Planet Labs
Latest round
- Series D
Last raised
- Aug 2017
Total raised
- $343M
Investors
- 22
About Planet Labs
Based in California, US, Planet Labs Inc. is a private Earth-imaging company that was founded in 2010 by former NASA scientists Chris Boshuizen, Will Marshall, and Robbie Schingler with the goal to image the Earth every day. The transaction is expected to close within 2021. As of November 2021, co-founder Will Marshall remains to lead the company as its CEO, and it serves more than 600 clients across 65 countries worldwide. Planet Labs Inc. primarily provides universal access to information about the changing planet with the help of imaging satellites. It offers various geospatial insights including planet monitoring, intraday revisit capability, base maps, and planet analytic feeds. The company caters to various industries including agriculture, defense and intelligence, government, educational research, emergency management, infrastructure, forestry, finance, planet federal, and mapping. In 2020, Planet Labs Inc.16 million in revenue. It is mainly derived from licensing rights to use imagery taken from the company's online platform in addition to providing related services. Contracts to use the images vary, but the company normally has annual or multi-year contractual terms. The licenses are purchased either on a subscription basis or a transactional basis. Clients can either pay for access to its imagery that may be downloaded over a specific period of time, or it can be downloaded for individual content licenses at the time of download. The firm's imagery licensing agreements and service agreements are generally non-cancelable and do not contain refund-type provisions. Upon completion of the merger with dMY Technology Group IV, the combined company will trade on the NYSE under the ticker symbol PL. The proceeds from the transaction as well as from its PIPE investments will be used to fund its operations, sales, marketing, software lines, and future growth opportunities.
Who invested in Planet Labs
22 investors across 5 rounds
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Questions about Planet Labs
Who invested in Planet Labs?
Planet Labs has 22 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Planet Labs raised?
Planet Labs has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Planet Labs last raise money?
Planet Labs's most recent round on record is a Series D, in Aug 2017.
What does Planet Labs do?
Based in California, US, Planet Labs Inc.
Where is Planet Labs headquartered?
Planet Labs is headquartered in San Francisco, US.
Which VCs invest in companies like Planet Labs?
Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back media companies at Planet Labs's stage. Their profiles are linked below.
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