Dane Planday raises $ 14 million, notably from Idinvest
The Danish start-up Planday, which publishes team management software, has just raised $ 14.1 million (12.4 million euros) in series B from the French venture capital firm Idinvest Partners, its historic investor Creandum, and from SEB Private Equity and Angel Investor Arthur Kosten.
Founded in 2013 and based in Copenhagen, Planday is developing a workforce management platform for companies where working hours may vary (restaurants, bars, hotels, etc.). The service makes it possible to create schedules for employees available on the Web and mobile, to communicate with employees, or to manage absences and vacations.
“With all communications handled via smartphones and computers, we now have a unique opportunity to bring together employees and managers on a much more collaborative level than ever before,” explains Christian Broendum, CEO, in a ticket blog. “This gives everyone within an organization more freedom to plan their day, while strengthening the interaction between hourly paid employees and their workplaces.”
The company is remunerated by marketing its offer as a service, with a monthly subscription for each user. With this model, the company claims to already have more than 100,000 users in 24 countries around the world.
The objectives of the Start-up
With this new investment, Planday wants to strengthen its international development, in particular in the United States and in Europe. The company also announces that it wants to forge partnerships in order to integrate its solution with other software used by HRDs.
CEO: Christian Broendum
The head office : Copenhagen, Denmark
Funding: € 14.1 million raised in March 2016
Competitors: When I Work, Bizimply …