When was Planck founded?

Planck was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Planck located?

Planck is headquartered in New York City, United States. It is registered at 5TH FLOOR INVICTA HOUSE, TRAFALGAR PLACE,TRAFALGAR PLACE,BRIGHTON,UNITED KINGDOM,BN1 4FR.

Who is the current CEO of Planck?

Elad Tsur of Planck. They are also an angel investors in 1 startup.

How many employees does Planck have?

As of Jun 30, 2026, the latest employee count at Planck is 78.

Is Planck a funded company?

Planck is a funded company, having raised a total of $72.6M across 6 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 03, 2018.

How much is Planck worth?

The last known valuation of Planck was $***** as of Feb 13, 2024.

When was the latest funding round of Planck?

Planck's latest funding was a $***** Series D round on Feb 13, 2024, with participation from 0 investor. Its primary sector is RegTech. In United States, the RegTech sector has seen $632M in funding in 2026 to date.

Where does Planck rank among its competitors?

Planck ranks 68th amongst 643 active competitors, of which 135 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Bestow, which secured $75M in May, 2025.

Who are the top competitors of Planck?

Planck's top competitors include Guidewire, Sedgwick and Duck Creek. Among them, Bestow secured the most recent funding round in May, 2025.

Planck - 2026 Company Profile, Team, Funding & Competitors

Planck is an acquired company based in New York City (United States), founded in 2016 by Elad Tsur and David Schapiro. It operates as a Provider of GenAI-powered risk insights and underwriting solutions for commercial insurance. Planck has raised $72.6M in funding from investors like Vintage Investment Partners, Arbor Ventures and Team8, with last known valuation of $*****. The company has 643 active competitors, including 135 funded and 111 that have exited. Its top competitors include companies like Guidewire, Sedgwick and Duck Creek.

Company Details

Provider of GenAI-powered risk insights and underwriting solutions for commercial insurance. It offers a platform that leverages generative AI to analyze business risk, classify businesses, and provide insights for underwriting. The platform offers data and classifications, a risk workbench, and a chat interface to assist underwriters in risk assessment and decision-making. It provides solutions for streamlining underwriting processes, improving data accuracy, and uncovering potential risks. The company's solutions are designed for enterprise-level integration across the insurance continuum, from lead generation to policy monitoring.

Website: www.planckdata.com/
Social
Email ID: *****@planckdata.com
Phone Number: +1 **********
Registered Address: 5TH FLOOR INVICTA HOUSE, TRAFALGAR PLACE,TRAFALGAR PLACE,BRIGHTON,UNITED KINGDOM,BN1 4FR

Key Metrics

Founded Year

2016

Location

New York City, United States

Stage

Acquired

Total Funding

$72.6M in 6 rounds

Latest Funding Round

Series D, Feb 13, 2024, $*****

Last Known Valuation

$***** as on Feb 13, 2024

Investors

Vintage Investment Partners & 12 more

Ranked

68^th among 643 active competitors

Employee Count

78 as on Jun 30, 2026

Similar Companies

Certa & 2110 more

Exit Details

Acquired by Applied (Jul 23, 2024)

View Planck's full profile

Planck is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PLANCK RE, INC. CIN: 32070434090 , United States, Active	Apr 26, 2019	-	-	-
APPLIED SYSTEMS INDIA PRIVATE LIMITED CIN: U64202KA2003PTC032232 , India, Active	Jul 10, 2003	₹50 - ₹100 Cr (As on Mar 31, 2025)	-
APPLIED SYSTEMS EUROPE LIMITED CIN: 3764705 , United Kingdom, Active	May 04, 1999	-	-
ASE SOFTWARE IRELAND LIMITED CIN: 350292 , Germany, Active	Nov 19, 2001	-	2 (As on Apr 30, 2021)
PLANCK RE, INC. CIN: 001t000000hJfltAAC , United States, Active	Jun 10, 2021	-	-	-
Planck Re, Inc. CIN: 20211543216 , United States, Deadpooled	Jun 10, 2021	-	-	-

Planck got acquired by Applied on Jul 23, 2024.

Click here to take a look at Planck's acquisition in detail

Planck has raised a total funding of $72.6M over 6 rounds. Its first funding round was on Jul 03, 2018. Planck has 13 institutional investors.

Here is the list of recent funding rounds of Planck:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 13, 2024	4197282	Series D	7237536	4402315	8269368	7321531
Apr 12, 2023	4141935	Series D	6637957	1450671	5755881	4761322
Sep 14, 2022	7525539	Series D	5671852	8124155	Vintage Investment Partners	Team8 & 6 more

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View details of Planck's funding rounds and investors

The founders of Planck are Elad Tsur and David Schapiro.

Here are the details of Planck's key team members:

Elad Tsur: Co-Founder & CEO of Planck and founder of 1 other company. They are also an angel investor in 1 startup.
David Schapiro: Co-Founder of Planck and founder of 1 other company.

View details of Planck's Founder profiles and Board Members

Planck's employee count trend

Planck has 78 employees as of Jun 26. Here is Planck's employee count trend over the years:

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Top competitors of Planck include Guidewire, Sedgwick and Duck Creek. Here is the list of Top 10 competitors of Planck, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Guidewire 2001, San Mateo (United States), Public	Cloud-based platform for property and casualty insurance	-	Battery Ventures, Sprout Capital Partners ... & 7 others	77/100
2nd	Sedgwick 1969, Memphis (United States), Acquired	Provider of claims administration, loss adjusting, and benefits management services	$2.63M	Stone Point Capital, Altas & 11 others	76/100
3rd	Duck Creek 2000, Boston (United States), Acquired	Provider of cloud-based solutions for property and casualty and general insurance	$350M	Dragoneer Investment Group, Temasek & 9 others	71/100
4th	FintechOS 2017, London (United Kingdom), Series B	Provider of AI-based software suite for the banking and insurance industry	$146M	Gapminder, Draper Esprit & 12 others	68/100
5th	Bestow 2016, Dallas (United States), Series D	Developer of life insurance new business and administration software platform solutions	$216M	Valar Ventures, New Enterprise Associates ... & 11 others	68/100
6th	Insurity 1985, Hartford (United States), Acquired	AI and cloud-based policy management and claims administration solutions	$57M	Arch Venture Partners, General Atlantic & 2 others	67/100
7th	iPipeline 1995, Exton (United States), Acquired	Cloud-based software suite for life insurance and financial services industry	$104M	TCV, Fidelity Ventures & 3 others	67/100
8th	Shift Technology 2014, Paris (France), Series D	Provider of AI solutions for insurance underwriting, claims, and risk	$320M	Accel, Bessemer Venture Partners & 15 others	67/100
9th	Bold Penguin 2016, Columbus (United States), Acquired	Software suite for the commercial insurance industry	$50.1M	Hudson Structured, Pivot Ventures & 8 others	66/100
10th	OneShield 1999, Marlborough (United States), Series E	Cloud-based insurance policy and claims management solutions for the p&c insurance industry	$52.5M	Pacific Lake Partners, Bain Capital Credit ... & 12 others	65/100
68th	Planck 2016, New York City (United States), Acquired	Provider of GenAI-powered risk insights and underwriting solutions for commercial insurance	$72.6M	Viola Group, Vintage Investment Partners ... & 11 others	53/100