Planet Energy Corporation
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Planet Energy Corporation - overview
Established
2006
Location
Toronto, ON, Canada
Primary Industry
Power & Utilities
About
Planet Energy Corporation is a Canadian company that offers secure, managed web hosting services, primarily for WordPress users, focusing on small to medium-sized businesses and individuals. Founded in 2006 in Toronto, Canada, Planet Energy specializes in web hosting solutions. The company has not undergone any significant strategic pivots or changes since its inception. It has successfully completed one deal, with the most recent deal dated July 24, 2013.
Planet Energy specializes in providing fast, secure, and managed web hosting services tailored specifically for users of WordPress. Their core offerings include a user-friendly WordPress Website Builder, enabling users to design professional-quality websites without extensive technical expertise. This service meets the needs of small to medium-sized businesses, entrepreneurs, and individuals establishing an online presence. The company also provides additional services such as domain registration, domain transfers, SSL certificate installations, and various corporate services, primarily targeting customers in North America who require reliable and efficient web hosting solutions.
Planet Energy's revenue model is subscription-based, particularly for their managed WordPress hosting plans. Clients select from various hosting packages, starting from CAD 6. 99 per month, ensuring a steady revenue stream. Additional income is generated through supplementary services such as domain transfers and SSL certificate installations, catering to businesses and individuals who value professional website management and support.
Planet Energy is exploring future growth opportunities by expanding its product offerings and enhancing service capabilities. The company plans to launch new products aimed at improving user experience and performance in the coming year. Additionally, there are intentions to expand into new markets, particularly targeting clients in the United States by the end of 2024. The funding from the most recent deal, completed on July 24, 2013, is expected to support these initiatives, enabling the company to enhance its infrastructure and product development.
Primary Industry
Power & Utilities
Sub Industries
Electric Utilities
Website
www.planetenergy.ca
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Planet Energy Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Planet Energy Corporation | - |
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Planet Energy Corporation - employee data
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