About Planday
Planday is a company based in Copenhagen (Denmark) founded in 2004 was acquired by Xero in March 2021.. Planday has raised $59.76 million across 6 funding rounds from investors including Xero, Nordea and SEB. Planday offers products and services including Shift Planning Software, Punch Clock, and Communication Platform. Planday operates in a competitive market with competitors including 7shifts, Skedulo, Shiftboard, Agendrix and Shyftplan, among others.
- Headquarter Copenhagen, Denmark
- Stage Minicorn
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Sectors
Technology
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Phone
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Website
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Social
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Products & Services of Planday
Planday offers a comprehensive portfolio of products and services, including Shift Planning Software, Punch Clock, and Communication Platform. 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 creating and managing employee schedules efficiently
App feature for staff to clock in and out remotely
System for shift swaps and team interactions
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Software Development Team
21 people
Leadership Team
17 people
Sales and Marketing
12 people
Product Management Team
12 people
Customer Team
10 people
Senior Team
9 people
Creative and Marketing Team
5 people
Data Analysis and Operations Team
3 people
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Funding Insights of Planday
Planday has successfully raised a total of $59.76M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $40.9 million completed in August 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 6
- Last Round Series C — $40.9M
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First Round
First Round
(04 Jun 2008)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Series C - Planday | Valuation | SEB | |
| Mar, 2016 | Amount | Series B - Planday | Valuation | Idinvest Partners | |
| Jun, 2015 | Amount | Angel Round - Planday | Valuation | Klaus Nyengaard |
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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 Planday
Planday has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Xero, Nordea and SEB. 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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Equity investments are provided to low and middle market companies.
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Founded Year | Domain | Location | |
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Venture capital investments and support services are offered to early-stage tech startups.
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Founded Year | Domain | Location | |
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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 Planday
| 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 |
Financial Statements - Planday
| 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 |
Planday Comparisons
Competitors of Planday
Planday 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 7shifts, Skedulo, Shiftboard, Agendrix and Shyftplan, 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 |
Online employee scheduling software for restaurants is provided.
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Field workforce scheduling and mobile tracking software is offered.
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| domain | founded_year | HQ Location |
Cloud-based software for workforce shift scheduling is utilized.
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| domain | founded_year | HQ Location |
Cloud-based software for employee scheduling is provided.
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| domain | founded_year | HQ Location |
Shift-planning and payroll software is offered for SMEs via SaaS.
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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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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 Planday
Frequently Asked Questions about Planday
When was Planday founded?
Planday was founded in 2004 and raised its 1st funding round 4 years after it was founded.
Where is Planday located?
Planday is headquartered in Copenhagen, Denmark.
Is Planday a funded company?
Planday is a funded company, having raised a total of $59.76M across 6 funding rounds to date.
What does Planday do?
Planday was founded in 2004 in Copenhagen, Denmark, as a provider of workforce scheduling and HR software. Staffing requirements, employee management, work-hour regulations, and labor costs are automated via web and mobile applications. Work schedules are optimized for businesses, while communication is facilitated among managers, employees, and colleagues. The platform is utilized by companies of varying sizes across industries including restaurants, hotels, retail, call centers, and fitness clubs.
Who are the top competitors of Planday?
Planday's top competitors include Shiftboard, 7shifts and Agendrix.
What products or services does Planday offer?
Planday offers Shift Planning Software, Punch Clock, and Communication Platform.
Who are Planday's investors?
Planday has 9 investors. Key investors include Xero, Nordea, SEB, Idinvest Partners, and Creandum.
What is Planday's valuation?
The valuation of Planday is $144.01M as of Aug 2018.
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