• Fishbrain

  Led · Equity · Aug 2023

  Fishbrain is a Stockholm-based sports fishing app that connects anglers in an online community. Users share their catches in social-media-styled posts and use the app to discover prime fishing spots. The company raised $6 million in its latest funding round. Fishbrain says the funds will be used to enhance its technology platform and accelerate market penetration. Investors framed the investment as a way to solidify Fishbrain’s position as a go-to destination for anglers and to capture long-term potential in the outdoor lifestyle space. Lucerne Capital said the investment will help the company accelerate its ambitions and further solidify its position as the world’s leading fishing app. Fishbrain is a Stockholm-based sport fishing mobile app, social network and digital marketplace led by CEO and co-founder Johan Attby. The app provides tools and insights for anglers, including an interactive map that shows catches, bait and locations, Fish Species Recognition, marine mapping from C-MAP, forecasts and bait recommendations. Fishbrain operates an in-app and on-web marketplace, Fishbrain Shop, offering gear from over 300 brands. The company has nearly 12 million registered users across the globe. Fishbrain plans to use new funding to continue scaling its user base and to solidify its position in Sweden and Norway while strengthening engineering, product, marketing and sales at its Stockholm HQ and product hub. It also plans hiring in the US and throughout Europe. Fishbrain operates a vertical social network and data-driven mobile app for anglers, offering an interactive map, Fish Species Recognition (computer vision), fishing forecasts, and bait recommendations. The app aggregates over 3.7 million logged catches and claims a membership of more than 5 million anglers. It is available free on iOS and Android with a premium tier starting at $5.99/month that unlocks AI-powered Forecasts and additional features. Fishbrain plans to use the new funding to double headcount from 30 to 60 this year, accelerate user growth, and further build out its platform. The company emphasizes environmental sustainability and advocates catch-and-release practices. To date the startup has raised a total of $28 million. Fishbrain is a mobile app and social network for sport fishing that offers anglers forecasts based on real-catch data and tools to track species and catches. The app lets users share experiences, find new fishing spots, see what others are catching, and discover what bait is being used where. Fishbrain reports three million global users and its app is available on the App Store and Google Play. The company is led by CEO Johan Attby and is headquartered in Stockholm, Sweden. In conjunction with the fundraising the company added Mattias Miksche to its board. Overall investments in the company total nearly $15m. Fishbrain operates a mobile app and social network for anglers, enabling users to record fishing trips, share catches and access aggregated weather, sighting and hotspot information. The service offers a Premium tier that provides data analytics to help users improve performance. The company reports more than one million users in the United States. Fishbrain is headquartered in Stockholm, Sweden. The startup plans to use new funding to increase its presence in North America, open a U.S. office and expand into Japan. The article does not disclose revenue or other financial metrics beyond user counts and fundraising.

No current team members are available.