Planet operates one of the world’s largest fleets of earth-imaging satellites, delivering real-time geospatial insights to enterprises, governments, agriculture, climate organizations, and research bodies. Its cloud-based platform offers high-resolution satellite imagery, analytics tools, and automated earth-observation datasets.
The company enables users to detect terrain changes, forecast trends, monitor land use, track environmental risks, and analyze massive geospatial datasets. With applications across defense, climate intelligence, ESG monitoring, and disaster response, Planet is a global leader in Data-as-a-Service for earth observation.
What Is Planet and What Does It Do?
Planet, founded in 2010 by Chris Boshuizen, Will Marshall and Robbie Schingler, is headquartered in San Francisco, United States. The company operates a cloud-based satellite imagery and analytics platform supported by a large constellation of imaging satellites.
Planet enables organizations to monitor terrain changes, analyze geospatial trends, and generate real-time earth-observation insights. Its tools allow users to store, analyze, visualize, and share geospatial metadata with automated sensor-powered updates.
Planet employs between 1,001-5,000 people, serving customers across climate science, agriculture, defense, government, and commercial sectors.
How Much Funding Has Planet Raised?
1. Post-IPO Funding
- Amount Raised: $460M
- Date: September 2025
- Motivation: To expand satellite deployment, improve geospatial analytics, and accelerate international market penetration.
2. Grant (Prize Money)
- Amount Raised: $817K
- Date: January 2021
- Lead Investors: European Union
- Motivation: To support innovation in Earth-observation technologies and climate-monitoring initiatives.
Total Funding Raised: $615 Million
Latest Funding Date: September 2025
Key Investors
1. IFC (International Finance Corporation)
- Details: A global development institution supporting private-sector innovation and sustainability across emerging markets.
- Investment Focus Areas: Climate tech, infrastructure, mobility, deep tech.
- Notable Investments: CloudWalk, dLocal, Planet.
2. DFJ (Draper Fisher Jurvetson)
- Details: A venture capital firm backing disruptive companies in space tech, AI, and deep technology.
- Investment Focus Areas: Space, robotics, AI, enterprise tech.
- Notable Investments: SpaceX, Tesla, Baidu.
3. DCVC (Data Collective)
- Details: A deep-tech fund investing in companies solving global-scale problems through AI, robotics, and advanced science.
- Investment Focus Areas: Space tech, biotech, climate, autonomous systems.
- Notable Investments: Rocket Lab, Spire, Zymergen.
4. EDBI
- Details: Singapore’s strategic investment firm supporting high-growth tech companies expanding globally.
- Investment Focus Areas: Space tech, enterprise software, cybersecurity.
- Notable Investments: Nutanix, Celonis.
Where Is Planet’s Headquarters?
Planet is headquartered in San Francisco, California, strategically positioned near global tech talent, aerospace engineering hubs, and top AI research centers. This location enables strong collaboration with government partners, climate researchers, and enterprise geospatial users.
What’s Next for Planet?
Planet plans to expand its next-generation satellite constellation, enhance AI-powered analytics, and deepen partnerships across agriculture, defense, ESG, and climate monitoring. With its 2025 Post-IPO funding, the company aims to increase imaging frequency, improve resolution, and scale real-time insights for global users. Planet is also investing in predictive geospatial modeling, making Earth-observation data more actionable for governments and enterprises worldwide.
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