Palantir Now Valued at $20bn

Palantir Technologies, the secretive data and analytics company, is reportedly raising $500m at a $20bn valuation.  This round would make the company the third most valuable startup in the United States behind Uber and Airbnb.  Palantir was valued at $9bn in December 2013 and was reported to be worth $15bn late last year.  Current investors in Palantir include Founders Fund, 137 Ventures, Glynn Capital Management, Tiger Global Management and Reed Elsevier Ventures.

Palantir is a member of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired.  The current IPO Watchlist is comprised of 106 companies organized by investment theme.