How Much Did Planned Raise?
Funding & Key Investors

Planned, a prominent player in the event management technology sector, has successfully secured a major strategic investment, bringing its total capital raised to $57.7M. This latest infusion of $35M underscores the company's robust growth trajectory and its increasing influence within the enterprise event planning ecosystem. By consolidating fragmented procurement processes into a unified digital marketplace, Planned continues to attract significant backing from institutional investors focused on high-growth SaaS platforms.

The company's funding history reflects a disciplined expansion strategy, beginning with early-stage support and evolving into substantial Series B financing. This progression highlights the market's confidence in Planned's ability to disrupt traditional event logistics through automation and centralized vendor management.

What is Planned?

Planned
SoftwareContent & Collaboration Software

Planned operates as a sophisticated B2B marketplace designed to streamline the complexities of event planning. By providing planners with access to a curated inventory of event spaces and an automated concierge service, the platform effectively removes the friction associated with booking catering, furniture, and entertainment. This end-to-end solution positions Planned as a critical infrastructure layer for organizations looking to scale their event operations while maintaining cost efficiency and operational oversight. The platform's value proposition lies in its ability to digitize manual procurement workflows, thereby enabling professional planners to focus on strategic execution rather than administrative logistics.

How much funding has Planned raised?

Planned has raised a total of $57.7M across 3 funding rounds:

2020

Unspecified

$4.7M

2022

Series A

$18M

2024

Series B

$35M

Unspecified (2020): $4.7M with participation from Thcap, N49P, and Inovia

Series A (2022): $18M led by Drive Capital, Thcap, and Outsiders Fund

Series B (2024): $35M supported by Drive Capital and Outsiders Fund

Key Investors in Planned

Drive Capital

Drive Capital is a venture capital firm based in Columbus that invests in exceptional founders creating the next generation of market-defining companies, focusing on growth from idea to IPO.

Outsiders Fund

Outsiders Fund is an early-stage venture capital firm that supports founders with unique perspectives aiming to disrupt outdated industries through strategic seed and Series A investments.

Inovia

iNovia Capital is a full-stack venture firm that partners with founders to build enduring global technology companies by prioritizing human-centric investment strategies.

What's next for Planned?

With the successful closure of its latest financing round, Planned is well-positioned to accelerate its product development and market penetration. The company is expected to leverage this capital to enhance its automated concierge capabilities and expand its footprint in key enterprise markets. As the demand for integrated event management solutions continues to rise, Planned's focus will likely shift toward deepening its vendor network and refining its data-driven insights to provide even greater value to its corporate clientele. This strategic phase will be pivotal in cementing the company's leadership position as it transitions from a scaling startup to an established enterprise-grade solution provider.

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Frequently Asked Questions Regarding Planned Financial Insights

What are the most recent funding rounds that Planned has completed, and what were the funding rounds?
Planned has recently completed 3 funding rounds: Series B on Jul 18, 2024, Series A on Jul 11, 2022, Unspecified on Dec 1, 2020.
What is the total amount of funding Planned has raised to date?
Planned has raised a total of $57.7M in funding to date.
How many funding rounds has Planned completed?
Planned has completed 3 funding rounds.
How much funding did Planned raise in its most recent funding round?
Planned raised $35M in its most recent funding round.
Who are the lead investors in Planned's latest funding round?
The lead investor in Planned's latest funding round was Drive Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Planned's history?
The largest funding round in Planned's history was $35M.
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