What is Explorium?
Explorium operates an External Data Cloud designed to connect users with a comprehensive array of global data sources. The platform automates the discovery of pertinent and impactful data signals, enabling the creation of sophisticated analytical solutions and innovative go-to-market strategies. By centralizing access to diverse datasets, Explorium empowers businesses to derive deeper insights and enhance their decision-making processes, positioning itself as a key player in the data intelligence sector. The company's focus on automated data discovery and its platform-centric approach are critical to its value proposition in a data-rich environment.
How much funding has Explorium raised?
Explorium has raised a total of $125.1M across 4 funding rounds:
Angel/Seed
$3.6M
Series A
$15.5M
Series B
$31M
Series C
$75M
Angel/Seed (2018): $3.6M with participation from Emerge and F2 Capital
Series A (2019): $15.5M led by Zeev Ventures, F2 Capital, and Emerge
Series B (2020): $31M supported by 01 Advisors, Emerge, Zeev Venture, F2 Capital, and Dynamic Loop
Series C (2021): $75M featuring Emerge, Zeev Ventures, and Insight Partners
Key Investors in Explorium
Emerge
Emerge is a venture capital firm established in 1998, specializing in early-stage technology and internet businesses. They provide not only funding but also strategic management, marketing, and financial consultancy, leveraging an extensive network to support portfolio companies.
Zeev Ventures
Zeev Ventures is an early-stage venture fund founded in 2015, focusing on technology, financial, e-commerce, and consumer service sectors. They typically invest between $1M-$20M per round and actively support their portfolio companies through subsequent funding stages.
Insight Partners
Insight Partners is a global venture capital and private equity firm that invests in high-growth technology and software companies. Their GO platform is designed to support portfolio company leaders in scaling their businesses through connections and resources.
What's next for Explorium?
With substantial enterprise-level funding and a recent major strategic investment, Explorium is poised for accelerated expansion and innovation. The company's trajectory suggests a focus on scaling its platform capabilities, broadening its data source integrations, and enhancing its analytical tools. Future developments are likely to involve deeper penetration into enterprise markets, further refinement of its automated data discovery engine, and strategic partnerships to expand its ecosystem. This sustained financial backing indicates a strong belief in Explorium's model for transforming how businesses leverage external data for competitive advantage.
See full Explorium company page