Explorium

Automated External Data Platform for Advanced Analytics and Machine Learning

Business Software
Active
Series C Tel Aviv-Yafo Founded 2017
Total raised
$125.1M
Last: Series C 2021-05
Stage
Series C
Founded
2017
Headcount
84
HQ
Tel Aviv-Yafo
Sector
Business Software

About

Explorium provides an external data platform for improving analytics and machine learning. The companys solution enables organizations to automatically discover and utilize thousands of relevant data signals in order to improve predictions and model performance. Exploriums external data platform allows data scientists and analysts to acquire and integrate third-party data efficiently, cost-effectively, and in compliance with regulations. With faster, better insights from their models, organizations across FinTech, insurance, consumer goods, retail, and eCommerce can increase revenue, streamline operations, and reduce risk.

Funding history · 4 rounds · $125.1M total

2021-05
Series C $75.0M
2020-07
Series B $31.0M
2019-09
Series A $15.5M
2018-12
Seed $3.6M

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was Explorium founded and what is its primary focus?
Explorium was founded in December 2017. It provides an external data platform for improving analytics and machine learning, enabling organizations to automatically discover and utilize relevant data signals.
What was Explorium's most recent funding round and who led it?
Explorium completed a Series C funding round in May 2021, raising $75 million. This round was led by Insight Partners.
What is the total amount of funding Explorium has raised to date?
Explorium has raised a total of $125.1 million across all its funding rounds.
How many employees does Explorium currently have?
Explorium currently has 84 employees.
Where are Explorium's headquarters located?
Explorium's headquarters are located in Tel Aviv-Yafo, Israel.
What notable recognition did Explorium receive in May 2021?
In May 2021, Explorium was named a 'Cool Vendor' by Gartner.
Which consulting firm partnered with Explorium in December 2020?
In December 2020, Nova Consulting teamed up with Explorium to integrate data into business strategy.
Did Explorium experience any layoffs in 2022?
Yes, in June 2022, Explorium laid off approximately 10% of its employees.
Who are the founders of Explorium?
The founders of Explorium are Maor Shlomo, Or Tamir, and Omer Har.

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsData Analysis & Decision SupportData Architecture
Technologies
Artificial IntelligenceDeep LearningMachine LearningPlatforms & InterfacesSearch Engine
Target customers
Commerce & RetailDistribution ChannelseCommerce PlatformsDirect-to-consumerFinancial ServicesFinancial ProductsInsuranceCreditFinancial InstitutionsComplianceRegulationEnterprise & Professional ServicesMarketing & SalesEnterprisesSMBs & SMEsCommunication ServicesDiversified Telecommunication ServicesBroadband Networks & NGN
Business model
B2BB2B2C

Highlights

Verified

Tags

artificial-intelligenceenterprise-solutionspredictive-analyticsai-process-optimizationmachine-learningsoftware-applicationsrisk-assesmentsdata-sciencedecision-makinginsurtechdirect-to-consumerinsurance-companiessmbconsumer-goodsautomationrisk-managementconsumer-engagementdata-analyticsfinancial-institutionssaasconsumer-packaged-goodsbig-data-analytics