Planet Soho

Company Overview

Snapshot

Founded in July 2009, Planet Soho operated with 11–50 employees, focusing on business management solutions. The company secured funding across three rounds from four investors, including Mangrove Capital Partners and Kima Ventures. In January 2012, Planet Soho received a significant vote of confidence for its small business management suite.

Business overview

Planet Soho provides a suite of web-based management tools designed for small office and home office businesses (SOHOs). Its core technology offers features such as automated invoicing, online business card creation, e-commerce store building, and various marketing and management tools. The company aims to foster a global microeconomy by enabling SOHOs to connect, collaborate, and access advantages typically reserved for larger enterprises, serving the business software sector globally.

Strategic signal

In October 2012, Planet Soho's platform, SohoOS, was reported to be nearing one million users, indicating strong market adoption and a significant milestone in its growth trajectory. This user base expansion signaled the company's potential to cross a critical chasm in the small business management software market, validating its approach to empowering SOHOs with comprehensive tools.

Company Intelligence Q&A

What was a key milestone for Planet Soho in late 2012?

In October 2012, Planet Soho's SohoOS platform approached nearly one million users, demonstrating significant growth and market penetration for its business management solutions.

When did Planet Soho receive a vote of confidence for its small business management suite?

In January 2012, Planet Soho's small business management suite received an $8 million vote of confidence, highlighting investor belief in its offerings.

Which investors participated in Planet Soho's January 2012 funding round?

In January 2012, Planet Soho received funding from investors including.

When did Planet Soho secure its initial seed funding?

In July 2010, Planet Soho secured seed funding from investors including.

What was the status of Planet Soho as of May 2021?

Planet Soho ceased to operate in May 2021, becoming a non-active company.