Planet42
PrivateLast Round
Early Funding
Mar 11, 2024
Total Funding Raised
$126.6M
Company Overview
Planet42 operates in FinTech and is based in Johannesburg. Its latest recorded funding round was an Early Funding round in March 2024.
Planet42 is a fintech and automotive company that provides a rent-to-buy car subscription service for individuals who are unable to access traditional bank financing.
Sector
FinTech
Verticals
Lending & Credit, Credit Scoring, Subscription Commerce, Digital Banking
Business Model
B2C
Customer Profile
Subscription SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Planet42 Comparables
Compare Planet42 with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| FlexClub | 81% | |
| movus technologies Inc. | 78% | |
| Drive New | 78% |
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Planet42 Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Early Funding | Mar 11, 2024 | ||||
| Debt | Mar 11, 2024 | ||||
| Debt | Feb 22, 2023 | ||||
| VC Round | Feb 22, 2023 | ||||
| VC Round | Dec 21, 2021 | ||||
Debt | Dec 3, 2020 |
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Key People
Founding team and executive leadership
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Planet42 Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Naspers | VC Round |
| Rivonia Road Capital | VC Round, Debt |
| Startup Wise Guys | VC Round, Seed, Accelerator |
| Change Ventures | VC Round, Seed |
| Standard Bank Group | Debt, Early Funding |
| Lendable | VC Round, Debt |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jan 6, 2026
Monthly visitors increased 86% MoM, reaching 10K.
- Mar 11, 2024
$2.6M raised in a VC Round.
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Planet42 Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Planet42's valuation, stock price, and market status.
Is Planet42 a public or private company?
Planet42 is a private company.
What is the current stock price of Planet42?
Planet42 is a private company, so its shares have no public market price. Caplight tracks Planet42's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Planet42 worth (valuation)?
Valuation information for Planet42 is not publicly available.
Can I buy Planet42 stock?
Planet42 shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Planet42's last funding round?
Planet42's most recent funding round was Early Funding on March 11, 2024.
Who are the main investors in Planet42?
Key investors in Planet42 include Naspers, Rivonia Road Capital, Startup Wise Guys, Change Ventures, Standard Bank Group.
Will Planet42 IPO soon?
No public IPO plans have been announced for Planet42.
How can I track Planet42 secondary market activity?
Caplight tracks bids, offers, and trades in Planet42's shares on secondary markets.