What is Planday?
Headquartered in Copenhagen, Denmark, Planday was established in 2004 and offers a robust yet user-friendly online employee scheduling software. The platform is designed to streamline workforce management for businesses, enabling efficient staff planning and communication. Planday's focus on enterprise-level solutions positions it as a key player in the competitive HR technology sector, aiming to optimize operational efficiency for its clients.
How much funding has Planday raised?
Planday has raised a total of $57.8M across 3 funding rounds:
Series A
$3.8M
Series B
$14M
Series C
$40M
Series A (2014): $3.8M with participation from Creandum
Series B (2016): $14M led by Idinvest Partners, Arthur Kosten, and Creandum
Series C (2018): $40M supported by Idinvest Partners, SEB Private Equity, Creandum, and Nordic financial services group
Key Investors in Planday
Idinvest Partners
Idinvest Partners is a mid-market private equity firm founded in 1997, specializing in financing and supporting entrepreneurs across various business development stages. The firm is headquartered in Paris, France.
Creandum
Creandum is a prominent European venture capital firm known for backing successful technology companies like Spotify and Klarna. Its funds are based in Guernsey and Sweden, with advisory entities in Stockholm, Berlin, and San Francisco.
SEB Private Equity
SEB Private Equity is part of Skandinaviska Enskilda Banken (SEB), a Swedish financial services group offering comprehensive banking solutions, including investment banking and asset management, primarily within the Nordic region.
What's next for Planday?
The recent major strategic investment suggests Planday is poised for accelerated expansion and product development. This capital infusion is likely to fuel further enhancements to its scheduling software, potentially including advanced analytics, AI-driven forecasting, and deeper integrations with other business systems. Planday's enterprise-level funding context indicates a strategic push to capture larger market share and solidify its position as a leader in workforce management solutions.
See full Planday company page
