Favro provides a team-level collaborative planning platform with drag-and-drop informational cards that can exist in multiple team areas and update across all cards when edited by multiple team members. The product includes automations and a decentralized approach designed to support remote and hybrid work, business agility, and productivity for distributed teams. Favro targets enterprises and is used across product development, marketing, operations, HR and more, with customers including Wolt, Unity, and Volvo Car Mobility. Customers pay a subscription fee per user and receive access to Favro Academy and Agile management experts. Today, 30% of Favro revenues come from North America and 55% from EMEA. Favro was founded in 2016 and is headquartered in Uppsala, Sweden, operating as a remote-first team distributed across Sweden, Lithuania, Vietnam, Ukraine, and the U.S.; it has been named a Gartner Cool Vendor and was included in Gartner’s Enterprise Agile Planning research.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2021