What is Fishbrain?
Fishbrain operates as the world's largest social network and mobile application dedicated to sport fishing. Founded in 2012, the platform connects anglers globally, facilitating the tracking of various fish species and the sharing of fishing experiences. The company emphasizes responsible angling practices, promoting catch-and-release and sustainable harvesting. Its mission is to make fishing dreams a reality through technology and community engagement, positioning itself as a key innovator in the outdoor recreation technology space.
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 Mathias Ackermand, Edastra Venture Capital, Northzone, ALMI, Active Venture Partners, GP Bullhound, and Rikard Steiber
Series A (2015): $8M led by Industrifonden, GP Bullhound, Recruit Strategic Partners, Edastra Venture Capital, and Active Venture Partners
Private Equity (2017): $3.7M supported by Industrifonden, Recruit Strategic Partners, FJ Labs, Active Venture Partners, and Northzone
Series B (2018): $13.5M featuring B Capital Group
Other Financing Round (2021): $31M backed by SOFTBANK Korea Co., Consensus Småbolagsfond, Adrigo Asset Management, and B Capital Group
Other Financing Round (2023): $6M with participation from Lucerne Capital Management and Industrifonden
Key Investors in Fishbrain
B Capital Group
B Capital Group is a venture capital firm focused on empowering entrepreneurs by investing in early and late-stage companies within Technology, Healthcare, and Climate sectors. They support founders throughout the company-building lifecycle with a global presence.
Industrifonden
Industrifonden is a Swedish venture capital fund that invests in unique, scalable innovations aimed at improving society through breakthrough technologies and science, focusing on deep tech, life sciences, and transformative tech.
Northzone
Northzone is a multi-stage venture capital fund with over $1.7 billion under management, investing in category-defining businesses across various technology cycles since 1996.
What's next for Fishbrain?
The recent major strategic investment suggests Fishbrain is poised for further expansion and innovation. Given its 'major enterprise-level funding' context, the company is likely focusing on scaling its user base, enhancing its technological infrastructure, and potentially exploring new market opportunities or service offerings. Strategic partnerships and continued product development will be crucial for maintaining its leadership in the competitive digital angling market. The company's sustained access to capital indicates strong investor confidence in its business model and future prospects.
See full Fishbrain company page
