Explorium Overview
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.
Cumulative Funding Raised Over Time ($)
$3.6MDec 2018
$34.6MJul 2020
$109.6MMay 2021
$125.1MSep 2019
Latest News
growth-negative
חברת הסטארט-אפ אקספלוריום מפטרת כ-10% מעובדיה כלכליסט
Explorium, a company that develops technology for predictive analytics using big data, is laying off 15-10 employees. The company has raised $127 million to date, with its latest funding round led by Insight Partners and participation from existing investors 01 Advisors, Dynamic Loop, Zeev Ventures, emerge, F2 Capital, and Fort Ross Ventures. Exploriums technology connects internal customer data with external data sources to create a search engine-like tool for information on businesses, websites, locations, behavior, and events over time. Companies like PepsiCo Optimax, Melio, and BlueVine use Explorium to build machine learning models for marketing activities such as lead scoring, improving risk models, fraud detection for lenders, or upgrading critical analytics activities for sustainable growth, such as demand forecasting and customer lifetime value.
Layoffs
growth-positive
Explorium uses machine learning to meet pandemic-fueled need for external business data - SiliconANGLE
Explorium Inc., a company that uses machine learning to extract relevant data from a large amount of external sources, has seen a change in the data market due to the pandemic. The companys platform has been used by customers to make decisions when traditional data sources were disrupted. The platform can extract, aggregate and integrate relevant data characteristics from external sources and match those with a customer’s internal datasets. The company has recently closed two funding rounds, a Series B for $31 million last July and a $75 million Series C in May.
CustomersInvestment
growth-positive
Explorium Named a Cool Vendor By Gartner
Explorium has been included in the list of Cool Vendors in AI Core Technologies by Gartner. The report highlights the challenges of obtaining quality training data for AI tasks and the importance of enriching models with external data. Exploriums platform addresses these challenges and enables organizations to find relevant data for their predictive models. The company considers its inclusion in the report as confirmation of its mission to enable customers to unlock the power of external data. Explorium provides the first External Data Platform to improve analytics and machine learning, allowing organizations to automatically discover and use thousands of relevant data signals. With better insights from their models, organizations can increase revenue, streamline operations, and reduce risks.
PartnersCustomers
growth-positive
Explorium raises $75 million led by Insight Partners to expand data science platform
Data science startup Explorium has closed a $75 million series C funding round, bringing its total investment to over $127 million. The company has doubled its customer base and more than quadrupled its revenue since the start of the COVID-19 pandemic. Explorium plans to significantly increase its workforce and become the platform for searching data. The CEO stated that COVID-19 made the world more efficient and accessible, leading to increased demand for data resources. Exploriums External Data Platform helps analysts and data scientists find relevant external data signals to improve analytics and machine learning. The platform is used by companies like BlueVine, GlassesUSA.com, Melio, and PepsiCo for enhancing AI models in various use cases.
CustomersInvestmentExpand
growth-positive
Meet the 'Data Hunters': Explorium's platform aims to commoditize Big Data in Covid-19
Explorium, an automated data science platform, helps businesses filter and analyze vast amounts of data to improve sales and performance. The company raised $31 million in series B funding and offers a platform that highlights the most relevant predictive variables from various data sources. It serves a wide range of industries and use cases, including sales teams, retailers, and even movie studios. Explorium gathers data from open and public sources, premium data partnerships, and its own generated data sources. The company has seen growth during the COVID-19 pandemic as traditional predictive models became ineffective. Explorium employs a team of Data Hunters to search for accurate and relevant data, providing a cost-effective solution for businesses.
CustomersInvestment
| Sector | Business Software |
Funding
| Total funding | $125.1M |
| Last funding | $75M |
| Stage | C |
| Rounds | 4 |
| Investors | 9 |
Team Members
5
Employees: 51-200
Web & Social Links
| Website | www.explorium.ai |
| Careers | Careers page |
Locations
Daniel Frisch St 3, Tel Aviv-Yafo, Israel
400 Concar Dr, San Mateo, CA 94402, USA
2000 Ashton Blvd, Lehi, UT 84043, USA
Photos & Videos
1 item(s)
Explorium Business
Business models
B2B, B2B2C
Product stage
Released
Employees
51-200
Sector
Business SoftwareIT, R&D & Data SolutionsData Analysis & Decision SupportData ArchitectureTarget Customer
Commerce & RetailDistribution ChannelseCommerce PlatformsDirect-to-consumerFinancial ServicesFinancial ProductsInsuranceCreditFinancial InstitutionsComplianceRegulationEnterprise & Professional ServicesMarketing & SalesEnterprisesSMBs & SMEsCommunication ServicesDiversified Telecommunication ServicesBroadband Networks & NGNCore Technology
Artificial IntelligenceDeep LearningMachine LearningPlatforms & InterfacesSearch EngineTags (22)
artificial-intelligenceenterprise-solutionspredictive-analyticsai-process-optimizationmachine-learningsoftware-applicationsrisk-assesmentsdata-sciencedecision-makinginsurtechdirect-to-consumerinsurance-companiessmbconsumer-goodsautomationrisk-managementconsumer-engagementdata-analyticsfinancial-institutionssaasconsumer-packaged-goodsbig-data-analyticsGeographic Markets
IsraelUnited StatesExplorium Financials
$125.1M
Total funding
Undisclosed
Capital raised
$75M
Last funding
C
Funding stage
4
Total rounds
9
Investors
Cumulative Funding Raised Over Time ($)
$3.6MDec 2018
$34.6MJul 2020
$109.6MMay 2021
$125.1MSep 2019
Private Equity Funding
C Round
May 2021
$75M
Insight Partners (Lead)
,
R136 Ventures, Vintage Investment Partners, 01 Advisors, OurCrowd, Dynamic Loop Capital, F2 Venture Capital, Emerge, Oren Zeev
B Round
Jul 2020
$31M
Oren Zeev (Lead)
,
01 Advisors, Dynamic Loop Capital, Emerge, F2 Venture Capital
A Round
Sep 2019
$15.5M
Oren Zeev (Lead)
,
F2 Venture Capital, Emerge
Seed
Dec 2018
$3.6M
F2 Venture Capital, Emerge
Explorium Lifecycle
Cumulative Funding Raised Over Time
$3.6MDec 2018
$34.6MJul 2020
$109.6MMay 2021
$125.1MSep 2019
All Events
C Round
May 2021
$75M
Insight Partners (Lead)
,
R136 Ventures, Vintage Investment Partners, 01 Advisors, OurCrowd, Dynamic Loop Capital, F2 Venture Capital, Emerge, Oren Zeev
B Round
Jul 2020
$31M
Oren Zeev (Lead)
,
01 Advisors, Dynamic Loop Capital, Emerge, F2 Venture Capital
A Round
Sep 2019
$15.5M
Oren Zeev (Lead)
,
F2 Venture Capital, Emerge
Seed
Dec 2018
$3.6M
F2 Venture Capital, Emerge
Explorium News
12 articles
growth-negative
חברת הסטארט-אפ אקספלוריום מפטרת כ-10% מעובדיה כלכליסט
Explorium, a company that develops technology for predictive analytics using big data, is laying off 15-10 employees. The company has raised $127 million to date, with its latest funding round led by Insight Partners and participation from existing investors 01 Advisors, Dynamic Loop, Zeev Ventures, emerge, F2 Capital, and Fort Ross Ventures. Exploriums technology connects internal customer data with external data sources to create a search engine-like tool for information on businesses, websites, locations, behavior, and events over time. Companies like PepsiCo Optimax, Melio, and BlueVine use Explorium to build machine learning models for marketing activities such as lead scoring, improving risk models, fraud detection for lenders, or upgrading critical analytics activities for sustainable growth, such as demand forecasting and customer lifetime value.
Layoffs
growth-positive
Explorium uses machine learning to meet pandemic-fueled need for external business data - SiliconANGLE
Explorium Inc., a company that uses machine learning to extract relevant data from a large amount of external sources, has seen a change in the data market due to the pandemic. The companys platform has been used by customers to make decisions when traditional data sources were disrupted. The platform can extract, aggregate and integrate relevant data characteristics from external sources and match those with a customer’s internal datasets. The company has recently closed two funding rounds, a Series B for $31 million last July and a $75 million Series C in May.
CustomersInvestment
growth-positive
Explorium Named a Cool Vendor By Gartner
Explorium has been included in the list of Cool Vendors in AI Core Technologies by Gartner. The report highlights the challenges of obtaining quality training data for AI tasks and the importance of enriching models with external data. Exploriums platform addresses these challenges and enables organizations to find relevant data for their predictive models. The company considers its inclusion in the report as confirmation of its mission to enable customers to unlock the power of external data. Explorium provides the first External Data Platform to improve analytics and machine learning, allowing organizations to automatically discover and use thousands of relevant data signals. With better insights from their models, organizations can increase revenue, streamline operations, and reduce risks.
PartnersCustomers
growth-positive
Explorium raises $75 million led by Insight Partners to expand data science platform
Data science startup Explorium has closed a $75 million series C funding round, bringing its total investment to over $127 million. The company has doubled its customer base and more than quadrupled its revenue since the start of the COVID-19 pandemic. Explorium plans to significantly increase its workforce and become the platform for searching data. The CEO stated that COVID-19 made the world more efficient and accessible, leading to increased demand for data resources. Exploriums External Data Platform helps analysts and data scientists find relevant external data signals to improve analytics and machine learning. The platform is used by companies like BlueVine, GlassesUSA.com, Melio, and PepsiCo for enhancing AI models in various use cases.
CustomersInvestmentExpand
growth-positive
Meet the 'Data Hunters': Explorium's platform aims to commoditize Big Data in Covid-19
Explorium, an automated data science platform, helps businesses filter and analyze vast amounts of data to improve sales and performance. The company raised $31 million in series B funding and offers a platform that highlights the most relevant predictive variables from various data sources. It serves a wide range of industries and use cases, including sales teams, retailers, and even movie studios. Explorium gathers data from open and public sources, premium data partnerships, and its own generated data sources. The company has seen growth during the COVID-19 pandemic as traditional predictive models became ineffective. Explorium employs a team of Data Hunters to search for accurate and relevant data, providing a cost-effective solution for businesses.
CustomersInvestment
growth-positive
"מחברים אינספור פיסות אינפורמציה שרלוונטיות לשאלות של הלקוחות"
Explorium, an Israeli start-up founded in 2017, is growing rapidly in the fields of artificial intelligence and big data. The company has developed a search engine that scans a companys existing data and searches the internet for relevant data to enrich it. Since its inception, the company has raised about $51 million and employs about 100 people, mainly in Israel and the US. The companys business has benefited from the coronavirus pandemic as it has made the inherent problem of companies an acute one: historical data has become much less relevant, making it much harder for them to analyze data and prepare for the new situation.
InvestmentExpand
growth-positive
Nova Consulting teams up with Explorium to back business strategy with data magic
Israeli data expert Explorium has announced a partnership with Nova Consulting, a data strategy and consulting boutique. Exploriums data enrichment and machine learning capabilities will empower Nova to build faster and more accurate predictive models for its clients in various sectors. Nova will leverage Exploriums data magic to provide timely strategic advice to its global customer base. The partnership is expected to expedite Novas clients digital transformation and enhance their decision-making capabilities.
Partners
growth-positive
Data automation startup Explorium raises $31 million
San Francisco-based data automation startup Explorium Ltd. has raised $31 million in a series B funding round led by Zeev Ventures. The funding brings Exploriums total raised to $50 million. Explorium develops an end-to-end data automation service that connects customers internal databases to external sources to create predictive models. The companys CEO, Maro Shlomo, stated that the COVID-19 crisis has created an urgent need for new market prediction tools, and Exploriums platform can adapt to the changing parameters. Since its last funding round, Explorium has tripled its client base and expanded into new sectors and industries. Its clients include BlueVine Capital, OnDeck Capital, Behalf Inc., CrossMedia, GlassesUSA LLC, and it has collaboration agreements with AWS, Snowflake Inc., and Nova Consulting.
Investment
growth-positive
Explorium reveals $19.1M in total funding for machine learning data discovery platform
Explorium, a data discovery platform for machine learning models, has announced its previously undisclosed funding rounds of $3.6 million in seed funding and $15.5 million in Series A funding. The total amount raised is $19.1 million. The company has developed a search engine that helps data scientists find the best data sources for their machine learning models. Explorium has partnered with thousands of data sources and sees a big role for partnerships in expanding its reach. The company currently has tens of customers and aims to fill the gap in data science expertise with its platform.
Investment
growth-positive
Data science platform co Explorium raises $19m
Explorium, an Israeli data science platform developer, has completed seed and Series A financing rounds totaling $19 million. The funding will be used to scale its data science platform that automates data discovery and generation of predictive features. Explorium aims to provide relevant data for artificial intelligence and empower machine learning models for various customers. The companys CEO compares their platform to search engines, stating that they are doing for machine learning data what search engines did for the web. The funding round was led by Zeev Ventures, with participation from Emerge and F2 Capital.
Investment
growth-positive
Data Automation Startup Explorium Raises $15.5 Million
San Francisco-based Explorium Ltd. has raised $15.5 million in a series A funding round led by Oren Zeevs investment firm Zeev Ventures. The company, founded in 2017, develops an end-to-end data automation service that connects customers internal databases to external sources. Explorium has raised a total of $19 million to date and has approximately 50 employees.
Investment
growth-positive
Explorium secures $19M funding to automate data science and machine learning-driven insights ZDNet
Israeli startup Explorium has raised $19 million in funding to lower the barrier for organizations to utilize machine learning. The funding includes a seed round of $3.6 million led by Emerge and a $15.5 million Series A led by Zeev Ventures. Exploriums platform helps organizations find and enrich relevant datasets for machine learning algorithms, generate auto-engineered features, and build predictive models. The platform aims to provide an end-to-end data science solution. Exploriums business model is subscription-based and its customers range from Fortune 100 companies to hyper-growth startups. The combination of AutoML and a data marketplace offered by Explorium is seen as a unique solution in the industry.
Investment
Explorium Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 84 |
| Team members | 5 |
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Explorium Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 515754935 |
| Crunchbase | explorium-46fb |
| Creator | Yanina Wainscheinker |
| Creator email | yanina.wain@gmail.com |
| Last updater | Ayelet Levi Shinebox |
| Updater email | yayhosh@gmail.com |
| Last update | 2022-09-28T00:00:00.000Z |
| Created | 2018-03-31T00:00:00.000Z |
| Claimed | Yes |