Planet42
Provider of rent-to-buy vehicle rental services
Location: South Africa
Website: https://planet42.com/
Sector: Fintech
Funding Stage: Seed, Debt, Debt, Venture Round, Venture Round, Debt, Debt,
Total Funding ($m): 171.4
# of Founders: 2
Founding Year: 2017
Funding Year: 2024
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2020 | $2.4m | Seed | Change Ventures, Startup Wise Guys, Angel investors |
| 2020 | $10m | Debt | Lendable |
| 2021 | $13m | Debt | n.a |
| 2021 | $30m | Venture Round | Naspers Foundry, Change Ventures, Startup Wise Guys, and Angel Investors |
| 2023 | $15m | Venture Round | Naspers Foundry, ARS Holdings, Rivonia Road Capital |
| 2023 | $85m | Debt | Rivonia Road Capital |
| 2024 | $16m | Debt | Standard Bank |
Seed $2.4m
Change Ventures, Startup Wise Guys, Angel investorsDebt $10m
LendableDebt $13m
n.aVenture Round $30m
Naspers Foundry, Change Ventures, Startup Wise Guys, and Angel InvestorsVenture Round $15m
Naspers Foundry, ARS Holdings, Rivonia Road CapitalDebt $85m
Rivonia Road CapitalDebt $16m
Standard BankNews
https://techpoint.africa/2024/03/11/planet42-secures-funding-standard-bank/