Planet Labs has raised a total of $160.1 million in funding across 4 disclosed rounds.[1] I'm going to assume there was also an angel round. Here is some (super

Planet Labs has raised a total of $160.1 million in funding across 4 disclosed rounds.[1] I'm going to assume there was also an angel round. Here is some (super) rough math: | Round | $ in MM | post-$ | non-VC % | |-----------|----------|----------|----------| | Founding | - | - | 100 | | Angel | 1 | 10 | 90 | | Series A | 13.1 | 50 | 75 | | Series B | 52 | 225 | 58 | | Series C | 118 | 550 | 45 | Note this announcement is the "second closing" of the 95MM Series C from January[2], which means the terms are very likely identical. The WSJ reported the Series C valuation as "materially above" 500 million.[3] I picked these valuations out of thin air. The only "standard" thing I've seen is that most VC funds are structured for 20% minimum stake in Series A rounds. Later-stage rounds often target less ownership. The above calculation doesn't take into account any stock for employees. With that, I'd estimate the founders still collectively own about 30-35% of the company. This could also be totally wrong, since I have no idea what the real numbers are. But as an exercise, you get the idea. :) [1] https://www.crunchbase.com/organization/planet-labs https://www.crunchbase.com/organization/planet-labs [2] http://techcrunch.com/2015/01/20/planet-labs-95m/ http://techcrunch.com/2015/01/20/planet-labs-95m/ [3] http://blogs.wsj.com/venturecapital/2015/01/23/data-collective-tapped-its-new-growth-fund-for-planet-labs-deal/ http://blogs.wsj.com/venturecapital/2015/01/23/data-collecti...