EFTA00807234.pdf

Mips://my.pitchbook.comAveb-api/profiles/43117-84/company/... Generated by PitchBook for Richard Kahn, HBRK Last Updated: 28-Sep-2018 Associates Palantir Technologies I Private Company Profile General Information pblD: 43117.84 Description Developer of data fusion platforms designed to integrate, visualize, secure and analyze information. The company's data fusion platform is designed to help human experts perform collaborative analysis of data at scale through machine- assisted analysis, enabling public institutions, private enterprises and the non-profit sectors to address the challenges of making sense of complex and diverse data. Most Recent Financing Status (as of 16-Jul-2018) An undisclosed investor sold its stake in the company to All Blue Capital and StraightPath Venture Partners on September 01, 2017. Previously, the company raised $19.99 million of venture funding from SharesPost, EG Capital Advisors and Akkadian Ventures on November 23, 2016. The company is being actively tracked by PitchBook. Entity Types Private Company Year Founded 2004 Acquirer Universe Venture Capital Website www.palantir.com Primary Database Software Also Known As Palantir Industry Legal Name Palantir Technologies, Inc. Verticals TMT, Artificial Intelligence & Machine Business Status Generating Revenue Learning Employees 2,000 Ownership Status Privately Held (backing) Financing Status Venture Capital-Backed Contact Information Primary Contact Primary Office Alexander Karp Ph.D 100 Hamilton Avenue Co-Founder. Board Member & Chief Executive Officer Suite 300 Palo Alto, CA 94301 Phone: +1 (650) 815.0200 United States Phone: +1(650) 815-0200 [email protected] Top 5 Similar Companies # Name Competitor Financing HQ Growth Size Last Financing Last Financing Status Location Rate Multiple Date/Type Amount 1 DataHunter Venture Beijing, 0.00% 1.10x 2018/Series A Capital- China Backed 2 Collaborative Venture Burlingame, -0.86% 8.23x 2017/Grant SI SOM Drug Capital- CA Discovery Backed 1 of 29 10/18/18, 4:46 PM EFTA00807234  htips://my.pitchbook.comAveb-api/profiles/43 17.84/company/... 3 Ascent Venture Tokyo. 0.00% 0.08x 2018/Series A $10.37M Robotics Capital- Japan Backed 4 Yimian Venture Shenzhen, 2017/Accelerator/Inc (Database Capital- China Software) Backed 5 DataFox Venture San -1.45% 33.10x 2017/Early Stage VC $4.96M Capital- Francisco. Backed CA Current Executives (8) Name Title Board Office Phone Email Seats Alexander Karp Co-Founder, Board 2 Palo Alto, CA Ph.D Member & Chief Executive Officer Cohn Anderson Chief Financial Palo Alto, CA Officer Milo Krastev Executive Palo Alto, CA Mason Edwards Executive, Palo Alto, CA Deployment Strategist Sean Stenstrom Legal Counsel Palo Alto, CA Stephen Cohen Co-Founder, 1 Palo Alto, CA Executive Vice President & Board Member James Weiss Business New York, NY Development Executive Joe Lonsdale Co-Founder 17 Palo Alto, CA Current Board Members (4) Name Title Representing Role Since Phone Email Alexander Co-Founder, Palantir Co- Jan +1(650) Karp Ph.D Board Member & Technologies Founder, 2004 815.0200 Chief Executive Board Officer Member & Chief Executive Officer Peter Thiel JD Chairman & Co- Chairman Jan +1(408) Founder & Co. 2004 967.7400 Founder 2 of 29 10/18/18.4:46 PN1 EFTA00807235  https://my.pitchbook.comAveb-api/pmfiles/431I7-f4/company/... Shyam Board Member Palantir Board Mar Sankar Technologies Member 2006 Stephen Co-Founder, Palantir Co. Jan Cohen Executive Vice Technologies Founder, 2004 President & Executive Board Member Vice President & Board Member Deal History (19) # Deal Type Date Amount Raised to Pre-Val Post-Val Status Stage Date 19. Secondary 01- 53.23M 52.758 Completed Generating Transaction - Private Sep-2017 Revenue 18. Secondary 01-Jan-2017 52.758 Completed Generating Transaction - Private Revenue 17. Later Stage VC 23- 520.00M 52.758 Completed Generating Nov-2016 Revenue 16. Later Stage VC 29-Jan-2016 5880.00M 52.738 519.658 520.538 Completed Generating (Series K) Revenue 15. Secondary 01-Jan-2016 $3.00m E 51.858 525.008 Completed Generating Transaction - Private Revenue 14. Later Stage VC 26- 5400.00M 51.858 514.958 515.358 Completed Generating (Series )) Nov-2014 Revenue 13. Later Stage VC 03- 5635.71M 51.458 58.568 59.208 Completed Generating (Series I) Nov-2014 Revenue 12. Later Stage VC 24- 574.36M 5816.88M 54.938 55.008 Completed Generating (Series H) Apr-2014 Revenue 11. Secondary 31-Jan-2014 5742.52M Completed Generating Transaction - Private Revenue 10. Later Stage VC 27- 5198.50M 5742.52M 54.738 54.938 Completed Generating (Series H) Sep-2013 Revenue 9. Later Stage VC 11- 5164.25M 5544.02M 53.868 54.038 Completed Generating (Series G) Sep-2012 Revenue 8. Later Stage VC 06- 570.00M 5379.77M 52.438 52.508 Completed Generating (Series F) Oct-2011 Revenue 7. Later Stage VC 05- 5162.00M 5309.77M 51.518 51.678 Completed Generating (Series El May-2011 Revenue 6. Later Stage VC 25-Jun-2010 590.00M 5147.77M $640.00M $730.00M Completed Generating (Series 0) Revenue S. Later Stage VC 28- 545.25M 557.77M 5354.75M $400.00M Completed Startup (Series C) Feb-2008 4. Early Stage VC 23- 510.52M 512.52M $24.55M 535.08M Completed Startup (Series B) Nov-2006 3. Early Stage VC 01-Jan-2005 52.00M 52.00M $5.00M $7.00M Completed Startup (Series A) 2. Seed Round 01-Jan-2004 Completed Startup 1. Accelerator/Incubator Completed Startup t Indicates an Add-On E Estimated 3 of 29 I 0/18/18, 4:46 PN1 EFTA00807236  https://my.pitchbook.comAveb-api/pmfiles/43117-84/company/... CAP TABLE HISTORY (as of 29-Jan•2016) Stock # Of Shares Par Dividend Original Liquidation Liquidation Conversion % Authorized Value Rate $ Issue Pref. Price Owned Price Multiple Series 92,267,136 $0.001000 $0.91 $11.38 $11.38 lx 511.38 4.29% K Series 44,994,376 $0.001000 $0.71 $8.89 $8.89 lx $8.89 2.49% Series 103.705,430 $0.001000 $0.49 $6.13 $6.13 lx $6.13 5.75% Series 42,735,043 $0.001000 $0.28 $3.51 $3.51 lx $3.51 2.37% Series 35,002,700 $0.001000 $0.28 $3.51 $3.51 lx $3.51 1.94% H Series 58,189,543 $0.001000 $0.24 $3.06 $3.06 lx $3.06 3.23% Series 44,595,912 $0.001000 $0.16 $1.98 $1.98 lx $1.98 2.47% F Series 117,886,772 $0.001000 $0.11 $1.37 $1.37 lx $1.37 6.53% E Series 121,750,000 $0.001000 $0.06 $0.80 $0.80 lx $0.80 6.75% Series 78,815,194 $0.001000 $0.05 $0.58 $0.58 lx $0.58 4.37% C Series 171.078,560 $0.001000 $0.01 $0.06 $0.06 lx $0.06 9.48% B Series 1,425,000 $0.001000 $0.10 $0.10 lx $0.01 2.76% A Series Terms for: A, B, C, D, E, F, G, H, H1, I, J, K (as of 29jan-2016) Participating vs. Non- Non-participating Cumulative/Non-cumulative Non•Cumulative participating Anti-dilution Provisions Weighted Dividend Rights Yes Average Pay to Play No General Voting Rights Yes Deal #19: Secondary Transaction - Private, $3.23M. Completed; 01-Sep-2017 Deal Types Secondary Transaction • Financing Venture Capital- Total $3.23M Private Status Backed Invested Deal 53.23M Financing Venture Capital Capital Amount Source CEO/Lead Alexander Deal Completed Raised to Date Mgt Karp Ph.D $2.75B -- Status Site Palo Alto, CA Total Invested $3.23M Deal Date 01-Sep-2017 Equity Business Generating Status Revenue Deal Synopsis Oceanic Partners sold a stake in the company to StraightPath Venture Partners and All Blue Capital for $3.23 million on September 1, 2017. * Not necessarily a summation of individual debt figures 4 of 29 I0/18/18. 4:46 PM EFTA00807237  https://my.pitchbook.comAveb-api/profiles/43117-84/company/... "Does not include grant funding Estimated Investors (2) Investor Name Status Lead/Sole Comments 1. All Blue Capital New Investor No Form of Payment: Cash 2. StraightPath Venture Partners New Investor No Form of Payment: Cash E Estimated Sellers/Exiters (1) # Seller/Exiter Name Partial/Full Comments 1. Oceanic Partners Full E Estimated Advisors (2) # Advisor Name Service Type Hired By Comments 1. Eaton Square Advisor: Investor General 2. Gunderson Dettmer Legal Advisor Palantir Technologies Financials Financials - Fiscal Year 2017 All Financials in thousands. USD Deal Multiples Income Statement Balance Sheet Deal Size / Revenue 0.01 Total Revenue 3,500.000 Cash Flow Ratios Multiples* Revenue % Growth 40.0% Data Origination Original Yes Calculated Yes Deal #18: Secondary Transaction - Private, Completed; 01-Jan-2017 Deal Secondary Transaction - Financing Venture Capital- CEO/Lead Alexander Karp Types Private Status Backed Mgt PhD Deal Completed Financing Venture Capital Site Palo Alto, CA Status Source 5 of 29 10/18/18, 4:46 PM EFTA00807238  https://my.pitchbook.comAveb-api/profiles/43117-84/company/... Deal Date 01-Jan-2017 Raised to Date $2.758 Business Generating Status Revenue Deal Synopsis An undisclosed investor sold a stake in the company to EG Capital Advisors and Sensegain Asset Management for an undisclosed amount on January 1, 2017. Not necessarily a summation of individual debt figures •• Does not Include grant funding 6 Estimated Investors (2) Investor Name Status Lead/Sole Comments 1. EG Capital Advisors New Investor No Form of Payment: Cash 2. Sensegain Asset Management New Investor No Form of Payment: Cash E Estimated Advisors (1) # Advisor Name Service Type Hired By Comments 1. Gunderson Dettmer Legal Advisor Palantir Technologies Financials Financials - Fiscal Year 2016 All Financials in thousands, USD Deal Multiples Income Statement Balance Sheet Total Revenue 2,500,000 Cash Flow Ratios Multiples* Revenue % Growth 42.9% Data Origination Original Yes Calculated Yes Deal #17: Later Stage VC, $20M, Completed; 23-Nov-2016 VC Round 14 Round Financing Venture Capital- Total $20.00M Deal Types Later Stage VC Status Backed Invested Financing Venture Capital Capital Deal Amount $20.00M Source CEO/Lead Alexander Deal Status Completed Mgt Karp Ph.D Raised to Date $2.758 Deal Date 23-Nov-2016 Site Palo Alto, CA Total Invested 520.OOM Equity Business Generating Status Revenue 6 of 29 10/18/18.4:46 PM EFTA00807239  intps://my.pitchbook.comAveb-api/pmfiles/43 117-84/companyf Deal Synopsis The company raised $20 million of venture funding from an Oceanic Partners, Prometheus Capital, IncubAsia Ventures and undisclosed investor on November 23, 2016. Troy Capital Partners also participated in this round. t Not necessarily a summation of individual debt figures •• Does not include grant funding E Estimated Investors (6) Investor Name Status Lead/Sole Comments 1. Decacom Capital New Investor No Form of Payment: Cash 2. Growth Technology Partners New Investor No Form of Payment: Cash 3. IncubAsia Ventures New Investor No Form of Payment: Cash 4. Oceanic Partners New Investor No Form of Payment: Cash 5. Prometheus Capital (Shanghai) New Investor No Form of Payment: Cash 6. Troy Capital Partners New Investor No Form of Payment: Cash E Estimated Advisors (1) # Advisor Name Service Type Hired By Comments 1. Gunderson Dettmer Legal Advisor Palantir Technologies Stock Info Type of Stock Preferred E Shares Sought and Price Per Share calculated using the Weighted Average Method Financials Financials • Fiscal Year 2016 All Financials in thousands. USD Deal Multiples Income Statement Balance Sheet Deal Size / Revenue 0.01 Total Revenue 2,500,000 Cash Flow Ratios Multiples* Revenue % Growth 42.9% Data Origination 7 of 29 I0/18/18. 4:46 PM EFTA00807240  https://my.pitchbook.comAvcb-api/pmfiles/43117-84/company/... Original Yes Calculated Yes Deal #16: Later Stage VC (Series K), $88OM, Completed; 29-Jan-2016 VC Round 13 Round Financing Venture Capital- Total 5880.OOM Deal Types Later Stage VC. Status Backed Invested Series K Financing Venture Capital Capital Deal Amount $880.00M Source Pre-money 519.658 Raised to Date -- Valuation Deal Status Completed 52.738 Post 520.538 Deal Date 29-Jan-2016 Total Invested 5880.OOM Valuation Equity Announced 16-Jan-2015 CEO/Lead Alexander Date Investor 52.44% Mgt Karp Ph.D Ownership % Acquired 4.29% Site Palo Alto, CA Stock Split 1:1 Business Generating Status Revenue Deal Synopsis The company raised $880 million of Series K venture funding from Y Ventures, Nima Capital, and Dover Madison Capital Management on January 29. 2016, putting the company's pre-money valuation at $19.654 billion. Rising Tide Fund, TJNS Capital, IT Ventures, FJ Labs, Seed-Resolute, MD Pham, Tamares Group, Nautilus Ventures, VSL Partners, Founders Equity Partners, SharesPost and Pokora Capital also participated in this round. I Not necessarily a summation of individual debt figures " Does not include grant funding E Estimated Stock Info + Cap Table History Type of Stock Preferred # of Shares Acquired 77,328,647 Series of Stock K Conversion Ratio 1 Shares Sought 92,267,136 Price Per Share $11.38 E Shares Sought and Price Per Share calculated using the Weighted Average Method SERIES K TERMS Participating vs. Non- Non-participating Cumulative/Non-cumulative Non-Cumulative participating Anti-dilution Provisions Weighted Dividend Rights Yes Average Board Voting Rights No General Voting Rights Yes CAP TABLE HISTORY Stock # Of Shares Par Dividend Original Liquidation Liquidation Conversion % Authorized Value Rate S Issue Pref. Price Owned Price Multiple Series 92,267.136 $0.001000 $0.91 $11.38 511.38 lx 511.38 4.29% K Series 44,994,376 $0.001000 $0.71 $8.89 $8.89 lx $8.89 2.49% Series 103.705,430 $0.001000 $0.49 $6.13 $6.13 lx $6.13 5.75% 8 of 29 10/18/18.4:46 PN1 EFTA00807241  https://my.pitchbook.comAveb-api/pmfiles/43117-84/company/... Series 42,735,043 $0.001000 $0.28 $3.51 $3.51 lx $3.51 2.37% H1 Series 35,002,700 $0.001000 $0.28 $3.51 $3.51 lx $3.51 1.94% H Series 58,189,543 $0.001000 $0.24 $3.06 $3.06 lx $3.06 3.23% Series 44,595,912 $0.001000 $0.16 $1.98 $1.98 lx $1.98 2.47% F Series 117,886,772 $0.001000 $0.11 $1.37 $1.37 lx $1.37 6.53% E Series 121.750,000 $0.001000 $0.06 $0.80 $0.80 lx $0.80 6.75% Series 78,815,194 $0.001000 $0.05 $0.58 $0.58 lx $0.58 4.37% C Series 171.078,560 $0.001000 $0.01 $0.06 $0.06 lx $0.06 9.48% B Series 1.425.000 $0.001000 $0.10 $0.10 lx $0.01 2.76% A Investors (15) Investor Name Status Lead/Sole Comments 1. Dover Madison Capital New Investor No Form of Payment: Cash Management 2. FJ Labs New Investor No Form of Payment: Cash 3. Founders Equity Partners New Investor No Form of Payment: Cash 4. IT Ventures New Investor No Form of Payment: Cash 5. MD Pham New Investor No Lead Partner: MD Pham MD Form of Payment: Cash 6. Nautilus Ventures New Investor No Form of Payment: Cash 7. Nima Capital New Investor No Lead Partner: Suna Said Form of Payment: Cash 8. Pokora Capital New Investor No Form of Payment: Cash 9. Rising Tide Fund New Investor No Form of Payment: Cash 10. Seed-Resolute New Investor No Form of Payment: Cash 9 of 29 10/18/18.4:46 PN1 EFTA00807242  https://my.pitchbook.comAveb-api/pmfiles/43117-84/company/... 11. SharesPost New Investor No Lead Partner: Sven Weber Form of Payment: Cash 12. Tamares Group New Investor No Form of Payment: Cash 13. TJNS Capital New Investor No Form of Payment: Cash 14. VSL Partners New Investor No Form of Payment: Cash 15. Y Ventures New Investor No Form of Payment: Cash E Estimated Advisors (3) # Advisor Name Service Type Hired By Comments 1. Morgan Stanley Advisor: Palantir Technologies General 2. S F Sentry Securities Advisor: Palantir Technologies General 3. Gunderson Dettmer Legal Advisor Palantir Technologies Tranches (3) Tranche Date Amount Financing Type Comments 1. 21.Oct-2015 5554.83M Later Stage VC Stock Type: Preferred Tranche Size Actual Status: 2.09-Dec-2015 5125.00M Later Stage VC Stock Type: Preferred Tranche Size Actual Status: 3. 23-Dec-2015 5200.00M Later Stage VC Stock Type: Preferred Financials Financials • Fiscal Year 2015 All Financials in thousands. USD Deal Multiples Income Statement Balance Sheet Valuation / 11.73 Total Revenue 1,750,000 Revenue 10 of 29 I0/18/18.4:46 PM EFTA00807243  https://my.pitchbook.comAvcb-api/pmfilcs/43 117-84/company/... Deal Size / Revenue 0.50 Cash Flow Ratios Multiples* Revenue %Growth 52.2% Data Origination Original Yes Calculated Yes Deal #15: Secondary Transaction - Private, $3M, Completed; O1-Jan-2016 Deal Types Secondary Transaction • Financing Venture Capital- Post 525.006 Private Status Backed Valuation Deal 53.OOM 6 Financing Venture Capital CEO/Lead Alexander Karp Amount Source Mgt Ph.D Deal Completed Raised to Date $1.658 " Site Palo Alto. CA Status Business Generating Deal Date 01-Jan•2016 Status Revenue Deal Synopsis Undisclosed investors sold their stake in the company to a China based private investor group for $3 million in January 2016. t Not necessarily a summation of individual debt figures •• Does not include grant funding E Estimated Advisors (2) # Advisor Name Service Type Hired By Comments 1. NMS Capital Advisors Advisor: Investor Lead Partner: Nader General Afshar Lead Provider 2. Gunderson Dettmer Legal Advisor Palantir Technologies Financials Financials • Fiscal Year 2015 All Financials in thousands. USD Deal Multiples Income Statement Balance Sheet Valuation / 14.29 Total Revenue 1.750,000 Revenue Deal Size / Revenue 0.01 Cash Flow Ratios Multiples* Revenue % Growth 52.2% I I of 29 10l1A/IA.4:46 PM EFTA00807244  https://my.pitchbook.comAveb-api/profiles/43 I 17-84/company/... Data Origination Original Yes Calculated Yes Investors & Shareholders (84) Active Investors (82) Name Investor Type Holding Investor Board Related Deals Since All Blue Capital PE/Buyout Minority Sep 2017 #19. Secondary Transaction - Private: New Investor. Sep 2017. $3.23M StraightPath Venture PE/Buyout Minority Sep 2017 #19. Secondary Transaction - Partners Private: New Investor. Sep 2017, $3.23M EG Capital Advisors Asset Manager Minority Jan 2017 #18. Secondary Transaction - Private: New Investor. Jan 2017 Sensegain Asset Asset Manager Jan 2017 #18. Secondary Transaction - Management Private: New Investor, Jan 2017 Decacorn Capital Venture Capital Minority Nov 2016 #17. Later Stage VC: New Investor, Nov 2016, $20.00M Growth Technology Venture Capital Minority Nov 2016 #17. Later Stage VC: New Investor, Partners Nov 2016, $20.00M IncubAsia Ventures Accelerator/Incubator Minority Nov 2016 #17. Later Stage VC: New Investor, Nov 2016, $20.00M Prometheus Capital Venture Capital Minority Nov 2016 #17. Later Stage VC: New Investor, (Shanghai) Nov 2016, $20.00M Troy Capital Partners Venture Capital Minority Nov 2016 #17. Later Stage VC: New Investor, Nov 2016, $20.00M Dover Madison Capital PE/Buyout Minority Jan 2016 #16. Later Stage VC (Series K): New Management Investor, Jan 2016, $880.00M FJ Labs Venture Capital Minority Jan 2016 #16. Later Stage VC (Series K): New Investor, Jan 2016, $880.00M Founders Equity Secondary Buyer Minority Jan 2016 #16. Later Stage VC (Series K): New Partners Investor, Jan 2016, $880.00M IT Ventures Venture Capital Minority Jan 2016 #16. Later Stage VC (Series K): New Investor, Jan 2016, $880.00M 12 of 29 10/18/18. 4:46 PN1 EFTA00807245  https://my.pitchbook.comhveb-api/profiles/43117.84/company/... MD Pham Angel (individual) Minority Jan 2016 #16. Later Stage VC (Series K): New Investor, Jan 2016. MD Pham MD, 5880.00M Nautilus Ventures Venture Capital Minority Jan 2016 #16. Later Stage VC (Series K): New Investor, Jan 2016. 3880.O0M Nima Capital Family Office Minority Jan 2016 #16. Later Stage VC (Series K): New Investor, Jan 2016, Suna Said, $880.00M Pokora Capital Venture Capital Minority Jan 2016 #16. Later Stage VC (Series K): New Investor. Jan 2016, $880.00M Rising Tide Fund Venture Capital Minority Jan 2016 #16. Later Stage VC (Series K): New Investor, Jan 2016, $880.00M Seed•Resolute Venture Capital Minority Jan 2016 #16. Later Stage VC (Series K): New Investor, Jan 2016, $880.00M SharesPost Venture Capital Minority Jan 2016 #16. Later Stage VC (Series K): New Investor, Jan 2016, Sven Weber, $880.00M Tamares Group PE/Buyout Jan 2016 #16. Later Stage VC (Series K): New Investor, Jan 2016, $880.00M TJNS Capital Venture Capital Minority Jan 2016 #16. Later Stage VC (Series K): New Investor, Jan 2016, $880.00M VSL Partners Other Minority Jan 2016 #16. Later Stage VC (Series K): New Investor, Jan 2016, $880.00M Y Ventures Venture Capital Minority Jan 2016 #16. Later Stage VC (Series K): New Investor, Jan 2016, $880.00M PsP Ventures Venture Capital Minority Nov 2014 #14. Later Stage VC (Series J): New Investor, Nov 2014, $400.00M BlackRock Private PE/Buyout Minority Nov 2014 #13. Later Stage VC (Series I): New Equity Partners Investor, Nov 2014, $635.11M Hercules Capital Venture Capital Minority Nov 2014 #13. Later Stage VC (Series I): New Investor, Nov 2014, $635.71M MicroVentures Venture Capital Minority Nov 2014 #13. Later Stage VC (Series I): New Investor, Nov 2014, $635.71M Mithril Capital Venture Capital Minority Nov 2014 #13. Later Stage VC (Series I): New Management