Company type | Private |
---|---|
| |
Industry | Enterprise Performance Management, Software Company |
Founded | 2006Yorkshire, England | in
Founder |
|
Headquarters | San Francisco, California |
Number of locations | 13 countries |
Area served | Worldwide |
Key people |
|
Products | Anaplan Platform |
Revenue | US$592.2 million (2022) [1] |
Owner | Thoma Bravo |
Number of employees | 2,200+ (Jan 2022) |
Website |
www |
Anaplan is a business planning software company headquartered in San Francisco, California. Anaplan sells subscriptions for cloud-based business-planning software and provides data for decision-making purposes. [2] [3]
Anaplan's products are used by over 1,000 organizations globally. [4]
The company has been listed as a leader in Gartner's Magic Quadrant for Cloud Financial Planning & Analysis Solutions in 2017, 2018, 2019 and 2020. [5]
In 2006, Anaplan was founded by Guy Haddleton, Sue Haddleton, and Michael Gould in Yorkshire, England. [6]
In 2012, Anaplan brought on Frederic Laluyaux as CEO. [7] Laluyaux eventually left the company four years later in April 2016. [8]
A year after Laluyaux became CEO, Anaplan acquired its reseller Vue Analytics in U.K. for an undisclosed amount. [9]
In May 2014, Anaplan introduced its marketplace, Anaplan Hub. [10] Using the marketplace, customers can share and find pre-designed planning models. [10]
After multiple rounds of funding, to assist with going public, the company hired James Budge as its chief financial officer. [11] In 2016, Anaplan had over 480 customers in 20 countries. [11] [12]
In April 2016 Anaplan acquired data analytics brand Chartcube. [13]
In January 2017 Anaplan appointed Frank A. Calderoni as CEO. [14] Calderoni took the company public on October 12, 2018, with Anaplan being listed on the NYSE under the ticker symbol PLAN. [15]
In August 2019, Anaplan announced plans to acquire Mintigo, an Israeli-founded predictive marketing and sales analytics company. [16] In November, the company was named to Deloitte Technology Fast 500. [17]
In March 2022, the private equity firm Thoma Bravo announced a definitive agreement to purchase Anaplan for $10.7 billion. [18] The deal closed in June 2022. [19] Thoma Bravo renegotiated the deal to $10.4 billion, stating that Anaplan had breached the merger agreement by overpaying new workers, although commentators linked the renegotiation to the broader market downturn. [20] [21]
Also in 2022, Anaplan announced the acquisition of the applications division from existing partner Vuealta. [22]
In June 2023, Anaplan began a round of major layoff, ranging from 119 to 500 employees. [23]
Anaplan raised its first venture capital funding within a year of its first sales in 2010. [24] In 2012, the company raised $11.4 million in Series B financing from investors that included Granite Ventures and Shasta Ventures. [25]
Then, in 2014, the company’s Series D funding raised $100 million from new and existing investors including DFJ Growth, Workday, and Shasta Ventures. [10] In 2016, Anaplan raised $90 million and became the second UK-founded company to achieve a $1 billion valuation. [26]
Premji Invest led the fundraising, and was joined by Baillie Gifford, Founders Circle Capital, Harmony Partners, and Anaplan's then-current investors. [26] As of January 2016, Anaplan had raised a total of $240 million in five funding rounds. [26]
Anaplan's Hyperblock technology is a patented in-memory database and calculation engine for business planning. [27] [28] [29]
In November 2014, Anaplan announced the launch of the Anaplan App Hub for business planning applications. [30]
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