features like GPS tracking and kiosk mode, per a May 22, 2026 comparison. Timely is positioned as the AI-augmented auto-tracking threat to Toggl's manual-timer model.
- What is Toggl 2.0?
- Toggl 2.0 is a unified product launched publicly around June 8, 2026, merging Toggl Plan's capacity planning with Toggl Track's time data into a single 'time intelligence' tool, including an AI-assisted task importer that generates tasks from pasted text or screenshots.
- Did Toggl lay off employees?
- Toggl has not made an official layoffs announcement. It did shut down its Toggl Hire product, closing new signups by around April 20, 2026, as part of narrowing its product lineup back toward core time-tracking tools.
- 2026-06-16Toggl community publishes Q&A for Track users on the Toggl 2.0 transition
- 2026-06-08Toggl 2.0 launched publicly, merging Toggl Track and Toggl Plan into one product
- 2026-04-20Toggl Hire closed to new signups amid product shutdown, per third-party report
- 2025-11-01Toggl reported to have achieved SOC 2 Type I/II compliance
- 2025-10-01Toggl Plan users begin migration toward the new Toggl 2.0 product
- 2025-09-04Toggl introduces API v9 rate limits of 30 to 600 requests per hour by tier
- 2025-05-27Toggl ships new Reports experience, ISO/IEC 27001 certification, and 2FA
- 2024-06-03Toggl co-founder Alari Aho joins Bigbank's supervisory board
- 2022-09-01Toggl rebrands acquired product Hundred5 as Toggl Hire
- About us
- $32.8M Est. ARR (Bootstrapped) (2024-12-18)
- Toggl Track (2026-01-08)
- Toggl - Headcount, Funding & Open Jobs (2026-06-19)
- Toggl Hire Alternatives in 2026 (After the Shutdown) (2026-04-20)
- New Reports Experience, ISO Certification & More! (2025-05-27)
- API & Webhook limits (2025-09-04)
- Best Free Time Tracker? (2026) (2026-02-22)
- Introducing Toggl 2.0 (2026-06-08)
- Toggl 2.0: FAQs When Switching from Toggl Plan (2026-06-08)
- Toggl 2.0 Onboarding Guide for Toggl Plan Solo Users (2026-06-08)
- Toggl 2.0 Pricing Plans