Favro
The most agile tool for distributed teams. For every team and any leader.
35 employees · est. 2016 · Uppsala, Sweden
HiBob
The people platform for the modern world of work.
2116 employees · est. 2015 · New York, United States
HiBob is the older company (2016 vs 2015); HiBob is the larger of the two.
Side-by-Side Comparison
| Metric | Favro | HiBob |
|---|---|---|
| Founded | ||
| Founded | 2016 | 2015 older |
| Headquarters | ||
| Headquarters | Uppsala, Sweden | New York, United States |
| Employees | ||
| Employees | 35 | 2116 larger |
| Industry | ||
| Industry | Analytics | Information Technology, SaaS, Human Resources |
| Funding Stage | ||
| Funding Stage | Seed | Series E |
| Total Funding | ||
| Total Funding | $4.60M | $715.00M |
| Funding Rounds | ||
| Funding Rounds | 2 | 9 |
| Services | ||
| Services | Collaborative Management Platform, Workflow Management, Project Management, Integration Services | Employee Self Service, Data & Analytics, Workflows & Automation, Payroll & Benefits Management, Talent Management, Workforce Planning & Compensation, AI Integration and Trust |
| Target Customers | ||
| Target Customers | Tech and Game Development Companies, Agile Professionals, Enterprise Businesses | Startups, Small and Medium Businesses (SMB), Mid-Market Companies, Enterprises, HR Managers, Finance Teams, Payroll Managers, IT Departments, Business Leaders, People Managers |
| Taxonomy | ||
| Taxonomy | Agile Project Management, Collaboration Software, Organizational Flow Optimization, Enterprise-grade Compliance, Cloud-based Productivity Tools, Team Alignment, Adaptability, Autonomy, Security Technologies, Organizational Memory, Product Development Acceleration | HR Technology, People Platform, Organizational Intelligence, Payroll Integration, Workforce Planning, Skill Gap Identification, Enterprise Solutions, Remote Work Solutions, Talent Management, Agile Workforce, HRIS (Human Resource Information System), AI-Powered Enterprise, Employee Engagement, Leadership Visibility, Workplace Collaboration |
| Website | ||
| Website | favro.com | hibob.com |
About Favro
Favro is a planning and collaboration app designed to enhance organizational flow. Since its establishment in 2016, the Swedish-based company has aimed to help organizations adapt swiftly, promoting autonomy and alignment within teams. Operating in the cloud across all devices, Favro is recognized f...
About HiBob
HiBob, founded in 2015, is reshaping how organizations manage their HR, payroll, and finance operations with its innovative platform, Bob. Positioned as "the people platform for the modern world of work," HiBob seamlessly integrates these functions to provide a comprehensive solution for operational...
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BounceWatch watches Favro and HiBob for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at Favro and HiBob — by email.
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Compiled from the BounceWatch company index. We last looked at Favro on 25 Mar 2025, and HiBob on 4 Sep 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.