How Much Did Planday Raise?
Funding & Key Investors

Planday, a prominent player in the workforce management software sector, has successfully secured a total of $57.8M in capital to date. This trajectory of financial backing, punctuated by a recent $40M strategic investment, underscores the company's robust growth and its increasing influence within the European enterprise technology landscape. By consistently attracting high-caliber institutional support, Planday has solidified its position as a critical infrastructure provider for businesses seeking to optimize complex scheduling and operational workflows.

What is Planday?

Planday
SoftwareHuman Resources Software

Headquartered in Copenhagen, Denmark, Planday provides a powerful but easy-to-use online employee scheduling software. Since its inception in 2004, the company has evolved from a niche scheduling tool into a comprehensive workforce management platform. Planday serves as a vital digital bridge between management and staff, enabling organizations to streamline shift planning, communication, and payroll integration. Its market position is defined by a focus on user-centric design, which has allowed it to scale effectively across diverse industries, including hospitality, retail, and healthcare, where shift-based labor management is a primary operational challenge.

How much funding has Planday raised?

Planday has raised a total of $57.8M across 3 funding rounds:

2014

Series A

$3.8M

2016

Series B

$14M

2018

Series C

$40M

Series A (2014): $3.8M with participation from Creandum

Series B (2016): $14M led by Creandum, Arthur Kosten, and Idinvest Partners

Series C (2018): $40M supported by Nordic financial services group, Idinvest Partners, Creandum, and SEB Private Equity

Key Investors in Planday

Creandum

Creandum is a leading European venture capital firm, supporting some of the most successful European technology companies such as Spotify, iZettle, Trade Republic, Pleo, Depop, Klarna, KRY, Epidemic Sound and Small Giant Games. The Creandum funds are based in Guernsey and Sweden and are advised by advisory entities in Stockholm, Berlin, and San Francisco.

Idinvest Partners

Idinvest Partners finances and supports entrepreneurs at different stages of their business development. The company is a mid-market private equity company. Idinvest was founded in 1997 and is headquartered in Paris, France.

SEB Private Equity

SEB (Skandinaviska Enskilda Banken) is a Swedish financial services group providing banking solutions, including investment banking and asset management, across the Nordic region.

What's next for Planday?

With the infusion of capital from its latest funding round, Planday is well-positioned to accelerate its product development roadmap and expand its footprint in international markets. The company's strategic focus will likely center on enhancing its automated scheduling algorithms and deepening its integration capabilities with broader enterprise resource planning systems. As the demand for flexible, data-driven workforce management solutions continues to rise, Planday is poised to leverage its established market presence to capture further share in the competitive SaaS ecosystem. The ongoing support from its investor base provides the necessary liquidity to pursue both organic growth and potential strategic partnerships, ensuring the company remains at the forefront of digital transformation in human capital management.

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Frequently Asked Questions Regarding Planday Financial Insights

What are the most recent funding rounds that Planday has completed, and what were the funding rounds?
Planday has recently completed 3 funding rounds: Series C on Aug 30, 2018, Series B on Mar 31, 2016, Series A on May 5, 2014.
What is the total amount of funding Planday has raised to date?
Planday has raised a total of $57.8M in funding to date.
How many funding rounds has Planday completed?
Planday has completed 3 funding rounds.
How much funding did Planday raise in its most recent funding round?
Planday raised $40M in its most recent funding round.
Who are the lead investors in Planday's latest funding round?
The lead investor in Planday's latest funding round was Nordic financial services group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Planday's history?
The largest funding round in Planday's history was $40M.
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