Tech Company Financing Transactions
Planday Funding Round
Planday, operating out of Brooklyn, raised $40.9 million in investment from SEB Private Equity, Creandum and IDinvest Partners.
Transaction Overview
Company Name
Announced On
8/29/2018
Transaction Type
Venture Equity
Amount
$40,900,020
Round
Series C
Investors
Proceeds Purpose
The Danish startup plans to use the additional investment to further develop the cloud-based software and to expand into new markets across Europe and North America.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
240 Kent Ave. K3/A1
Brooklyn, NY 11249
USA
Brooklyn, NY 11249
USA
Phone
Website
Email Address
Overview
Planday bring down staff costs by 5%, reduce administration time by 75% and increase employee satisfaction by 20%.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 8/29/2018: Salary Finance venture capital transaction
Next: 8/29/2018: Very Good Security venture capital transaction
Share this article
Where The Data Comes From
We do our best to record tech company VC transactions. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs