What is Planday?
Established in 2004, Planday provides a sophisticated yet intuitive online employee scheduling software designed to optimize labor costs and improve operational efficiency. The platform serves as a critical digital infrastructure for businesses that manage shift-based workforces, offering real-time visibility into staffing requirements and payroll integration. By automating administrative burdens, Planday enables managers to focus on core business objectives, positioning itself as a leader in the HR-tech and workforce optimization sector. Its market position is defined by its deep integration into the daily operations of diverse industries, ranging from hospitality to retail, where precise scheduling is a primary driver of profitability.
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 Creandum, Idinvest Partners, and Arthur Kosten
Series C (2018): $40M supported by Idinvest Partners, SEB Private Equity, Creandum, and Nordic financial services group
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, and Klarna. The firm provides strategic guidance and capital to high-growth tech ventures from its offices in Stockholm, Berlin, and San Francisco.
Idinvest Partners
Idinvest Partners is a prominent mid-market private equity firm founded in 1997, specializing in financing and supporting entrepreneurs throughout various stages of business development. Headquartered in Paris, they provide essential growth capital to innovative European enterprises.
SEB Private Equity
SEB Private Equity is the investment arm of the Swedish financial services group Skandinaviska Enskilda Banken. They provide comprehensive banking solutions, including asset management and strategic investment banking services across the Nordic region.
What's next for Planday?
Following this major strategic investment, Planday is well-positioned to accelerate its product roadmap and expand its footprint in the enterprise SaaS market. The company is expected to leverage this capital to enhance its predictive analytics capabilities, allowing for more data-driven labor forecasting. Furthermore, the infusion of resources will likely support aggressive international expansion and the integration of advanced compliance features, ensuring that Planday remains the preferred choice for large-scale organizations navigating complex labor regulations. As the demand for flexible, cloud-based workforce management tools continues to rise, Planday's focus on scalability and user-centric design will be pivotal in maintaining its competitive edge.
See full Planday company page
