Creandum and Idinvest lead $14m series-B for Planday

The round also saw participation from SEB Private Equity and Booking.com founder Arthur Kosten, and brings the total amount of VC funding raised by Planday to nearly $18m, following its $3.75m series-A in 2014.

Planday's latest funding round will be used to finance further US expansion and consolidate in the European market. Additionally, the money will help the company develop integrations with other enterprise software, such as payroll services.

Previous funding
Planday's series-A in May 2014 was led by Creandum.

In 2015, Just-Eat founder Klaus Nyengaard joined as a co-investor, injecting an undisclosed amount into the business.

Company
Headquartered in Copenhagen, Planday is a workforce management startup providing staff scheduling on a software-as-a-service platform available on mobile and non-mobile devices.

Founded in 2013, the company employs a staff of 80 across five offices.

People

Idinvest – Guillaume Durao (investment director).

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• Topics
• Expansion
• Nordics
• Technology
• Denmark
• Venture
• Creandum
• IDInvest Partners (AGF Private Equity)