Asset Manager

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Palantir Technologies Inc.

Palantir Technologies Inc. is a asset manager based in Denver, founded 2003; the Altss profile covers its classification, headquarters, registration, AUM band,...

Palantir Technologies Inc.

We build software that empowers organizations to effectively integrate their data, decisions, and operations.

General information

Firm type

Asset Manager

Year founded

2003

Location

Region

North America

Country

United States

City

Denver

Corporate office

Denver, CO, United States

Principals

Alexander Karp

CEO

Shyam Sankar

CTO

Stephen Cohen

President

Sector focus

Enterprise SoftwareAI/MLCybersecurityIndustrial TechDefense & Government

Frequently asked questions

How does Palantir generate revenue?

Palantir generates revenue primarily through multiyear subscription contracts for its Gotham and Foundry platforms. Contracts typically range from $500,000 to tens of millions per year. The company also earns revenue from professional services and performance-based warrants or equity stakes tied to client milestones (per company SEC filings, 2024).

Who are Palantir’s primary clients?

Palantir serves government clients, including the U.S. Army, CIA, and NHS England, as well as commercial enterprises such as BP and Airbus (per company disclosures, 2024). The company has over 200 active customers across defense, healthcare, energy, and manufacturing sectors.

Does Palantir operate as an investment firm or a software vendor?

Palantir is an enterprise software vendor, not an asset manager or family office. It does not manage third-party capital or invest in external funds. The company's business model is built around selling software subscriptions and related services.

What is the relationship between Palantir and the CIA?

The CIA's venture arm, In-Q-Tel, was an early investor in Palantir in 2004. The investment provided both capital and a pathway to government contracts. Palantir has since expanded beyond government into commercial sectors, but the CIA remains a client.

How has Palantir performed since its public listing?

Palantir went public via direct listing on the NYSE on September 30, 2020. As of March 2025, the company reported total revenue of $2.9 billion for fiscal 2024 and has been GAAP-profitable since the second quarter of 2023 (per company earnings reports). Its share price has experienced significant volatility.

What is Palantir's political and ethical posture?

Palantir emphasizes data-driven decision-making and has faced criticism over privacy and civil liberties concerns from its work with government agencies. The company funds an independent philanthropic foundation, the Palantir Foundation, which focuses on technology ethics and civil rights initiatives.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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