Palantir, the big data analytics company, completed it its Direct Listing in September 2020. The company set a reference price of $7.25 and ultimately opened trading at $10 per share, implying a market capitalization of $21 billion.
Founded in 2006, Palantir raised nearly $3.3 billion during its time as a private company from Venture Capital investors including Sompo Japan Nipponkoa, Harbor Pacific Capital, In-Q-Tel, Founders Fund, Glynn Capital, Sutter Rock Capital, Tiger Global Management, Akkadian Ventures, Fidelity, Morgan Stanley, G Squared, Hercules Capital, BlackRock, and Troy Capital. Per company press releases, Palantir’s last private funding round was in June 2020, when it raised $500 million at an undisclosed post-money valuation.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/08/2016 | Series K | $900.88MM | $xx.xx | $20.04B | TJNS Capital, Nima Capital, Dover Madison Capital Management, MD Pham, Aeon Funds, FJ Labs, Morgan Stanley, IT Ventures, SharesPost, Oceanic Partners, Prometheus Capital | |
Price per Share
$xx.xx
Shares Outstanding
79,163,765
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TJNS Capital, Nima Capital, Dover Madison Capital Management, MD Pham, Aeon Funds, FJ Labs, Morgan Stanley, IT Ventures, SharesPost, Oceanic Partners, Prometheus Capital
|
||||||
01/16/2015 | Series J | $196.08MM | $xx.xx | $15B | RRE Ventures | |
Price per Share
$xx.xx
Shares Outstanding
22,055,682
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
RRE Ventures
|
||||||
12/10/2013 | Series I | $401.45MM | $xx.xx | $9B | BlackRock, MicroVenture Marketplace, GSV Ventures, Hercules Capital, Third Point Ventures, Mithril Capital Management | |
Price per Share
$xx.xx
Shares Outstanding
65,489,400
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
BlackRock, MicroVenture Marketplace, GSV Ventures, Hercules Capital, Third Point Ventures, Mithril Capital Management
|
||||||
09/27/2013 | Series H-1 | $100.88MM | $xx.xx | $5.08B | Broad Beach Ventures | |
Price per Share
$xx.xx
Shares Outstanding
28,739,446
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Broad Beach Ventures
|
||||||
09/27/2013 | Series H | $7.08MM | $xx.xx | $5.08B | Broad Beach Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,015,798
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Broad Beach Ventures
|
||||||
05/16/2012 | Series G | $121.31MM | $xx.xx | $4.19B | Morgan Stanley, Sozo Ventures, 137 Ventures, Granite Hill Capital Partners, Lauder Partners, The Lucas Venture Group, GSV Capital, Transamerica Group | |
Price per Share
$xx.xx
Shares Outstanding
39,644,526
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Morgan Stanley, Sozo Ventures, 137 Ventures, Granite Hill Capital Partners, Lauder Partners, The Lucas Venture Group, GSV Capital, Transamerica Group
|
||||||
08/23/2011 | Series F | $68.68MM | $xx.xx | $2.5B | Western Technology Investment, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
34,686,278
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Western Technology Investment, Tiger Global Management
|
||||||
05/05/2011 | Series E | $162MM | $xx.xx | $1.63B | Undislosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
117,886,772
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undislosed Investors
|
||||||
06/25/2010 | Series D | $97.07MM | $xx.xx | $735MM | Founders Fund, Glynn Capital Management, Ulu Ventures, Youniversity Ventures | |
Price per Share
$xx.xx
Shares Outstanding
121,337,903
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund, Glynn Capital Management, Ulu Ventures, Youniversity Ventures
|
||||||
02/28/2008 | Series C | $40.33MM | $xx.xx | $385.68MM | In-Q-Tel | |
Price per Share
$xx.xx
Shares Outstanding
70,008,785
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
In-Q-Tel
|
||||||
11/26/2006 | Series B | $10.33MM | $xx.xx | $29.76MM | In-Q-Tel, Peter Thiel | |
Price per Share
$xx.xx
Shares Outstanding
162,921,953
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
In-Q-Tel, Peter Thiel
|
||||||
06/21/2006 | Series A | $142,391 | $xx.xx | $16.61MM | Peter Thiel | |
Price per Share
$xx.xx
Shares Outstanding
1,423,912
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
35.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Peter Thiel
|