Planet42
Car & Truck Rental · Estonia · 51-200 Employees
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Overview
Headquarters
EstoniaPhone Number
+27 129425565Website
www.planet42.comRevenue
<$5 MillionIndustry
ZI Rank: 1
Signal Type
Dec
Jan
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May
ZI Rank
1
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1
About Planet42
Planet42 is a vehicle rental company providing a rent-to-own car service aimed at private clients in South Africa. They simplify car ownership by purchasing vehicles chosen by customers from partnered dealerships and renting them on a subscription basis. The subscription includes insurance and a tracker device, with a flexible buy-out option available as the buy-out price decreases over time. Planet42 seeks to democratize mobility by making car ownership accessible, regardless of traditional bank financing obstacles.Explore more
Planet42 Org Chart
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Company Profile Activity
Activity Insights
Planet42 is experiencing very low activity levels compared to other companies in the Consumer Services sector.
What does this means?
Planet42 is drawing exceptional interest within the Consumer Services industry, suggesting notable developments or strong market momentum, learn more about Planet42.
Planet42 financials insights
Gather financial insights about Planet42, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2020
Angel/Seed
$2.4M
Debt
$13M
2021
Private Equity
$6M
Debt
$24M
2023
Multiple Rounds
$100M
2024
Debt
$16M
Planet42 Tech Stack
A closer look at the technologies used by Planet42
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Most Recent Scoops
Project
A front-line source in Legal has indicated that the organization is planning to begin initiatives related to corporate governance within three to six months.
Governance
Project
A front-line source in Legal has indicated that the organization is planning to begin initiatives related to security framework within three to six months.
IT Audit / Compliance, Information Security, Infrastructure, Product Security, Cyber Security, Security
Project
A front-line source in Legal has indicated that the organization is planning to begin initiatives related to intellectual property (IP) management within three to six months.
Intellectual Property
Project
A front-line source in Legal has indicated that the organization is planning to begin initiatives related to process automation within three to six months.
Automation, Digital Technology
Project
Document Management, Software
Planet42 News & Media
Estonia: A dynamic hub for technology and entrepreneurship
Fueled by a forward-thinking government and a vibrant startup culture, Estonia has earned global recognition for its advancements in technology and digital governance. The country's commitment to digi...INFOGRAPHIC: Startup Funding in Africa and the Middle East — Week 11 - Techloy
Here are the venture funding activities we tracked in the Middle East and African region this week – including TowerCo of Africa, Planet42, Simera Sense, Youverify, ORA Technologies, and Rakeez Capital.South Africa's Planet42 secures $16 million from Standard Bank to repay loans
A year after raising $100 million, South Africa-based car subscription company Planet42 has raised $16 million in local-currency debt and equity funding from Standard Bank.
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Frequently Asked Questions Regarding Planet42
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Planet42 is a vehicle rental company providing a rent-to-own car service aimed at private clients in South Africa. They simplify car ownership by purchasing vehicles chosen by customers from partnered dealerships and renting them on a subscription basis. The subscription includes insurance and a tracker device, with a flexible buy-out option availa... Read More
