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Planck Revenue & Funding (2024)

Planck generated an estimated $3.8M in annual revenue in 2024. Source: GetLatka estimate

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.

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Planck Revenue

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 Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$1M$2M$3M$4M$5M201620172018201920202021202220232024$0$1.6M$1.8M$3.8MSource: GetLatka.com
YearMilestoneSource
2024Planck Hit $3.8m revenue in October 2024Estimated
2023Planck Hit $1.8m revenue in October 2023Estimated
2021Planck Hit $1.6m revenue in April 2021Not recorded
2016Launched with $0 revenue

Planck Valuation, Funding Rounds

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.

Planck Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$12.5M$0.4$25M$0.6$37.5M$0.8$50M$1$62.5M201620172018201920202021Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2021Funding round$20M--Not recorded
2020Funding round$16M--Not recorded
2018Funding round$12M--Not recorded

Founder / CEO

Elad Tsur

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).

Planck Employees & Team Size

Planck employs approximately 80 people as of 2026.

Planck Team GrowthReported headcount over time020406080100201620172018201920202021202220232024008080Source: GetLatka.com
YearMilestoneSource
2024Reached 80 employees (October 2024)Not recorded
2023Reached 80 employees (October 2023)Not recorded
2022Reached 91 employees (October 2022)Not recorded
2021Reached 86 employees (December 2021)Not recorded
2021Reached 56 employees (April 2021)Not recorded

Frequently Asked Questions about Planck

What is Planck's revenue?

As of 2024, Planck generated an estimated $3.8M in annual revenue.

Who founded Planck?

Planck was founded by Elad Tsur.

When was Planck founded?

Planck was founded in 2016.

Who is the CEO of Planck?

The CEO of Planck is Elad Tsur.

How much funding does Planck have?

Planck raised $48M across 3 rounds.

How many employees does Planck have?

As of 2024, Planck had 80 employees.

Where is Planck headquartered?

Planck is headquartered in New York, New York, United States.

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Data and Sources

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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