Company type | Public |
---|---|
| |
Industry | Software |
Founded | 2003 |
Founders |
|
Headquarters | Denver, Colorado, U.S. |
Key people | |
Products |
|
Revenue | US$2.23 billion (2023) |
US$120 million (2023) | |
US$217 million (2023) | |
Total assets | US$4.52 billion (2023) |
Total equity | US$3.56 billion (2023) |
Number of employees | 3,735 (2023) |
Website | palantir.com |
Footnotes / references [1][2] |
Palantir Technologies Inc. is a public American company that specializes in software platforms[3] for big data analytics. Headquartered in Denver, Colorado, it was founded by Peter Thiel,[4] Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp in 2003. The company's name is derived from The Lord of the Rings where the magical palantíri were "seeing-stones," described as indestructible balls of crystal used for communication and to see events in other parts of the world.[5]
The company has three main projects: Palantir Gotham, Palantir Apollo, and Palantir Foundry. Palantir Gotham is an intelligence and defense tool used by militaries and counter-terrorism analysts. Its customers included the United States Intelligence Community (USIC) and United States Department of Defense.[6] Their software as a service (SaaS) is one of five offerings authorized for Mission Critical National Security Systems (IL5) by the U.S. Department of Defense.[7][8] Palantir Foundry is used for data integration and analysis by corporate clients such as Morgan Stanley, Merck KGaA, Airbus, Wejo, Lilium, PG&E and Fiat Chrysler Automobiles.[9] Palantir Apollo is a platform to facilitate continuous integration/continuous delivery (CI/CD) across all environments.[10][11]
Palantir's original clients were federal agencies of the USIC. It has since expanded its customer base to serve both international as well state and local governments, and also to private companies.[12]
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