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§ Private Profile · Uppsala, Uppsala Lan, Sweden
A planning and collaboration app providing a unified workspace for agile ways of working across teams and organizations.
Founded in 2016 by Hans Dahlström, Erik Olofsson, and Patric Palm, Favro is a SaaS company based in Uppsala, Sweden, that develops a centralized planning and collaboration application. By combining features from multiple tools into a unified workspace, the platform establishes a single source of truth that helps teams adapt to operational changes while maintaining execution speed. The software currently serves approximately 40,000 users across progressive industries requiring advanced agility, including the telecommunications, aerospace, defense, and video game development sectors. Operating with a workforce of 21 to 50 employees, the enterprise generates an estimated $1.9 million in annual revenue and has secured $322,000 in total funding to reach an estimated valuation of $6.1 million. The company's corporate governance and leadership team includes board director Daniel Blomquist and Vice President of People and Culture Kirsti Wennberg.
Favro has raised $4.3M across 1 funding round.
Favro has raised $4.3M in total across 1 funding round.
Favro has raised $4.3M in total across 1 funding round.
Favro's investors include Donatas Keras, Christopher Beselin, Creandum, Inbox Capital, Nordic-US, Lars Jensen.
Favro has raised $4.3M across 1 funding round. Most recently, it raised $4.3M Seed in December 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 16, 2021 | $4.3M Seed | Donatas Keras | Christopher Beselin, Creandum, Inbox Capital, Nordic US, Lars Jensen | Announced |