Co-founded Palantir Technologies, providing surveillance and data-mining tools to ICE and military agencies
May 6, 2003Peter Thiel co-founded Palantir Technologies in 2003, which became a major provider of surveillance and data analytics tools to US government agencies including ICE, the Department of Defense, and intelligence agencies. Palantir built the Investigative Case Management system used by ICE to track immigrants, and its FALCON database was used in immigration raids. Federal contracts grew from $4.4M in 2009 to $970.5M in 2025. Thiel remains a board member and major shareholder.