Anaplan

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Anaplan, Inc.
TypePublic
NYSE: PLAN
Russell 2000 Index component
IndustryEnterprise Performance Management, Software Company
Founded2006 in Yorkshire, England
FounderGuy Haddleton
Sue Haddleton
Michael Gould
HeadquartersSan Francisco, California
Number of locations
13 countries
Area served
Worldwide
Key people
  • Frank Calderoni, Chief Executive Officer
  • Vikas Mehta, Chief Financial Officer
ProductsAnaplan Platform
RevenueIncrease $348 Million (fiscal year ended Jan 31st, 2020)[1]
Number of employees
1,900 (Dec 2020)[2]
Websitewww.anaplan.com

Anaplan is a planning software company headquartered in San Francisco, California. Anaplan sells subscriptions for cloud-based business-planning software and provides data for decision-making purposes.[3][4]

History[]

In 2006, Anaplan was founded by Guy Haddleton, Sue Haddleton, and Michael Gould in Yorkshire, England.[5]

In 2012 Anaplan brought on Frederic Laluyaux as CEO.[6] Laluyaux left the company in April 2016.[7]

In February 2013 Anaplan acquired its reseller Vue Analytics in U.K. for an undisclosed amount.[8] Anaplan closed its Series C funding in March 2013 with a $33M investment from Meritech, Shasta Ventures, Granite Ventures, Salesforce.com, and additional private investors.[9]

At its Hub 2014 conference in San Francisco, Anaplan announced that it has completed a Series D round of $100 million in financing, bringing total investment in the company to $150 million.[10]

Recent history[]

In May 2014, Anaplan introduced its marketplace, Anaplan Hub.[11] Using the marketplace, customers can share and find pre-designed planning models.[11] At the time the company had eleven offices in seven countries.[12] Another round of funding was announced in January 2016, amounting to $90 million, along with confirmation of Anaplan's status as a tech "unicorn," with a valuation of over $1 billion.[13][14][15] CEO Laluyaux announced that it would be the last private round of funding prior to an IPO in the “not-too-distant future”.[16] To assist with going public, the company hired James Budge as its Chief Financial Officer.[13] At the time, Anaplan had over 480 customers in 20 countries.[13][17]

In January 2017 Anaplan appointed Frank A. Calderoni to be CEO.[18] Calderoni took the company public in 2018 with Goldman Sachs and Morgan Stanley as the lead underwriter. On October 12, 2018, Anaplan listed with NYSE for public trading under the ticker symbol PLAN.[citation needed] Also in 2018, Anaplan appointed Simon Tucker as Chief Planning Officer (CPO).[19] He was previously the Chief Customer Officer, and was moved to the newly created position of CPO to reshape the planning process as a core business capability.[19]

In August 2019, Anaplan announced plans to acquire Mintigo, an Israeli-founded predictive marketing and sales analytics company.[20] In November, the company was named to Deloitte Technology Fast 500.[21]

Anaplan at NYSE

Funding[]

Anaplan raised its first venture capital funding within a year of its first sales in 2010.[22] In 2012, the company raised $11.4 million in Series B financing from investors that included Granite Ventures and Shasta Ventures.[23]

Then, In 2014, the company’s Series D funding raised $100 million from news and existing investors including DFJ Growth, Workday, and Shasta Ventures.[24] In 2016, Anaplan raised $90 million and became the second UK-founded company to achieve a $1 billion valuation.[25]

Premji Invest led the fundraising, and was joined by Baillie Gifford, Founders Circle Capital, Harmony Partners, and Anaplan’s then-current investors.[25] As of January 2016, Anaplan had raised a total of $240 million in five funding rounds.[25]

On October 2018, Anaplan went public at New York Stock Exchange under ticker NYSE:PLAN. This successful IPO made company raise $263.5 million on day 1, making Anaplan valuation of $3 billion.

As of January 2021, Anaplan market cap is above $10 billion.

Products[]

Anaplan sells its cloud-native SaaS platform to optimize business planning and performance management in functions including finance, sales, supply chain, workforce and marketing.[26][27][28] Its planning tools can be used for budgeting, forecasting, modeling, pricing optimization, analysis, and other planning and management tasks.[29] In September 2020, Anaplan began offering its enterprise and business performance software on Google Cloud.[30][31]

Technology[]

Anaplan's Hyperblock architecture is a hybrid of relational, vertical, and OLAP databases with an in-memory data store multi-threaded calculation engine.[32]

In November 2014 Anaplan announced the launch of the Anaplan App Hub, a community for Anaplan users to build, share, and deploy planning apps.[33]

References[]

  1. ^ "Anaplan Announces Fourth Quarter and Full Fiscal Year 2020 Financial Results".
  2. ^ "Anaplan: Number of Employees 2017-2021 | PLAN".
  3. ^ DeFrancesco, Robert. "Anaplan A Growing Threat As It Shakes Up Business Planning". Forbes. Retrieved 2019-10-18.
  4. ^ Chin, Maureen Farrell and Kimberly (12 October 2018). "Anaplan Shares Surge 43% in Debut, Shrugging Off Market Turmoil". Wall Street Journal. Retrieved 2019-10-18.
  5. ^ "FSN interviews Guy Haddleton, CEO Anaplan". fsn.co.uk. FSN Publishing Limited. 2011-03-14. Retrieved 2016-12-20.
  6. ^ Basich, Zoran (12 September 2012). "The Daily Start-Up: Aerohive Buzzes With $22.5M Led by IVP Amid Sweet Mobile Connectivity Demand". Wall Street Journal.
  7. ^ "FSN ~ BI, BPM & CPM ~ FSN Interviews Frederic Laluyaux, CEO Anaplan". Archived from the original on 2013-11-06. Retrieved 2013-11-11.
  8. ^ Nusca, Andrew. "Anaplan acquires reseller Vue Analytics; taps SAP Europe vet – ZDNet".
  9. ^ Rao, Leena. "Business Data Modeling And Planning Software Company Anaplan Raises $33M From Meritech, Shasta And Others".
  10. ^ "Anaplan Raises $100 Million in Series D Financing".
  11. ^ Jump up to: a b "Anaplan Rakes in $100M In Series D Funding And Announces Anaplan Hub". TechCrunch. Retrieved 2020-08-28.
  12. ^ "Anaplan opens York office in search of engineering talent". ComputerWeekly.com. Retrieved 2020-08-28.
  13. ^ Jump up to: a b c Miller, Ron (2016-01-14). "With $90 Million In New Funding And Unicorn Status, Anaplan Looks Ahead to IPO". techcrunch.com. TechCrunch. Retrieved 2016-12-22.
  14. ^ "Anaplan Valued at $1.1 Billion After $90 Million Pre-IPO Round". 14 January 2016 – via www.bloomberg.com.
  15. ^ Gage, Deborah (14 January 2016). "Anaplan Achieves $1.09 Billion Valuation With New Round". Wall Street Journal.
  16. ^ "With $90 Million In New Funding And Unicorn Status, Anaplan Looks Ahead to IPO". TechCrunch. Retrieved 2020-09-03.
  17. ^ Henschen, Doug. "Anaplan scales platform, prepares for prediction, addresses CEO departure". ZDNet. Retrieved 2020-09-03.
  18. ^ "Anaplan hires CEO ahead of U.S. software firm's 2017 IPO". Reuters. 2017-01-10. Retrieved 2017-02-09.
  19. ^ Jump up to: a b "Simon Tucker becomes Anaplan's first Chief Planning Officer". Information Age. 2018-06-22. Retrieved 2020-09-18.
  20. ^ Research, Forrester. "Anaplan doubles down on predictive with Mintigo acquisition". ZDNet. Retrieved 2020-09-25.
  21. ^ Releases, Business Wire News (2019-11-07). "Anaplan Ranked Among Fastest Growing Companies on Deloitte's 2019 Technology Fast 500™ | Financial Post". Retrieved 2020-03-27.
  22. ^ "Michael Gould, From Anaplan". FT. Retrieved 2020-10-02.
  23. ^ "Anaplan Closes on $11.4M". pehub.com. PE Hub Network. 2012-01-19. Retrieved 2016-12-22.
  24. ^ "Anaplan Rakes in $100M In Series D Funding And Announces Anaplan Hub". TechCrunch. Retrieved 2020-10-08.
  25. ^ Jump up to: a b c "Anaplan becomes UK's latest tech unicorn". FT. Retrieved 2020-10-08.
  26. ^ DeFrancesco, Robert. "Anaplan A Growing Threat As It Shakes Up Business Planning". Forbes. Retrieved 2020-11-18.
  27. ^ "Inventory System Makes Mama and Data Proud - Inbound Logistics". www.inboundlogistics.com. Retrieved 2020-11-18.
  28. ^ Novet, Jordan (2018-10-12). "Anaplan surges in market debut after rocky week for tech stocks". CNBC. Retrieved 2020-11-18.
  29. ^ DeFrancesco, Robert. "Anaplan A Growing Threat As It Shakes Up Business Planning". Forbes. Retrieved 2020-12-23.
  30. ^ Dignan, Larry. "Anaplan to run on Google Cloud as two companies forge deeper partnership". ZDNet. Retrieved 2020-11-18.
  31. ^ "Google brings Anaplan's business planning tools to its cloud platform". SiliconANGLE. 2020-09-22. Retrieved 2020-11-18.
  32. ^ "Taylor Wimpey builds cloud forecasting process with Anaplan".
  33. ^ Miller, Ron. "Anaplan App Hub Wants To Bring Open-Source Sharing Ethos to Financial Planners".

External links[]

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