Planet Labs (“Planet”) was founded in 2010 originally as Cosmogia by Will Marshall, Chris Boshuizen, and Robbie Schingler. The company has not officially endorsed a plan to participate in an IPO.
Planet manufactures and operates a network of satellites, which takes pictures the Earth every 24 hours providing global information in near real time. The company has raised nearly $400 million in Venture Capital funding from investors including 137 Ventures, APES Ventures, DFJ Growth, SharesPost, Aster Capital, Prelude Ventures, Lux Capital Management, AME Cloud Ventures, Data Collective, First Round Capital, and HighGear Ventures. Per company press releases, Planet last raised $168 million in February 2019 at a post-money valuation of $2.2 billion.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/20/2019 | Series D | $453.04MM | $xx.xx | $2.11B | Prelude Ventures, Sharespost, Syngenta Ventures, Tower Equity | |
Price per Share
$xx.xx
Shares Outstanding
31,514,850
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Prelude Ventures, Sharespost, Syngenta Ventures, Tower Equity
|
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04/13/2017 | Series C' | $44.42MM | $xx.xx | $1.21B | Dcvc Opportunity Fund | |
Price per Share
$xx.xx
Shares Outstanding
4,024,175
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dcvc Opportunity Fund
|
||||||
07/13/2015 | Series C | $126.55MM | $xx.xx | $1.03B | Ame Cloud Ventures, Capricorn Investment Group, Draper Fisher Jurvetson, Felicis Ventures, First Round Capital, Founders Fund, Industry Ventures, Innovation Endeavors, International Finance Corporation, Lux Capital, Obvious Ventures, O'Reilly Alpha Tech Ventures (Oatv), Raptor Group, Rothenberg Investments, Space Angels Network, The Data Collective | |
Price per Share
$xx.xx
Shares Outstanding
13,756,905
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ame Cloud Ventures, Capricorn Investment Group, Draper Fisher Jurvetson, Felicis Ventures, First Round Capital, Founders Fund, Industry Ventures, Innovation Endeavors, International Finance Corporation, Lux Capital, Obvious Ventures, O'Reilly Alpha Tech Ventures (Oatv), Raptor Group, Rothenberg Investments, Space Angels Network, The Data Collective
|
||||||
12/18/2013 | Series B | $51.88MM | $xx.xx | $478.46MM | Felicis Ventures, First Round Capital, Industry Ventures, Lux Capital | |
Price per Share
$xx.xx
Shares Outstanding
10,314,505
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Felicis Ventures, First Round Capital, Industry Ventures, Lux Capital
|
||||||
06/26/2013 | Series A | $20.52MM | $xx.xx | $60.89MM | Ame Cloud Ventures, Capricorn, Draper Fisher Jurvetson, First Round Capital, Founders Fund Angel, Innovation Endeavors, Oatv, The Data Collective | |
Price per Share
$xx.xx
Shares Outstanding
26,072,555
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ame Cloud Ventures, Capricorn, Draper Fisher Jurvetson, First Round Capital, Founders Fund Angel, Innovation Endeavors, Oatv, The Data Collective
|