PlanetOut, Inc.
Connecting the global LGBT community with a trusted platform that empowers and unites through shared experiences and exclusive membership benefits.
Connecting the global LGBT community with a trusted platform that empowers and unites through shared experiences and exclusive membership benefits.
PlanetOut, Inc. is a leading online media company dedicated to serving the LGBT community, an audience with a substantial annual buying power in the United States reaching $485 billion. Its flagship websites, Gay.com and PlanetOut, facilitate global connections within the LGBT community, boasting significant online engagement according to Nielsen NetRatings. The company generates revenue through premium membership subscriptions available in multiple languages, as well as through targeted online advertising and e-commerce. PlanetOut, Inc. secured a $8.20M Series D investment on 10 May 2001, with participation from notable investors including Chiratae Ventures, Baroda Ventures, Flatiron Partners, and JPMorgan Partners. With a solid track record and a loyal user base, PlanetOut, Inc. maintains a strong position in the Entertainment and Social Media industries.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series D | $8.20M | 4 |
|
10 May 2001 |
| Series C | $10.00M | 4 |
|
21 Sep 2000 |
| Series B | $16.40M | 2 | Mark Crumpacker, Mayfield Fund | 28 Sep 1999 |
| Series A | $3.00M | - | 04 Sep 1996 |
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