| Anaplan, Inc. | |
| Type: | Private |
| Owner: | Thoma Bravo |
| Traded As: | (2018–2022) |
| Industry: | Enterprise Performance Management, Software Company |
| Num Locations: | 13 countries |
| Area Served: | Worldwide |
| Num Employees: | 2,200+ (Jan 2022) |
| Revenue: | [1] |
| Products: | Anaplan Platform |
| Founded: | in Yorkshire, England |
| Location: | Miami, Florida |
Anaplan is a business planning software company headquartered in Miami, Florida. 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, 2020, and 2023.[5]
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 four 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]
In May 2014, Anaplan introduced its marketplace, Anaplan Hub.[10] Using the marketplace, customers can share and find pre-designed planning models.
After multiple rounds of funding, to assist with going public, the company hired James Budge as its chief financial officer.[11] In 2016, Anaplan had over 480 customers in 20 countries.[12]
In April 2016 Anaplan acquired data analytics brand Chartcube.[13]
In January 2017 Anaplan appointed Frank A. Calderoni as CEO.[14] Calderoni took the company public on October 12, 2018, with Anaplan being listed on the NYSE under the ticker symbol PLAN.[15]
In August 2019, Anaplan announced plans to acquire Mintigo, an Israeli-founded predictive marketing and sales analytics company.[16] In November, the company was named to Deloitte Technology Fast 500.[17]
In March 2022, the private equity firm Thoma Bravo announced a definitive agreement to purchase Anaplan for $10.7 billion.[18] The deal closed in June 2022.[19] 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.[20] [21]
Also in 2022, Anaplan announced the acquisition of the applications division from existing partner Vuealta.[22]
In June 2023, Anaplan began a round of major layoff, ranging from 119 to 500 employees.[23]
Anaplan raised its first venture capital funding within a year of its first sales in 2010.[24] In 2012, the company raised $11.4 million in Series B financing from investors that included Granite Ventures and Shasta Ventures.[25]
Then, in 2014, the company’s Series D funding raised $100 million from new and existing investors including DFJ Growth, Workday, and Shasta Ventures. In 2016, Anaplan raised $90 million and became the second UK-founded company to achieve a $1 billion valuation.[26]
Premji Invest led the fundraising, and was joined by Baillie Gifford, Founders Circle Capital, Harmony Partners, and Anaplan's then-current investors. As of January 2016, Anaplan had raised a total of $240 million in five funding rounds.
Anaplan's Hyperblock technology is a patented in-memory database and calculation engine for business planning.[27] [28] [29]
In November 2014, Anaplan announced the launch of the Anaplan App Hub for business planning applications.[30]