Workforce Scheduling Platform Raises $40M

Planday, the workforce scheduling platform, has closed its Round C fundraising of $40 million.

Planday will use the latest round of financing to expand growth across its key areas of focus in the U.S. region including restaurants, hotels, retail, security and care homes. In addition, the company plans to open an office in Los Angeles next month and plans to build out its sales force and support partnership opportunities.

Planday has developed a flexible scheduling platform that can be used by businesses managing shift workers to enable real-time, contextual communication between employees, managers and co-workers. The platform integrates seamlessly into payroll processes. Planday's customer base spans 39 countries.

The lead investor is Nordic financial services group, SEB Private Equity, with additional investment from investors in previous funding rounds, including Creandum and Idinvest.