What is Explorium?
Explorium operates an External Data Cloud designed to connect users with a comprehensive array of global data sources. The platform's core functionality lies in its ability to automatically discover relevant and impactful data signals. These signals are then leveraged to construct sophisticated analytical solutions and enable disruptive go-to-market strategies. By centralizing data discovery and utilization, Explorium empowers businesses to derive deeper insights and enhance their competitive edge in an increasingly data-driven landscape. The company's focus on automated data signal identification positions it as a key player in the data analytics and business intelligence sector.
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 Zeev Venture, 01 Advisors, Dynamic Loop, Emerge, and F2 Capital
Series C (2021): $75M featuring Zeev Ventures, Insight Partners, and Emerge
Key Investors in Explorium
Zeev Ventures
Zeev Ventures is an early-stage venture fund based in Palo Alto, California, focusing on technology, financial, e-commerce, and consumer service sectors. They invest between $1-$20M per round and actively support portfolio companies in subsequent funding rounds.
Insight Partners
Insight Partners is a global venture capital and private equity firm investing in high-growth technology and software companies. Their platform, GO, supports portfolio company leaders in fostering connections and strengthening leadership as they scale.
Emerge
E-merge is a Belgian venture capital company founded in 1998, specializing in young technology and internet businesses. Beyond funding, they provide strategic management, marketing, and business development consultancy, leveraging an extensive network of contacts.
What's next for Explorium?
The substantial enterprise-level funding received by Explorium, including the recent major strategic investment, indicates a phase of accelerated scaling and market penetration. This capital infusion is expected to fuel product development, enhance the platform's capabilities in data discovery and signal generation, and expand its global reach. Strategic partnerships and further technological advancements are likely priorities as Explorium aims to solidify its leadership in the external data solutions market. The company is well-positioned to capitalize on the growing demand for advanced data analytics and AI-driven insights, potentially exploring new verticals and use cases for its External Data Cloud.
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