Inside Palantir: From 2003 to Now Into a $2.6 billion business
Founders: Peter Thiel, Alex Karp, Joe Lonsdale, Stephen Cohen
Founded Year: 2003
Investors: Founders Fund, In-Q-Tel, SOMPO Holdings
Funding Raised: $2.6 billion
What Is the business model of Palantir?
Developer of big data analytics software for governments and enterprises, primarily selling its platforms via large contracts for intelligence, defense, and financial analytics projects
How Palantir got started?
Co-founded with early investment from the CIA’s venture arm to apply PayPal’s fraud-detection algorithms to national security, built its first products for U.S. counterterrorism agencies
what growth strategy has Palantir followed?
Secured deep ties in government sectors to fuel steady growth, then broadened into commercial markets with its Foundry platform, leveraging its reputation for cutting-edge data analysis to win major corporate clients
what are the top products/features of Palantir
Palantir Gotham, Palantir Foundry, Palantir Apollo
what was the biggest challenge faced by Palantir?
Frequent controversy over its secretive work with government surveillance and immigration enforcement, prompting public criticism and employee protests over its contracts with agencies like ICE