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Planet42

Planet42 is democratizing mobility by enabling people ignored by banks to get access to a personal vehicle. The company leverages technology to mitigate risk and promote financial inclusion by buying second-hand cars from a network of motor dealers and providing them to customers on a subscription basis, without the need to physically see the caror meet the customer.

Total Fundraised$5B

PE Round
Late Stage
Debt Financing
Pre-IPO
Series C
Series B
Series A
Others
Calendar Image2017
Established
HeadquarterGradient ImageCape Town, South Africa
Headquarter
OperationalGradient Image
Operational Market
SectorGradient Image
Automotive
Financial Services
Rental
Sectors
EmployeeGradient Image201 - 500
Employees
PinGradient ImageDebt Financing
Latest Known Stage
GlobeGradient Imagehttps://planet42.com/za/
Website

Funding Types by Funds Raised (in USD)

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Cumulative Funding Raised Over Time

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Planet42's Investors by Funding Rounds

Funding Round

Announced Date

Disclosed Investors

Round Amount (USD)

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Planet42's
Key Team Members

Marc Alvey
Marten Orgna
Markus Remmet