Anaplan
Company type | Private |
---|---|
| |
Industry | Enterprise Performance Management, Software Company |
Founded | 2006Yorkshire, England | in
Founder |
|
Headquarters | Miami, Florida |
Number of locations | 13 countries |
Area served | Worldwide |
Key people |
|
Products | Anaplan Platform |
Revenue | US$592.2 million (2022)[1] |
Owner | Thoma Bravo |
Number of employees | 2,200+ (Jan 2022) |
Website | www |
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]
History
[edit]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]
Recent history
[edit]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] In 2016, Anaplan had over 480 customers in 20 countries.[11][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]
Funding
[edit]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.[10] 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.[26] As of January 2016, Anaplan had raised a total of $240 million in five funding rounds.[26]
Technology
[edit]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]
References
[edit]- ^ "Anaplan, Inc. Annual Report for fiscal year ending January 31, 2022 (Form 10-K)". U.S. Securities and Exchange Commission. 23 March 2022.
- ^ DeFrancesco, Robert. "Anaplan A Growing Threat As It Shakes Up Business Planning". Forbes. Retrieved 2019-10-18.
- ^ 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.
- ^ "Twelve Consulting scoops Anaplan's Partner Award for the Americas". www.consulting.us. 8 February 2019. Retrieved 22 March 2022.
- ^ "Anaplan Recognized as a Leader in 2020 Gartner Magic Quadrant for Sales Performance Management". SalesTech Star. 24 February 2020. Retrieved 22 March 2022.
- ^ "FSN interviews Guy Haddleton, CEO Anaplan". fsn.co.uk. FSN Publishing Limited. 2011-03-14. Retrieved 2016-12-20.
- ^ 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.
- ^ "FSN ~ BI, BPM & CPM ~ FSN Interviews Frederic Laluyaux, CEO Anaplan". Archived from the original on 2013-11-06. Retrieved 2013-11-11.
- ^ Nusca, Andrew. "Anaplan acquires reseller Vue Analytics; taps SAP Europe vet – ZDNet". ZDNet.
- ^ a b c "Anaplan Rakes in $100M In Series D Funding And Announces Anaplan Hub". TechCrunch. 13 May 2014. Retrieved 2020-08-28.
- ^ 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.
- ^ Henschen, Doug. "Anaplan scales platform, prepares for prediction, addresses CEO departure". ZDNet. Retrieved 2020-09-03.
- ^ https://medium.com/@deepakalur/adieu-anaplan-186c5577d3c1
- ^ "Anaplan hires CEO ahead of U.S. software firm's 2017 IPO". Reuters. 2017-01-10. Retrieved 2017-02-09.
- ^ "Those who invested in Anaplan (NYSE:PLAN) three years ago are up 178%". NASDAQ.
- ^ Research, Forrester. "Anaplan doubles down on predictive with Mintigo acquisition". ZDNet. Retrieved 2020-09-25.
- ^ 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) - ^ "Anaplan acquired by Thoma Bravo in $10.7bn deal". www.channelweb.co.uk. 2022-03-21. Retrieved 2022-03-21.
- ^ "Thoma Bravo completes Anaplan acquisition". www.privateequitywire.co.uk. 2022-06-23. Retrieved 2022-06-23.
- ^ "Thoma Bravo seizes on pay issue to lower Anaplan buyout price". Financial Times. 2022-06-12. Retrieved 2022-06-18.
- ^ Hu, Krystal (2022-06-07). "Thoma Bravo's renegotiated deal has U.S. investors wondering who's next". Reuters. Retrieved 2022-06-18.
- ^ https://www.enterprisetimes.co.uk/2022/12/22/has-anaplan-started-an-acquisition-spree/
- ^ "Software giant Anaplan begins layoffs after Thoma Bravo's $10.4B buyout deal". 2023-06-23. Retrieved 2023-06-27.
- ^ "Michael Gould, From Anaplan". Financial Times. 23 June 2015. Retrieved 2020-10-02.
- ^ "Anaplan Closes on $11.4M". pehub.com. PE Hub Network. 2012-01-19. Retrieved 2016-12-22.
- ^ a b c "Anaplan becomes UK's latest tech unicorn". Financial Times. 14 January 2016. Retrieved 2020-10-08.
- ^ Bateman, Kayleigh (2 August 2013). "Taylor Wimpey builds cloud forecasting process with Anaplan". ComputerWeekly.com. Retrieved 22 March 2022.
- ^ Snider, Emma. "What is Anaplan ? - Definition from WhatIs.com". techtarget.com. Retrieved 22 March 2022.
- ^ "Fidenda | Anaplan for Connected Planning EPM". Fidenda. Retrieved 22 March 2022.
- ^ "Anaplan App Hub Wants To Bring Open-Source Sharing Ethos to Financial Planners". TechCrunch. Retrieved 22 March 2022.
External links
[edit]- Historical business data for Anaplan:
- SEC filings
- Organizational performance management
- Business intelligence companies
- Business planning
- Financial services companies based in California
- Companies formerly listed on the New York Stock Exchange
- 2018 initial public offerings
- Software companies based in the San Francisco Bay Area
- Software companies established in 2006
- 2006 establishments in England
- 2022 mergers and acquisitions
- Private equity portfolio companies