What is Fishbrain?
Fishbrain operates as the world's largest social network and mobile utility platform dedicated to sport fishing. By integrating real-time data, species identification, and community-driven insights, the company has effectively digitized the traditional angling experience. The platform distinguishes itself through a commitment to sustainable fishing practices, actively promoting catch-and-release protocols and responsible harvesting. Positioned at the intersection of social media and outdoor technology, Fishbrain leverages network effects to maintain high user engagement, providing a unique value proposition that connects millions of anglers globally while fostering a culture of environmental stewardship.
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 ALMI, Active Venture Partners, Edastra Venture Capital, Rikard Steiber, Northzone, GP Bullhound, and Mathias Ackermand
Series A (2015): $8M led by Recruit Strategic Partners, Active Venture Partners, Edastra Venture Capital, GP Bullhound, and Industrifonden
Private Equity (2017): $3.7M supported by Active Venture Partners, Industrifonden, Recruit Strategic Partners, FJ Labs, and Northzone
Series B (2018): $13.5M featuring B Capital Group
Other Financing Round (2021): $31M backed by B Capital Group, SOFTBANK Korea Co., Adrigo Asset Management, and Consensus Småbolagsfond
Other Financing Round (2023): $6M with participation from Industrifonden and Lucerne Capital Management
Key Investors in Fishbrain
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.
Northzone
Northzone is a multi-stage venture capital fund built on experience spanning multiple economic and disruptive technology cycles with over 1.7 billion dollars under management.
Industrifonden
Industrifonden is a Swedish venture capital fund that invests in unique, scalable innovations aimed at improving society through breakthrough technologies and science.
What's next for Fishbrain?
Following this major strategic investment, Fishbrain is well-positioned to accelerate its product development roadmap and expand its footprint in key international markets. The company's lifecycle stage, characterized by mature enterprise-level operations, suggests a focus on deepening its data analytics capabilities and enhancing monetization strategies within its existing user base. Future growth will likely center on integrating advanced predictive modeling for fishing conditions and expanding its subscription-based service offerings. By maintaining its focus on community-led growth and sustainable practices, Fishbrain is poised to further entrench its dominance in the recreational fishing technology vertical, potentially exploring new avenues for cross-industry partnerships and digital marketplace expansion.
See full Fishbrain company page
