About Planet Daily
Planet Daily is a company based in Los Angeles (United States) founded in 2001 by Penny Daily.. Planet Daily has raised $5 million across 1 funding round. Planet Daily operates in a competitive market with competitors including Weedmaps, MassRoots, HighThere, Who is Happy and The Weedtube, among others.
- Headquarter Los Angeles, United States
- Founders Penny Daily
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Sectors
TechnologyMedia & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
Apr 23, 2012
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Investors
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Employee Count
Employee Count
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Funding Insights of Planet Daily
Planet Daily has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in April 2012. 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 1
- Last Round Series A — $5.0M
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First Round
First Round
(23 Apr 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2012 | Amount | Series A - Planet Daily | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Planet Daily
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Planet Daily
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Planet Daily Comparisons
Competitors of Planet Daily
Planet Daily operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Weedmaps, MassRoots, HighThere, Who is Happy and The Weedtube, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online community platform for medical marijuana patients
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| domain | founded_year | HQ Location |
Cannabis enthusiasts are connected through an app-based community platform.
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| domain | founded_year | HQ Location |
Social network for cannabis enthusiasts
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| domain | founded_year | HQ Location |
Operates an app-based community platform for cannabis enthusiasts.
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| domain | founded_year | HQ Location |
Operates a social networking platform dedicated to cannabis enthusiasts.
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| domain | founded_year | HQ Location |
Online platform for psychedelics education, community building, and positive change initiatives.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Planet Daily
When was Planet Daily founded?
Planet Daily was founded in 2001 and raised its 1st funding round 11 years after it was founded.
Where is Planet Daily located?
Planet Daily is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Planet Daily a funded company?
Planet Daily is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Apr 23, 2012.
What does Planet Daily do?
Founded in 2001 in Los Angeles, United States, Planet Daily operates in the cannabis sector by providing a loyalty management platform for dispensaries. Programs are rolled out to reward customer purchases and engagement, while data is managed and metrics are tracked for effectiveness. Points accrued by members can be redeemed on ScoreStore or donated. As of November 2017, the company remains in stealth mode.