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Trading / Browse Private Companies / Planet42 Stock

Planet42 Stock

planet42.comTransportation / RidesharingFounded: 2017

Planet42 is a South African-based company that enables people to access personal vehicles when they have been unable to finance a vehicle through traditional financing. Customers apply for a vehicle, Planet42 reviews the application and if approved, the company purchases a vehicle on behalf of the customer and rents it to the customer on a subscription basis. Customers can choose to purchase the vehicle from Planet42 at any time for the buy-out price, which gets lower every month.

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Planet42 investors also invested in these private companies

Naspers
ARS Holdings
Rivonia Road Capital
Alesco Ventures
Lemonade Stand
Change Ventures
Startup Wise Guys

Team

Management Team

Eerik Oja
Co-Founder & Chief Executive Officer
Marten Orgna
Co-Founder & Chief Financial Officer
Grant Wing
Chief Operating Officer & Managing Director

Frequently Asked Questions About Planet42’s Stock

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Can you buy Planet42’s stock?
Planet42 is not publicly traded on NYSE or NASDAQ in the U.S. To buy Planet42’s stock you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
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Can you sell Planet42’s stock?
Yes, you can sell stock of a private company like Planet42. Forge can help you sell your Planet42 stock in a way that works for you and the company. So if you are seeking liquidity, register with us today to get started.
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What is Planet42’s stock price?
Planet42 is a privately held company and therefore does not have a public stock price. However, you may access Planet42’s private market stock price with Forge Data.
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What is Planet42’s stock ticker symbol?
Planet42 does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?
Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

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News Highlights

TECHCRUNCH 02/22/2023
South African car subscription service Planet42 raises $100M equity, debt
Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $100 million in equity and debt from a wide range of investors.
BLOOMBERG 02/21/2023
Naspers Backs Rent-to-Buy a Car Firm in $100 Million Deal
Naspers Ltd., an early investor in China’s Tencent and still its largest shareholder, is backing rent-to-buy car firm Planet42 in a $100 million debt and equity fund-raising.

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Updated on: Apr 19, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.