Palantir Fetching a Market Valuation of $22 Billion

Sep 25, 2020 ยท 1 min read
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From Crunchbase News:

Data and analytics software company Palantir is reportedly expecting to fetch a market valuation of around $22 billion after it completes a public market debut planned for next week.

The company has opted for a direct listing in lieu of a traditional IPO, and is reportedly expecting shares to price for around $10 apiece. At that price point, Palantir would be valued above its recent valuations in private markets.

What is Palantir About?

Founded in Palo Alto, California in 2003, the company recently moved its headquarters to Denver. It is one of the most heavily funded private, venture-backed companies, having raised at least $2.6 billion in known investment.

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