How Much Did Explo Raise?
Funding & Key Investors

Explo, a data management software developer, has secured significant enterprise-level funding, with its total capital raised standing at $14.3M. The company recently announced a major strategic investment of $12M, underscoring its trajectory in the competitive data analytics landscape. This latest financing round follows earlier seed and Series A investments, indicating sustained investor confidence in Explo's innovative approach to customer-facing dashboards.

What is Explo?

Explo
SoftwareDatabase & File Management SoftwareBusiness Intelligence (BI) Software

Founded in 2019 and based in San Francisco, CA, Explo specializes in developing customer-facing dashboards that can be embedded directly within applications. The company's software empowers businesses to provide their users with intuitive and interactive data visualization tools, enhancing user experience and data accessibility. Explo's focus on seamless integration and user-centric design positions it as a key player in the burgeoning market for embedded analytics and data management solutions.

How much funding has Explo raised?

Explo has raised a total of $14.3M across 2 funding rounds:

2020

Angel/Seed

$2.3M

2022

Series A

$12M

Angel/Seed (2020): $2.3M with participation from Y Combinator, Soma Capital, and Amplo VC

Series A (2022): $12M led by Felicis Ventures and Craft Ventures

Key Investors in Explo

Y Combinator

Y Combinator, a prominent accelerator based in Mountain View, California, is known for providing seed funding and mentorship to early-stage startups, playing a crucial role in their initial growth and development.

Felicis Ventures

Felicis Ventures is a venture capital firm that invests in early and growth-stage technology companies, with a focus on sectors like SaaS and AI, often leading seed and Series A rounds.

Craft Ventures

Craft Ventures is a venture firm comprised of experienced founders and operators, specializing in the B2B technology sector and providing strategic support to early-stage companies.

What's next for Explo?

The recent major strategic investment signals a pivotal phase for Explo, likely enabling accelerated product development, market expansion, and scaling of its operational capabilities. With a foundation built on robust data management software and a clear vision for embedding analytics, Explo is poised to further solidify its market presence. Future growth may involve enhancing its platform's AI-driven insights, expanding its integration ecosystem, and forging deeper partnerships to reach a wider enterprise client base. This capital infusion is expected to fuel innovation and support the company's ambitious expansion plans.

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Frequently Asked Questions Regarding Explo Financial Insights

What are the most recent funding rounds that Explo has completed, and what were the funding rounds?
Explo has recently completed 2 funding rounds: Series A on Aug 16, 2022, Angel/Seed on Nov 10, 2020.
What is the total amount of funding Explo has raised to date?
Explo has raised a total of $14.3M in funding to date.
How many funding rounds has Explo completed?
Explo has completed 2 funding rounds.
How much funding did Explo raise in its most recent funding round?
Explo raised $12M in its most recent funding round.
Who are the lead investors in Explo's latest funding round?
The lead investor in Explo's latest funding round was Felicis Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Explo's history?
The largest funding round in Explo's history was $12M.
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