Collaboration App | SaaS
Year of investment: 2021
About the company:

Favro is the planning and collaboration app for organizational flow. It is a tool that helps organizations evolve faster than the market reacts. That fosters adaptability, autonomy, and team alignment. It is simple enough to handle the most basic tasks and powerful enough to tackle the biggest challenges. For individuals, teams, leaders, and companies. Favro gets the job done. As you’d expect, it operates in the cloud, across every device, and on demand. Enterprise-grade compliant, military-grade secure, and gamer-grade fast. All of this makes Favro better than a source of truth. It forms the organizational memory of a business. Shows its present vital signs and its dreams for the future. So the brightest and the best can move on from management and do what they excel at - making products that change the game, and the rules. Fast.

Website: favro.com

Categories: Apps; Software; Collaboration; B2B; SaaS;

Founded: 2016

Founder(s):  Hans Dahlström, Erik Olofsson, Patric Palm

Location(s): Uppsala, Sweden (HQ),

Entry date: 2021

Entry-stage: Seed

Latest stage: Early

Latest round: Seed

Co-investors: Creandum, Scale Capital, Inbox Capital;

Exit: n/a


2021: Favro raises $4.3M in Seed funding to accelerate growth

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