Planet X

Rotherham, United Kingdom Founded: 1988 • Age: 38 yrs Acquired By Winlonggarments
Offers an online platform for selling cycling products

About Planet X

Planet X is a company based in Rotherham (United Kingdom) founded in 1988 was acquired by Winlonggarments in June 2023.. The company has 1 employees as of September 30, 2020.

  • Headquarter Rotherham, United Kingdom
  • Employees 1 as on 30 Sep, 2020
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $2.08 M (USD), Debt – Conventional

    Feb 18, 2021

  • Investors
  • Employee Count
    1

    as on Sep 30, 2020

  • Acquired by
    Winlonggarments

    (Jun 12, 2023)

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People of Planet X
Headcount 50-200
Employee Profiles 3
Employee Profiles
People
David Marshall
Head Of Trading And Supply Chain
People
Kelly Flipse
Management Accountant

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Funding Insights of Planet X

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $2.1M
  • First Round

    (18 Feb 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2021 Amount Debt – Conventional - Planet X Valuation

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Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Planet X

Planet X has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Santander UK and Winlonggarments. 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.

All
Institutional
Investor Description Founded Year Domain Location
Financial solutions for personal and business banking are provided.
Founded Year Domain Location
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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 Planet X

Investments
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

Financial Statements - Planet X

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Planet X Comparisons

Employees
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Competitors of Planet X

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.

Latest news on Planet X

Frequently Asked Questions about Planet X

When was Planet X founded?

Planet X was founded in 1988 and raised its 1st funding round 33 years after it was founded.

Where is Planet X located?

Planet X is headquartered in Rotherham, United Kingdom. It is registered at Rotherham, England, United Kingdom.

How many employees does Planet X have?

As of Sep 30, 2020, the latest employee count at Planet X is 1.

What does Planet X do?

Planet X was founded in 1988 in Rotherham, United Kingdom. An online platform is operated for retailing cycling equipment and apparel, including bike frames, wheels, saddle packs, backpacks, t-shirts, jerseys, mudguards, and helmets. Products are targeted at road cyclists, triathletes, mountain bikers, tourers, fixie riders, and cross-racers within the cycling sector. Operations focus on e-commerce distribution across the UK.

Who are Planet X's investors?

Planet X has 2 investors. Key investors include Santander UK, and Winlonggarments.

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