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Developer of an AI-based commercial insurance data platform designed for underwriting commercial insurance. The company's platform specializes in pre-filling the majority of answers accurately and quickly in ACORD forms to prevent fraud, mistakes and ultimately reduce loss ratios by making underwriting a more efficient process, using artificial intelligence, big data and image processing, enabling insurers to onboard new businesses and streamline renewals in one click.
Last updated
In 2024, Planck's revenue reached $3.8M. The company previously reported $1.8M in 2023. Since its launch in 2016, Planck has shown consistent revenue growth.
Planck has not publicly disclosed its valuation. The company has raised $48M in total funding to date.
Planck has raised $48M in total funding across 3 rounds, with its most recent round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Funding round | $20M | - | - | |
| 2020 | Funding round | $16M | - | - | |
| 2018 | Funding round | $12M | - | - |
CEO
Serial entrepreneur with an in-depth expertise in machine learning and big data. Nation-wide recognized researcher with a strong academic background. Former Lead Architect of the Salesforce Einstein platform, and former founder of BlueTail (acquired by Salesforce).
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
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| Advice for 20 year old self | - |
We do not have customer count information for Planck yet.
Planck employs approximately 80 people as of 2026.
Planck generates an estimated $3.8M in annual revenue.
Planck was founded by Elad Tsur.
The CEO of Planck is Elad Tsur.
Planck raised $48M across 3 rounds.
Planck has 80 employees.
Planck is headquartered in New York, New York, United States.
Planck operates across multiple industries. Browse revenue, funding, and growth data for Planck in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$3.8M(Est.)
Funding
$48M
Team
80
Founded
2016
| Year | Milestone | Source |
|---|---|---|
| 2024 | Planck Hit $3.8m revenue in October 2024 | Estimated |
| 2023 | Planck Hit $1.8m revenue in October 2023 | Estimated |
| 2021 | Planck Hit $1.6m revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 80 employees (October 2024) | |
| 2023 | Reached 80 employees (October 2023) | |
| 2022 | Reached 91 employees (October 2022) | |
| 2021 | Reached 86 employees (December 2021) | |
| 2021 | Reached 56 employees (April 2021) |
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