About Palm
Palm is a company based in San Francisco (United States) founded in 1992 by Howard Nuk and Dennis Miloseski was acquired by HP in April 2010. It operates as a Direct-to-Consumer (D2C). Palm has raised $100 million across 2 funding rounds from investors including 3Com, HP and Elevation Partners. Palm has completed 1 acquisition, including Peanut Press. Palm offers products and services including Palm Small Phone.
- Headquarter San Francisco, United States
- Founders Howard Nuk, Dennis Miloseski
- Stage Public
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Palm Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$100 M (USD)
in 2 rounds
-
Latest Funding Round
$100 M (USD), Series C
Jan 09, 2009
-
Investors
3Com
& 2 more
-
Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Palm
Palm offers a comprehensive portfolio of products and services, including Palm Small Phone. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A compact phone designed for minimalists and athletes.
Funding Insights of Palm
Palm has successfully raised a total of $100M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in January 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series C — $100.0M
-
First Round
First Round
(23 Dec 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2009 | Amount | Series C - Palm | Valuation |
investors |
|
| Dec, 2008 | Amount | Post-IPO - Palm | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Palm
Palm has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include 3Com, HP and Elevation Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Technology-focused private equity investments are conducted in the US.
|
Founded Year | Domain | Location | |
|
Hardware, software, and IT services are provided globally to businesses.
|
Founded Year | Domain | Location | |
|
Networking hardware and security systems are supplied for enterprise use.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Palm
Palm has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Peanut Press. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
News on multiple topics is covered by Peanut Press blog.
|
1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Palm
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Palm Comparisons
Competitors of Palm
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Palm
When was Palm founded?
Palm was founded in 1992 and raised its 1st funding round 16 years after it was founded.
Where is Palm located?
Palm is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Palm a funded company?
Palm is a funded company, having raised a total of $100M across 2 funding rounds to date. The company's 1st funding round was a Post-IPO of $100M, raised on Dec 23, 2008.
What does Palm do?
Palm is engaged in the design and sale of small smartphones tailored for minimalists, athletes, and families. The company focuses on delivering compact devices that fit easily into small spaces, offering an alternative to larger phones. Solutions include high-density displays, advanced cameras, and features like Life Mode to reduce distractions. The sector primarily served is consumer electronics with an emphasis on mobile devices.
What products or services does Palm offer?
Palm offers Palm Small Phone.
How many acquisitions has Palm made?
Palm has made 1 acquisition, including Peanut Press.
Who are Palm's investors?
Palm has 3 investors. Key investors include 3Com, HP, and Elevation Partners.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.