About Famly
Famly is a company based in Copenhagen (Denmark) founded in 2013 by Henrik Moller Rasmussen and Anders Laustsen.. Famly has raised $24.5 million across 6 funding rounds from investors including Noa Wolfson, Susquehanna Growth Equity and Morten Primdahl. Famly has completed 1 acquisition, including FirstSteps. Famly offers products and services including Famly Platform, Learning Journals, Instant Messages, and In-App Payments. Famly operates in a competitive market with competitors including Brightwheel, Sdui, Procare Software, Hi Mama and Unifa, among others.
- Headquarter Copenhagen, Denmark
- Founders Henrik Moller Rasmussen, Anders Laustsen
- Stage Minicorn
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Sectors
ConsumerEducation
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24.5 M (USD)
in 6 rounds
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Latest Funding Round
$18 M (USD), Series A
Nov 19, 2021
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Investors
Susquehanna Growth Equity
& 8 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Famly
Famly offers a comprehensive portfolio of products and services, including Famly Platform, Learning Journals, Instant Messages, and In-App Payments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for educators to manage operations and communicate with families
Tool to document and share child progress observations
System for quick updates between educators and parents
Feature for easy invoicing and payment processing
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Funding Insights of Famly
Famly has successfully raised a total of $24.5M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $18 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $18.0M
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First Round
First Round
(10 Dec 2014)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series A - Famly | Valuation | Susquehanna Growth Equity | |
| Aug, 2020 | Amount | Seed - Famly | Valuation |
investors |
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| Nov, 2019 | Amount | Seed - Famly | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Famly
Famly has secured backing from 9 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Noa Wolfson, Susquehanna Growth Equity and Morten Primdahl. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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NW
Noa Wolfson |
Angel investor and advisor focused on Indian startups and technology innovation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Famly
Famly has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FirstSteps. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of nursery management software
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1994 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Famly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Famly Comparisons
Competitors of Famly
Famly operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brightwheel, Sdui, Procare Software, Hi Mama and Unifa, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform for preschool management and parent updates is offered.
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| domain | founded_year | HQ Location |
A communication platform is offered for parents, teachers, and students.
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| domain | founded_year | HQ Location |
Childcare management software is provided for preschools and daycares.
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| domain | founded_year | HQ Location |
Childcare management software for administrative tasks, payments, and parent communication.
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| domain | founded_year | HQ Location |
Childcare management software is delivered through an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Famly
Frequently Asked Questions about Famly
When was Famly founded?
Famly was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Famly located?
Famly is headquartered in Copenhagen, Denmark.
Who is the current CEO of Famly?
Anders Laustsen is the current CEO of Famly. They have also founded this company.
Is Famly a funded company?
Famly is a funded company, having raised a total of $24.5M across 6 funding rounds to date. The company's 1st funding round was a Seed of $863.91K, raised on Dec 10, 2014.
What does Famly do?
Founded in 2013 in Copenhagen, Denmark, Famly operates as a cloud-based platform in the early childhood education sector. Services are provided to connect kindergartens with families through a communication app. Daily activities are monitored by parents, interactions with teachers are enabled, and updates are shared. Features include text and photo sharing, calendar events, data backups, parent messaging, and encrypted storage for child-related information.
Who are the top competitors of Famly?
Famly's top competitors include Brightwheel, Sdui and Procare Software.
What products or services does Famly offer?
Famly offers Famly Platform, Learning Journals, Instant Messages, and In-App Payments.
How many acquisitions has Famly made?
Famly has made 1 acquisition, including FirstSteps.
Who are Famly's investors?
Famly has 9 investors. Key investors include Noa Wolfson, Susquehanna Growth Equity, Morten Primdahl, Alexander Aghassipour, and Christian Birk.
What is Famly's valuation?
The valuation of Famly is $19.66M as of Aug 2020.
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