Planet - About the company
Planet is a public company based in San Francisco (United States), founded in 2010 by , and . It operates as a Provider of cloud-based satellite imagery data and analytics solutions. Planet has raised $484M in funding from investors like IFC, DFJ and DCVC. The company has 287 active competitors, including 58 funded and 28 that have exited. Its top competitors include companies like Spire, Esri and Capella Space.
Sectors and market segments that Planet operate in
Planet serves in the B2B, SaaS space in the High Tech, Aerospace, Maritime and Defense Tech market segments.The primary business model of Planet are:Company Details
Provider of cloud-based satellite imagery data and analytics solutions. It provides users with an open-source analytics software for earth surveillance and operates a network of imaging satellites that monitor fluctuations in the ground and forecastÌýtrends. It offers geospatial insights, datasets, real-time imagery, and big data. It has tools for terrain variable changes, sensors for automated recording of transformations on earths surface, enables consumers to store, analyze, and share metadata, and more.
- Website
- Social
- Email ID
- @planet.com
- Part Of
- aretewealth.com
Key Metrics
Founded Year
2010
Location
San Francisco, United States
Stage
Public
Total Funding
in 10 rounds
Latest Funding Round
Investors
Ranked
1st among 287 active competitors
Employee Count
as on Jan 31, 2024
Investment & Acquisitions
Similar Companies
Spire &
Exit Details
Public
Legal entities associated with Planet
Planet is associated with 2 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Sep 01, 2018 | - | 436 | 889 | |
Dec 31, 1999 | - | 861 | 355 |
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Planet's funding and investors
Planet has raised a total funding of $484M over 10 rounds. Its first funding round was on Dec 23, 2011. Its latest funding round was a Grant (prize money) round on Jan 01, 2021 for $817K. 1 investor participated in its latest round, which include CPP Investments, Western Technology Investment, Industry Ventures and EDBI.
Planet has 49 institutional investors including IFC, DFJ and DCVC. There are 2 Angel Investors in Planet.
Here is the list of recent funding rounds of Planet:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jan 01, 2021 | $817K | Grant (prize money) | - | - | |
Jul 17, 2019 | Undisclosed | Series D | - | - | |
Feb 20, 2019 | $168M | Series D | - | - | - |
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Planet's founders and board of directors
The founders of Planet are , and . is the CEO of Planet.
View details of Planet's Founder profiles and Board Members
Planet's employee count trend
Planet has 1,180 employees as of Jan 24. The total employee count is 7.3% more than what it was in Jan 23. Here is Planet's employee count trend over the years:
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Top competitors of Planet include Spire, Esri and Capella Space. Here is the list of Top 10 competitors of Planet, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st |  2010, San Francisco (United States), Public | Provider of cloud-based satellite imagery data and analytics solutions | $484M | CPP Investments, Western Technology InvestmentÌý&²¹³¾±è;Ìý | 78/100 |
2nd | Spire 2012, San Francisco (United States), Public | Developer of cloud, AI, and satellite-based data and analytics solutions | $246M | Bessemer Venture Partners, Industry VenturesÌý&²¹³¾±è;Ìý | 80/100 |
3rd |  Esri 1969, Redlands (United States), Funding Raised | Cloud based spatial analysis and location mapping software | - | , CivstartÌý&²¹³¾±è;Ìý | 76/100 |
4th | Capella Space 2016, Palo Alto (United States), Series C | Provider of satellite-based imaging solutions | $234M | 73/100 | |
5th | Descartes Labs 2014, Santa Fe (United States), Acquired | Provider of Earth satellite imagery solutions | $58.4M | DCVC, Crosslink CapitalÌý&²¹³¾±è;Ìý | 72/100 |
6th | Developer of AI and microsatellite-based imaging and data monitoring solutions | $500M | 72/100 | ||
7th | DigitalGlobe 1992, Westminster (United States), Acquired | Provider of satellite imaging services using proprietary satellite constellation | $383M | 68/100 | |
8th | Platform offering hyperspectral imaging satellite data | $95.7M | 68/100 | ||
9th | Muon Space 2021, Menlo Park (United States), Series B | Developer of an AI-based satellite imaging platform | $91.7M | ACME, Activate CapitalÌý&²¹³¾±è;Ìý | 67/100 |
10th | Synspective 2018, Koto City (Japan), Public | Provider of cloud and AI-based satellite imaging data | $224M | Nomura, SBI InvestmentÌý&²¹³¾±è;Ìý | 66/100 |
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Planet's Investments and acquisitions
Planet has not made any investments yet. Planet has made 6 acquisitions. Here is the list of latest three acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 30, 2023 | Acquisition | 2008 | Ljubljana, | |
Jan 09, 2023 | Acquisition | - | ||
Nov 10, 2021 | Acquisition | - |
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Reports related to Planet
Here is the latest report on Planet's sector:
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News related to Planet
Media has covered Planet for a total of 64 events in the last 1 year, 37 of them have been about company updates and 12 about partnerships.
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Business Wire•Apr 03, 2025•Planet,
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PR Newswire•Apr 03, 2025•, Planet
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Business Wire•Mar 24, 2025•Planet
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Business Wire•Mar 21, 2025•Planet
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Business Wire•Mar 21, 2025•Planet
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Business Wire•Mar 21, 2025•Planet, ,
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PR Newswire•Mar 21, 2025•, Planet
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Planet
When was Planet founded?
Planet was founded in 2010.Where is Planet located?
Planet is located in San Francisco, United States.When was the latest funding round of Planet?
Planet's latest funding round was on Jan 01, 2021.What is the annual revenue of Planet?
Annual revenue of Planet is undefined as on undefined.Is Planet a Computer Vision company?
The primary sectors of Planet are Computer Vision, Data as a Service, Geographic Information Systems and NewSpace.Our Lite Plan Awaits you - Its Free!
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