Work management tools for agile project coordination

Favro work management tools are based on Agile principles and used by game developers and other organizations for cross-team development and project coordination.
Status
Active
Founded
2017
Hq
Sweden
INVESTMENT
2021
Vertical
Collaboration
theme
Future of Work

Why did we invest in Favro?

Favro is a raising star within team collaboration and Agile development. At the time of investment, the company had 25,000 users worldwide, with 30% of revenues in North America. In an otherwise crowded collaboration software market, Favro stood out as doing things differently, building a differentiated offering that solves real customer problems.

“It’s unusual to see a young SaaS startup reaching a level of product maturity to be able to satisfy the demanding needs of enterprise customers worldwide. Favro is already punching above its weight and by many considered a rising star in Europe. We see huge potential to take on competitors in the North American market.”

Lars Jensen
Partner @ Scale Capital

About Favro

Favro transforms any organization into an Agile business by empowering all kinds of teams to work autonomously, while also helping leaders align all work towards company’s key objectives.

With Favro teams in marketing, product development, operations, and their leaders and executive management, get a single place for planning, documentation, and collaboration. Favro supports multiple views on planning with Kanban flows, spreadsheet style, and work scheduled on a timeline.

It is a cloud service living up to enterprise-level demands on security and IT governance. Favro connects to the whole ecosystem of tools like Slack, Google Calendar, Microsoft OneDrive, GitHub, Jira, and much more.

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