Palantir’s mission is to solve the most important problems for the world’s most important institutions.
Palantir was co-founded in 2004 with Peter Thiel, the PayPal and Facebook billionaire and a handful of PayPal alumni and Stanford computer scientists. Since then Palantir has doubled in size every year while retaining early-stage values: a startup culture, strong work ethic, and rigorous hiring standards.
Palantir works in a variety of problem areas for various customers in both private and public sector, helping them answer questions like:
How do you prevent the next $65Bn ponzi scheme?
How do you take down human trafficking networks?
How can we help borrowers avoid foreclosure on a massive scale/stabilize housing?
How can you prevent fraud in Medicare?
Can you help governments save billions/identify ways to reduce spending?
Can you help scientists monitor the environment after the Deepwater Horizon Oil Spill?
How do you defend the IP of companies from cyber espionage by bad actors?
How can you help stop the genocide in the Sudan?
How can we help target gangs to end their violence?
Palantir Technologies offers a suite of software applications for integrating, visualizing, and analyzing information.
*Data from Crunchbase.com
Total Funding Amount $2,025,467,421
Nov, 2016 $19,999,995
Dec, 2015 $879,829,998
Dec, 2014 $50,000,000
Sept, 2014 $444,184,042
Feb, 2014 $111,306,601
Sept, 2013 $196,500,000
Dec, 2012 $4,080,266
Sept, 2012 $56,000,000
Oct, 2011 $68,000,000
May, 2011 $50,000,000
Dec, 2010 N/A
June, 2010 $90,000,000
April, 2009 $8,291,250
Feb, 2008 $36,752,410
Nov, 2011 $10,522,859
Aug, 2005 N/A SEED
Palantir Technologies was founded in 2003 by Peter Thiel and Alex Karp
Palantir Technologies is a mission-driven company, and a core component of that mission is protecting our fundamental rights to privacy and civil liberties. Since its inception, Palantir has invested its intellectual and financial capital in engineering technology that can be used to solve the world’s hardest problems while simultaneously protecting individual liberty. Robust privacy and civil liberties protections are essential to building public confidence in the management of data, and thus are an essential part of any information system that uses Palantir software.
A CORE ENGINEERING COMMITMENT
Some argue that society must “balance” freedom and safety, and that in order to better protect ourselves from those who would do us harm, we have to give up some of our liberties. We believe that this is a false choice in many areas. Particularly in the world of data analysis, liberty does not have to be sacrificed to enhance security. Palantir is constantly looking for ways to protect privacy and individual liberty through its technology while enabling the powerful analysis necessary to generate the actionable intelligence that our law enforcement and intelligence agencies need to fulfill their missions.
We believe that privacy and civil liberties-protective capabilities should be “baked in” to technology from the start rather than grafted onto it later as an afterthought. By seamlessly integrating these features into our software, we reduce user friction that might otherwise create incentives to try to work around these protections. With the right engineering, the technologies that protect against data misuse and abuse can be the same technologies that enable powerful data analysis.