How Much Did Planet Soho Raise?
Funding & Key Investors

Planet Soho has secured significant capital, with total funding reaching $9.8M and a recent strategic investment of $8M. This major enterprise-level funding round underscores the company's established presence and growth trajectory in the business management software sector.

What is Planet Soho?

Planet Soho
SoftwareEnterprise Resource Planning (ERP)Customer Engagement Platforms

Planet Soho offers a comprehensive suite of simplified business management tools designed for small businesses. Their platform integrates essential functions such as invoicing, payment collection, contact management, online sales, and inventory management, aiming to streamline operations for entrepreneurs. Additionally, Planet Soho enhances visibility and networking through customizable online business cards and a business directory, focusing on user-friendly design and seamless integration to support business activities.

How much funding has Planet Soho raised?

Planet Soho has raised a total of $9.8M across 2 funding rounds:

2011

Angel/Seed

$1.8M

2012

Series A

$8M

Angel/Seed (2011): $1.8M with participation from Mangrove Capital Partners

Series A (2012): $8M led by Kima Ventures, Mangrove Capital Partners, and thetime

Key Investors in Planet Soho

Kima Ventures

Kima Ventures is a highly active early-stage investor, known for backing numerous startups annually from pre-seed to seed stages. Based in Paris, they provide founders with crucial funding, network access, and support to advance their ventures.

Mangrove Capital Partners

Mangrove Capital Partners is a venture capital firm specializing in investments across various sectors, including information technology. They focus on providing growth capital to entrepreneurs and businesses.

thetime

TheTime operates within the investment banking industry, based in Tel Aviv, Israel. They are involved in facilitating financial transactions and investments for businesses.

What's next for Planet Soho?

The recent major strategic investment in Planet Soho signals a pivotal phase for the company, likely focused on scaling operations, expanding market reach, and further developing its integrated business management solutions. This capital infusion is expected to accelerate product innovation and enhance its competitive position within the small business software landscape, potentially leading to new feature rollouts and increased customer acquisition efforts.

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Frequently Asked Questions Regarding Planet Soho Financial Insights

What are the most recent funding rounds that Planet Soho has completed, and what were the funding rounds?
Planet Soho has recently completed 2 funding rounds: Series A on Jan 9, 2012, Angel/Seed on Jan 26, 2011.
What is the total amount of funding Planet Soho has raised to date?
Planet Soho has raised a total of $9.8M in funding to date.
How many funding rounds has Planet Soho completed?
Planet Soho has completed 2 funding rounds.
How much funding did Planet Soho raise in its most recent funding round?
Planet Soho raised $8M in its most recent funding round.
Who are the lead investors in Planet Soho's latest funding round?
The lead investor in Planet Soho's latest funding round was Kima Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Planet Soho's history?
The largest funding round in Planet Soho's history was $8M.
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