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As Palantir preparations IPO, an appearance back at its development history

by | Jul 7, 2020 | Fundings and Exit, Startups | 0 comments

The other day night Palantir, the quasi-secretive information mining and analysis firm, openly revealed that it has actually independently submitted to go public. The disclosure was available in the wake of Palantir raising brand-new capital, taking on hundreds of millions of dollars prior to its organized public offering. According to Crunchbase data, Palantir has raised billions while private, making its launching a marquee affair in the worlds of technology, startups and venture capital. As TechCrunch reported yesterday, Palantir has a questionable product history, including helping find immigrants for the Migration and Customs Enforcement firm, connecting databases for intelligence firms and recently winning no-bid contracts to gather data about the COVID-19 pandemic for the White House Pandemic Task Force. The Exchange is a day-to-day take a look at startups and the private markets for

Additional Crunch customers; usage code EXCHANGE to get full access and take 25% off your membership. The business’s filing comes after a long incubation duration; it’s been 17 years considering that Palantir’s starting in 2003. Since then, its reported monetary efficiency and fundraising history have become sufficiently convoluted that I couldn’t tell you today how big the company really is or just how much it raised prior to its newest financial investment. To prep us for its eventual public IPO filing, let’s return in time and collect information points from Palantir’s reported history. By doing this when we do get the business’s S-1 filing, we’ll much better understand what we’re looking at.

Palantir’s reported history Even with business that aren’t privacy-conscious, it can be difficult to craft an extensive history of their organisation activities from when they were personal. With Palantir, it’s even harder. Still, leaning on more than a decade

of TechCrunch reporting, Crunchbase

data, other publications and Craft.co, what follows is a reasonable look at what has actually been reported about Palantir through time. Naturally, we’ll understand more when we get the S-1. Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.

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