Tempo Software
Website: https://www.tempo.io/
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Tempo Software is a private-equity-backed provider of strategic portfolio management (SPM), project and portfolio management (PPM), time tracking, resource planning, and budget management software, sold primarily as a modular suite of applications that integrate natively with Atlassian Jira. Headquartered in Burlington (Boston area), Massachusetts, the company operates in the B2B SaaS segment and distributes its products through the Atlassian Marketplace and direct sales channels. It is wholly owned by Los Angeles-based private equity firm Diversis Capital.
AI-generated reference entry from web research · Generated 2026-09-10. Citations identify available source support; claims without a citation are not independently verified.
Key Facts
- Founded (as standalone company): 2015 (originated 2008 within Origo/Nýherji) [8]
- Headquarters: Burlington (Boston area), Massachusetts, USA [2]
- Ownership: Wholly owned by Diversis Capital (since October 2022) [11]
- Employees: ~364 (as of March 2026) [15]
- ARR Milestone: Surpassed USD 100M ARR in 2022 [12]
- Customers: 30,000+ across 100+ countries [2]
- Acquisitions completed: 6 (Roadmunk, ALM Works, LiquidPlanner, Old Street Solutions, Alpha Serve, and one additional per Crunchbase) [17]
- Primary distribution channel: Atlassian Marketplace and direct SaaS subscriptions [3]
Overview
Tempo Software operates as a provider of strategic portfolio management (SPM) solutions, primarily serving clients within the Atlassian ecosystem [1]. Its product suite spans time management, resource planning, budget management, strategic roadmapping, and program management for software engineering and product management teams [2]. The company sells software licenses and subscriptions through the Atlassian Marketplace and its own sales channels, targeting organizations from small businesses to large enterprises [3]. Core products include Timesheets by Tempo (time tracking and reporting inside Jira), Structure PPM (hierarchical project and portfolio visualization), Strategic Roadmaps (formerly Roadmunk, for roadmapping), Capacity Planner, and Custom Charts for Jira (acquired from Old Street Solutions) [4]. The platform also incorporates BI connectors for Power BI and Tableau, added through the acquisition of Alpha Serve [5]. Tempo describes its approach as Jira-native governance: rather than aggregating data into a separate platform, portfolio and financial data are pulled directly from Jira as the system of record [6].
History
Tempo originated in 2008 as an internal project by employees of Origo hf. (then Nýherji), an Icelandic IT services company, who built a timesheet solution connected to Jira to solve their own time-tracking problem [7]. The product was spun off into a standalone company in 2015 [8]. In November 2018, Diversis Capital acquired a 55% controlling stake from Origo at a valuation of USD 62.5 million, paying USD 34.5 million in cash [9]. Origo retained a 45% stake at that time [10]. In October 2022, Diversis acquired Origo's remaining stake for USD 195 million, taking 100% ownership [11]. Tempo surpassed USD 100 million in annual recurring revenue (ARR) in 2022 [12]. Between 2021 and 2024, Tempo executed a series of acquisitions to broaden its platform: Roadmunk (November 2021, strategic roadmapping) [13], ALM Works/Structure for Jira (December 2021, project and portfolio management) [14], LiquidPlanner (2023, predictive scheduling) [15], Old Street Solutions (2023, Custom Charts for Jira and Confluence) [16], and Alpha Serve (January 2024, enterprise BI connectors) [17]. In January 2025, Vic Chynoweth was appointed CEO, succeeding Mark Lorion [18].
Market Position
Tempo positions itself within the strategic portfolio management (SPM) and project and portfolio management (PPM) categories, with its primary differentiation being native integration with Atlassian Jira [1]. The company has stated it serves more than 30,000 customers across a wide range of industries, including approximately one in three Fortune 500 companies, across more than 100 countries, with over 300 strategic integration partners [2]. Notable customers cited in company press releases include Amazon, BMW, Pfizer, PayPal, Hulu, Dell, and Disney [3]. Tempo was named Atlassian Partner of the Year for Enterprise App Services [4]. Tempo Timesheets holds a 4.4-star aggregate rating across 120 verified product reviews on G2 [5], and is listed on Capterra where reviewers broadly describe it as user-friendly and well-integrated with Jira [6]. The company has operated in the Atlassian Marketplace since approximately 2009–2010 and has grown its ARR to exceed USD 100 million as of 2022 [7].
Competition
Within the Atlassian ecosystem, direct competitors for time tracking include Toggl Track, Everhour, ActivityTimeline, Clockwork Pro, and Harvest, which are frequently cited as lower-cost alternatives that charge per active user rather than per total Jira seat [1]. In the broader SPM and PPM market, competitors identified by PitchBook include Asana, ClickUp, Nutcache Technologies, and Dovico [2]. SoftwareReviews lists Planview Portfolios, Planview ProjectAdvantage, Meisterplan, Scoro, OnePlan, and Forecast as alternatives in the Tempo Portfolio Manager category [3]. Tempo's own comparison content frames Planview as an incumbent with deeper financial governance but higher implementation overhead and opaque pricing, and Smartsheet as a generalist aggregation platform suited to mixed-tool environments, positioning Tempo as the Jira-native alternative for enterprises whose delivery data lives primarily in Jira [4]. Tracxn lists Smartsheet, Notion, and Anaplan among the broader competitive set [5].
Additional Links
- Tempo Software – About Us — Tempo Software (official)
- Tempo commences formal process for a significant investment — Tempo Software (official press release), 2018
- Tempo Timesheets Reviews 2026: Details, Pricing, & Features | G2 — G2, 2026
- Tempo Timesheets Reviews 2026. Verified Reviews, Pros & Cons | Capterra — Capterra, 2026
- Tempo Acquires Roadmunk — PrivSource, 2021
- List of 5 Acquisitions by Tempo (Apr 2026) — Tracxn, 2026
Sources
- Tempo Software company information, funding & investors | Dealroom.co — Dealroom, 2024
- Tempo Software 2026 Company Profile: Valuation, Funding & Investors | PitchBook — PitchBook, 2026
- Tempo – Crunchbase Company Profile & Funding — Crunchbase, 2026
- Tempo Software Acquires Alpha Serve to Broaden SPM Solution — Tempo Software (official press release), 2024-01-24
- Tempo announces new majority ownership by Diversis Capital — Tempo Software (official press release), 2018-11-19
- Origo: sells 55% stake in Tempo to Diversis Capital — MarketScreener, 2018-11-20
- Diversis Buys Remainder of Software Firm — Los Angeles Business Journal, 2022-10-31
- Diversis Capital Further Invests in Tempo Software and Its Momentum by Acquiring Remaining Stake from Minority Holder Origo hf — PR Newswire, 2022-10-06
- Origo hf. – Origo hf. sells its holding in Tempo — Nasdaq Nordic/Origo hf. Investor Relations, 2022
- Origo announces the sale of its remaining share in Tempo for $195M — Northstack, 2022
- Tempo acquires Roadmunk — Tempo Software (official press release), 2021-11-23
- Tempo acquires ALM Works — Tempo Software (official press release), 2021-12
- Tempo acquires LiquidPlanner — Tempo Software (official press release), 2023
- Tempo agrees to acquire Old Street Solutions — Tempo Software (official press release), 2023
- Tempo – 2026 Company Profile, Team, Funding & Competitors — Tracxn, 2026-06-28
- Tempo Products | Read 120 Reviews on G2 — G2, 2026
- Tempo Timesheets Software Pricing, Alternatives & More 2026 | Capterra — Capterra, 2026
- Tempo Portfolio Manager Alternatives and Competitors — SoftwareReviews, 2026
- Private Equity firm Diversis Capital acquires majority stake in Tempo at $62.5m valuation — Northstack, 2018-11-27
Editorial note: The precise founding year of the Tempo product is reported variously as 2006, 2007, 2008, 2009, and 2015 across different databases, reflecting confusion between when the internal Origo project began (circa 2008–2009), when the Atlassian Marketplace listing started (circa 2009–2010), and when Tempo was incorporated as a separate legal entity (2015). The entry uses 2008 (internal origin) and 2015 (standalone spin-off) as reported by Origo's CEO and the LA Business Journal respectively. The exact date of the LiquidPlanner acquisition announcement was confirmed as February 2023 per LinkedIn but the official Tempo press release page does not display a clear date; Crunchbase shows the acquisition in the 2023 timeframe. Lead Edge Capital is mentioned in Crunchbase's timeline as co-investor in the October 2022 funding round alongside Diversis, but this could not be fully verified from a primary source and was therefore omitted from the main entry.