About ftrack
ftrack is a company based in Stockholm (Sweden) founded in 2012 was acquired by Backlight in April 2022.. ftrack has raised $3.5 million across 1 funding round from investors including Backlight and Alfvén & Didrikson. ftrack has completed 1 acquisition, including Cospective. ftrack operates in a competitive market with competitors including Notion, Smartsheet, Clickup, monday.com and Airtable, among others.
- Headquarter Stockholm, Sweden
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Sectors
TechnologyMedia & Entertainment
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Email
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Phone
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Website
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Social
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Funding Insights of ftrack
ftrack has successfully raised a total of $3.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.5 million completed in September 2018. 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 1
- Last Round Series A — $3.5M
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First Round
First Round
(11 Sep 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2018 | Amount | Series A - ftrack | Valuation | Alfvén & Didrikson |
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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 ftrack
ftrack has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Backlight and Alfvén & Didrikson. 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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Early & mid-stage life sciences and tech focused VC firm investing primarily in Sweden
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Founded Year | Domain | Location | |
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SaaS-based production management solutions are provided by Backlight.
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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 ftrack
ftrack has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cospective. 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.
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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 |
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Visual communication tools for synchronized creative project reviews are developed.
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1999 |
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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 - ftrack
| 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 |
Ftrack Comparisons
Competitors of ftrack
ftrack 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 Notion, Smartsheet, Clickup, monday.com and Airtable, 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 |
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| domain | founded_year | HQ Location |
Diversified smart home products including hubs and sensors are provided.
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| domain | founded_year | HQ Location |
Cloud based suite solutions for enterprise project management
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| domain | founded_year | HQ Location |
Cloud based project management platform
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| domain | founded_year | HQ Location |
Cloud-based platform for project management and team tracking is offered.
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| domain | founded_year | HQ Location |
Cloud and AI based low code workflow and app development platform
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| domain | founded_year | HQ Location |
Cloud-based project management software is offered for teams.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Ftrack
Frequently Asked Questions about ftrack
When was ftrack founded?
ftrack was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Where is ftrack located?
ftrack is headquartered in Stockholm, Sweden.
Is ftrack a funded company?
ftrack is a funded company, having raised a total of $3.5M across 1 funding round to date. The company's 1st funding round was a Series A of $3.5M, raised on Sep 11, 2018.
What does ftrack do?
Ftrack was established in 2012 in Stockholm, Sweden, as a cloud-based platform for project management in the VFX, games, and design sectors. Production tracking, digital asset management, and team collaboration are supported through features for project setup, task allocation, progress monitoring, video reviews, and note-taking. Users from companies such as Ubisoft, MPC, CINE SITE, and Blue Zoo are served, with pricing structured by user count.
Who are the top competitors of ftrack?
ftrack's top competitors include monday.com, Smartsheet and Clickup.
How many acquisitions has ftrack made?
ftrack has made 1 acquisition, including Cospective.
Who are ftrack's investors?
ftrack has 2 investors. Key investors include Backlight, and Alfvén & Didrikson.
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