About Planet
Planet is a company based in San Francisco (United States) founded in 2010. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Planet has raised $666.69 million across 14 funding rounds from investors including International Finance Corporation, European Union and Western Technology Investment. The company has 970 employees as of January 31, 2024. Planet has completed 5 acquisitions, including Boundless Geo, Salo AI and Sinergise. Planet offers products and services including Planet Insights Platform, Planet Monitoring, Planet Tasking, Planet Analytic Feeds, and Planetary Variables. Planet operates in a competitive market with competitors including Esri, Capella Space, Spire, Descartes Labs and Synspective, among others.
- Headquarter San Francisco, United States
- Employees 970 as on 31 Jan, 2024
- Stage Public
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Sectors
Aerospace, Defense & MaritimeTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Planet Labs Pbc
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Annual Revenue
$244.35 M10.72as on Jan 31, 2024
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Net Profit
$-123.2 M12.32as on Jan 31, 2024
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EBITDA
$-55.67 M54.41as on Jan 31, 2024
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Total Equity Funding
$666.69 M (USD)
in 14 rounds
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Latest Funding Round
$460 M (USD), Post-IPO
Sep 12, 2025
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Investors
International Finance Corporation
& 17 more
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Employee Count
970
as on Jan 31, 2024
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Investments & Acquisitions
Boundless Geo
& 4 more
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IPO & Listings of Planet
Planet is a publicly listed company on the NYSE with ticker symbol PL in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Planet
Planet offers a comprehensive portfolio of products and services, including Planet Insights Platform, Planet Monitoring, Planet Tasking, Planet Analytic Feeds, and Planetary Variables. 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.
Daily Earth data and analytics are provided here.
Near-daily 3.7m resolution imagery is captured globally.
High-resolution 50cm imagery is delivered within hours.
Derived data insights are offered for analysis.
Environmental data metrics are provided for insights.
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Sales and Marketing
44 people
Leadership Team
41 people
Software Development Team
33 people
Human Resources and Administration
14 people
Customer Team
13 people
Operations Team
12 people
Finance and Accounting
11 people
Senior Team
10 people
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Funding Insights of Planet
Planet has successfully raised a total of $666.69M across 14 strategic funding rounds. The most recent funding activity was a Post-IPO round of $460 million completed in September 2025. 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 14
- Last Round Post-IPO — $460.0M
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First Round
First Round
(23 Dec 2011)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Post-IPO - Planet | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - Planet | Valuation |
investors |
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| Jul, 2019 | Amount | Series D - Planet | Valuation | EDBI |
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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 |
Investors in Planet
Planet has secured backing from 18 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include International Finance Corporation, European Union and Western Technology Investment. 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 |
|---|---|---|---|---|
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Government-backed investments are directed toward healthcare, fintech, and various sectors.
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Founded Year | Domain | Location | |
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Seed and early-stage technology companies are funded by Lux Capital.
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Founded Year | Domain | Location | |
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Investments in technology startups are made by Felicis Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Planet
Planet has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Boundless Geo, Salo AI and Sinergise. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI and satellite-based conservation monitoring solutions are provided.
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2016 | ||||
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Satellite-based soil moisture data is supplied to agricultural users.
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2015 | ||||
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High-resolution satellite imagery and analytics are delivered via microsatellites.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Planet
| 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 Comparisons
Competitors of Planet
Planet 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 Esri, Capella Space, Spire, Descartes Labs and Synspective, 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 |
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| domain | founded_year | HQ Location |
Cloud-based spatial analysis and location mapping software is provided.
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| domain | founded_year | HQ Location |
Satellite-based imaging solutions are provided using synthetic aperture radar.
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| domain | founded_year | HQ Location |
Cloud, AI, and satellite-based data analytics solutions are developed.
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| domain | founded_year | HQ Location |
Earth satellite imagery solutions are provided for monitoring applications.
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| domain | founded_year | HQ Location |
Provider of cloud and AI-based satellite imaging data
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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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Latest news on Planet
Frequently Asked Questions about Planet
When was Planet founded?
Planet was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Planet located?
Planet is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Planet a funded company?
Planet is a funded company, having raised a total of $666.69M across 14 funding rounds to date.
How many employees does Planet have?
As of Jan 31, 2024, the latest employee count at Planet is 970.
What is the annual revenue of Planet?
Annual revenue of Planet is $244.35M as on Jan 31, 2024.
What does Planet do?
Planet is engaged in delivering daily satellite imagery and multidimensional Earth data insights through advanced platforms. Operations span various sectors including agriculture, defense, civil government, and sustainability. Solutions such as Planet Insights Platform, Planet Monitoring, and Planet Tasking are offered to enable organizations to monitor global changes, analyze high-resolution data, and make informed decisions. Coverage includes broad area management and specific industry applications like forestry, infrastructure, and emergency management.
Who are the top competitors of Planet?
Planet's top competitors include Capella Space, Esri and Spire.
What products or services does Planet offer?
Planet offers Planet Insights Platform, Planet Monitoring, Planet Tasking, Planet Analytic Feeds, and Planetary Variables.
Is Planet publicly traded?
Yes, Planet is publicly traded on NYSE under the ticker symbol PL.
How many acquisitions has Planet made?
Planet has made 5 acquisitions, including Boundless Geo, Salo AI, and Sinergise.
Who are Planet's investors?
Planet has 18 investors. Key investors include International Finance Corporation, European Union, Western Technology Investment, EDBI, and Lux Capital.
What is Planet's ticker symbol?
The ticker symbol of Planet is PL on NYSE.
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