Anaplan

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Anaplan, Inc.
Company typePrivate
Private
IndustryEnterprise Performance Management, Software Company
Founded2006; 18 years ago (2006) in Yorkshire, England
Founder
  • Guy Haddleton
  • Sue Haddleton
  • Michael Gould
HeadquartersSan Francisco, California
Number of locations
13 countries
Area served
Worldwide
Key people
  • Frank Calderoni (CEO)
  • Vikas Mehta (CFO)
ProductsAnaplan Platform
RevenueIncrease US$592.2 million (2022)[1]
OwnerThoma Bravo
Number of employees
2,200+ (Jan 2022)
Websitewww.anaplan.com

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]

History

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 4 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]

Recent history

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] As of 2016, Anaplan had over 480 customers in 20 countries.[11][12]

In January 2017 Anaplan appointed Frank A. Calderoni as CEO.[13] Calderoni took the company public on October 12, 2018, with Anaplan being listed on the NYSE under the ticker symbol PLAN.[14]

In August 2019, Anaplan announced plans to acquire Mintigo, an Israeli-founded predictive marketing and sales analytics company.[15] In November, the company was named to Deloitte Technology Fast 500.[16]

In March 2022, the private equity firm Thoma Bravo announced a definitive agreement to purchase Anaplan for $10.7 billion.[17] The deal closed in June 2022.[18] 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.[19][20]

Funding

Anaplan raised its first venture capital funding within a year of its first sales in 2010.[21] In 2012, the company raised $11.4 million in Series B financing from investors that included Granite Ventures and Shasta Ventures.[22]

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.[23]

Premji Invest led the fundraising, and was joined by Baillie Gifford, Founders Circle Capital, Harmony Partners, and Anaplan's then-current investors.[23] As of January 2016, Anaplan had raised a total of $240 million in five funding rounds.[23]

Technology

Anaplan's Hyperblock technology is a patented in-memory database and calculation engine for business planning.[24][25][26]

In November 2014, Anaplan announced the launch of the Anaplan App Hub for business planning applications.[27]

References

  1. ^ "Anaplan, Inc. Annual Report for fiscal year ending January 31, 2022 (Form 10-K)". U.S. Securities and Exchange Commission. 23 March 2022.
  2. ^ DeFrancesco, Robert. "Anaplan A Growing Threat As It Shakes Up Business Planning". Forbes. Retrieved 2019-10-18.
  3. ^ 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.
  4. ^ "Twelve Consulting scoops Anaplan's Partner Award for the Americas". www.consulting.us. 8 February 2019. Retrieved 22 March 2022.
  5. ^ "Anaplan Recognized as a Leader in 2020 Gartner Magic Quadrant for Sales Performance Management". SalesTech Star. 24 February 2020. Retrieved 22 March 2022.
  6. ^ "FSN interviews Guy Haddleton, CEO Anaplan". fsn.co.uk. FSN Publishing Limited. 2011-03-14. Retrieved 2016-12-20.
  7. ^ 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.
  8. ^ "FSN ~ BI, BPM & CPM ~ FSN Interviews Frederic Laluyaux, CEO Anaplan". Archived from the original on 2013-11-06. Retrieved 2013-11-11.
  9. ^ Nusca, Andrew. "Anaplan acquires reseller Vue Analytics; taps SAP Europe vet – ZDNet".
  10. ^ a b c "Anaplan Rakes in $100M In Series D Funding And Announces Anaplan Hub". TechCrunch. Retrieved 2020-08-28.
  11. ^ a b 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.
  12. ^ Henschen, Doug. "Anaplan scales platform, prepares for prediction, addresses CEO departure". ZDNet. Retrieved 2020-09-03.
  13. ^ "Anaplan hires CEO ahead of U.S. software firm's 2017 IPO". Reuters. 2017-01-10. Retrieved 2017-02-09.
  14. ^ "Those who invested in Anaplan (NYSE:PLAN) three years ago are up 178%". NASDAQ.
  15. ^ Research, Forrester. "Anaplan doubles down on predictive with Mintigo acquisition". ZDNet. Retrieved 2020-09-25.
  16. ^ 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. {{cite web}}: |first= has generic name (help)
  17. ^ "Anaplan acquired by Thoma Bravo in $10.7bn deal". www.channelweb.co.uk. 2022-03-21. Retrieved 2022-03-21.
  18. ^ "Thoma Bravo completes Anaplan acquisition". www.privateequitywire.co.uk. 2022-06-23. Retrieved 2022-06-23.
  19. ^ "Thoma Bravo seizes on pay issue to lower Anaplan buyout price". 2022-06-12. Retrieved 2022-06-18.
  20. ^ "Thoma Bravo's renegotiated deal has U.S. investors wondering who's next". 2022-06-07. Retrieved 2022-06-18.
  21. ^ "Michael Gould, From Anaplan". FT. Retrieved 2020-10-02.
  22. ^ "Anaplan Closes on $11.4M". pehub.com. PE Hub Network. 2012-01-19. Retrieved 2016-12-22.
  23. ^ a b c "Anaplan becomes UK's latest tech unicorn". FT. Retrieved 2020-10-08.
  24. ^ Bateman, Kayleigh (2 August 2013). "Taylor Wimpey builds cloud forecasting process with Anaplan". ComputerWeekly.com. Retrieved 22 March 2022.
  25. ^ Snider, Emma. "What is Anaplan ? - Definition from WhatIs.com". techtarget.com. Retrieved 22 March 2022.
  26. ^ "Fidenda | Anaplan for Connected Planning EPM". Fidenda. Retrieved 22 March 2022.
  27. ^ "Anaplan App Hub Wants To Bring Open-Source Sharing Ethos to Financial Planners". TechCrunch. Retrieved 22 March 2022.

External links

Retrieved from "https://en.wikipedia.org/w/index.php?title=Anaplan&oldid=1121026381"