What is Planet Soho?
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:
Angel/Seed
$1.8M
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.
See full Planet Soho company page
