Planet42
Signal active
Organization
Contact Information
Overview
Planet42 is democratizing mobility by enabling people ignored by banks to get access to a personal vehicle. The company leverages technology to mitigate risk and promote financial inclusion by buying second-hand cars from a network of motor dealers and providing them to customers on a subscription basis, without the need to physically see the car or meet the customer.
About
Industries
Financial Services, Automotive, Subscription Service
Founded
2017
Employees
51-100
Headquarters locations
NA - South Africa, South Africa, Africa
Social
N/A
Profile Resume
Planet42 headquartered in NA - South Africa, South Africa, Africa, operates in the Financial Services, Automotive, Subscription Service sector. The company focuses on Financial Services and has secured $28.0B in funding across 168 round(s). With a team of 51-100 employees, Planet42 is actively contributing to advancements in Financial Services. Their latest funding round, Debt Financing - Planet42, raised $13.4M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
14
Investors
1
Lead Investors
0
Total Funding Amount
$166.8M
Details
4
Planet42 has raised a total of $166.8M in funding over 4 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2018 | Seed | 584.6K | ||
| 2020 | Seed | 2.4M | ||
| 2021 | Seed | 6.0M | ||
| 2019 | Seed |
Investors
Planet42 is funded by 41 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Planet42 | - | FUNDING ROUND - Planet42 | 2.7M |
| Standard Bank Group | - | FUNDING ROUND - Standard Bank Group | 2.7M |
| Planet42 | - | FUNDING ROUND - Planet42 | 13.4M |
| Standard Bank | - | FUNDING ROUND - Standard Bank | 13.4M |
Recent Activity
There is no recent news or activity for this profile.