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Understory

Understory

Private
AarhusEnergy & Sustainabilityhttps://understory.io/

Last Round

Series A

Sep 8, 2025

Total Funding Raised

$18.6M

Company Overview

Understory is a business software company that provides an all-in-one experience management platform for tour operators, class instructors, and activity providers to manage bookings, payments, and marketing.

Sector

Energy & Sustainability

Verticals

ESG Analytics, Compliance & Risk, Data Governance, Vertical SaaS

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

ESG managementESG reportingsustainability softwareESGvertical SaaSsustainability reportingESG complianceESG databooking softwareexperience managementESG techcompliance softwareusage-based billingdata governanceESG platform

Historical Pricing

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Caplight Momentum Score

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Understory Comparables

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Understory comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Sweep
81%
Persefoni
79%
AMCS
78%

Understory Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series ASep 8, 2025
SeedFeb 9, 2024
Pre SeedFeb 3, 2023

Understory Investors

Notable investors and investment history

Understory investors
InvestorRounds
People VenturesSeries A
sequelSeries A
Firstminute CapitalSeries A, Seed
FoundermentPre Seed
Smedvig VenturesSeries A
SEED CapitalSeries A, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 9, 2024

    $4M round led by Firstminute Capital and SEED Capital.

Understory Filings

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Understory filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Understory's valuation, stock price, and market status.

Is Understory a public or private company?

Understory is a private company.

What is the current stock price of Understory?

Understory is a private company with no public stock price. No recent secondary market data is available.

How much is Understory worth (valuation)?

Valuation information for Understory is not publicly available.

Can I buy Understory stock?

Understory shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Understory's last funding round?

Understory's most recent funding round was Series A on September 8, 2025.

Who are the main investors in Understory?

Key investors in Understory include Firstminute Capital, Founderment, Smedvig Ventures, SEED Capital.

Will Understory IPO soon?

No public IPO plans have been announced for Understory.

How can I track Understory secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Understory's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersAarhus
Employee Range1
Year Founded2023
Last FundingSep 8, 2025

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