What is Fishbrain?
Founded in 2012, Fishbrain has established itself as the world's largest and fastest-growing social network dedicated to sport fishing. The app empowers anglers by enabling them to track various fish species, share their experiences, and connect with a global community. Beyond fostering a vibrant angler network, Fishbrain champions responsible fishing practices, advocating for catch-and-release and sustainable fish harvesting. The company's growth trajectory, marked by multiple funding rounds, indicates a strong market position and investor confidence in its unique value proposition within the massive global angling market.
How much funding has Fishbrain raised?
Fishbrain has raised a total of $64.6M across 6 funding rounds:
Angel/Seed
$2.4M
Series A
$8M
Private Equity
$3.7M
Series B
$13.5M
Other Financing Round
$31M
Other Financing Round
$6M
Angel/Seed (2014): $2.4M with participation from Northzone, Rikard Steiber, Mathias Ackermand, ALMI, Edastra Venture Capital, GP Bullhound, and Active Venture Partners
Series A (2015): $8M led by Industrifonden, GP Bullhound, Active Venture Partners, Recruit Strategic Partners, and Edastra Venture Capital
Private Equity (2017): $3.7M supported by FJ Labs, Industrifonden, Recruit Strategic Partners, Active Venture Partners, and Northzone
Series B (2018): $13.5M featuring B Capital Group
Other Financing Round (2021): $31M backed by B Capital Group, Adrigo Asset Management, Consensus Småbolagsfond, and SOFTBANK Korea Co.
Other Financing Round (2023): $6M with participation from Lucerne Capital Management and Industrifonden
Key Investors in Fishbrain
Industrifonden
Industrifonden is a Swedish venture capital fund that invests in unique, scalable innovations aimed at improving society through breakthrough technologies and science. The fund focuses on areas such as deep tech, life sciences, and transformative tech, partnering with passionate founders to bring their ideas to life.
GP Bullhound
GP Bullhound is a global investment firm that has been empowering innovative leaders since 1999, with over 180 employees across 13 offices worldwide. The company specializes in advisory services, capital transactions, and private equity, focusing on sectors such as software, digital media, and technology.
B Capital Group
B Capital is a venture capital firm that focuses on empowering entrepreneurs by investing in early and late-stage companies within the Technology, Healthcare, and Climate sectors. With over $8 billion in assets under management, B Capital aims to support founders throughout the company-building lifecycle.
What's next for Fishbrain?
With its latest major strategic investment, Fishbrain is poised for accelerated growth and innovation. The company's focus on enhancing its social networking features, expanding its user base, and potentially exploring new technological integrations, such as advanced fish tracking or environmental monitoring tools, is likely to be a priority. This strategic financing will enable Fishbrain to solidify its market leadership, further its mission of connecting anglers, and promote sustainable practices within the sport fishing community. The company's continued development suggests a move towards scaling its operations and potentially exploring new revenue streams within the lucrative outdoor recreation sector.
See full Fishbrain company page
