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- Explorium
Explorium Funding, Investors & Competitors
Explorium has raised $125M across 4 funding rounds, most recently a $75M Series C in May 2021.
Last Explorium funding round
$75M
Series C · May 2021
Cumulative funding Explorium raised
$125M
across 4 funding rounds
Key investors in Explorium
F2 Venture Capital
Emerge Ventures
Zeev Ventures
01 Advisors
Dynamic Loop Capital
Insight Partners
Vintage Investment Partners
R136 Ventures
About Explorium
Explorium is a Tel Aviv-headquartered data platform automating feature discovery by fusing internal datasets with 10,000 external sources. The service powers machine learning models for banks and telcos like Deutsche Bank, enriching predictions for churn and fraud. It processes petabytes daily via cloud infrastructure. Founded in 2017, Explorium serves 200 enterprises globally.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Explorium Funding History
Explorium has raised a total of $125M across 4 funding rounds.
Explorium's first fundraising round was a $4M seed round in September 2018. The most recent completed round was a $75M Series C in May 2021.
Explorium funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| May 2021 | Series C | Insight Partners (lead); R136 Ventures; Zeev Ventures; Vintage Investment Partners; F2 Venture Capital; Emerge Ventures; Dynamic Loop Capital; 01 Advisors | $75M | Explorium is an Israeli data science startup founded in 2017 by Maor Shlomo, Or Tamir, and Omer Har, offering an External Data platform that automatically discovers thousands of relevant external data signals to enhance analytics and machine learning models. The platform includes an ML Engine for automated external data discovery and feature engineering, as well as Signal Studio for data and business analysts to integrate external signals into analytics pipelines. Customers such as BlueVine, GlassesUSA.com, Melio, and PepsiCo use it for applications like lead scoring, default risk and fraud detection, demand forecasting, and customer lifetime value prediction, ensuring compliance with regulations. On May 18, 2021, Explorium closed a $75 million Series C funding round led by Insight Partners, with participation from existing investors including Zeev Ventures, Emerge Ventures, F2 Venture Capital, 01 Advisors, Dynamic Loop Capital, Vintage Investment Partners, and others like Fort Ross Ventures. This round brought the company's total funding to over $127 million, following a $31 million Series B in July 2020, just 10 months prior. There was no secondary element, with all proceeds going to the company's account to fuel expansion. The funding came amid booming demand for external data, accelerated by COVID-19, which exposed limitations in predictive models reliant on internal data. Since the pandemic's start, Explorium doubled its customer base and more than quadrupled its revenue, though specific figures were not disclosed. CEO Maor Shlomo noted the business boom as clients sought new data resources to repair disrupted prediction algorithms. At the time, the company employed 130 people, up from 87 post-Series B, with plans to grow significantly to around 200 by late 2021 or early 2022, expanding in Israel and the U.S. George Mathew, Managing Director at Insight Partners and former President & COO of Alteryx, joined Explorium's board. The investment positions Explorium to aggressively pursue its vision of becoming the primary platform for data search in analysis processes, capitalizing on data as a key differentiator in AI and machine learning competitions. |
| Jul 2020 | Series B | Zeev Ventures (lead); F2 Venture Capital; Emerge Ventures; Dynamic Loop Capital; 01 Advisors | $31M | Explorium is an Israeli data science company founded in 2017 by Maor Shlomo, Or Tamir, and Omer Har, offering a platform that enhances enterprise internal datasets by automatically discovering and integrating relevant third-party data from thousands of public sources to improve machine learning models and predictive analytics. The platform acts as a data matchmaker, analyzing customer data to identify impactful external signals like company, geospatial, behavioral, and website data, delivering them in ready-to-use formats for better business insights across industries. On July 28, 2020, Explorium raised $31 million in a Series B funding round led by Zeev Ventures, with participation from 01 Advisors, Dynamic Loop Capital (Sir Ronald Cohen’s fund), and seed investors Emerge Ventures and F2 Venture Capital, bringing total funding to $50 million following a prior $19 million Series A. Funds were allocated to expand into new business verticals and geographic markets, grow the third-party data catalog, hire data science and commercial talent, and scale operations amid rising demand accelerated by the COVID-19 pandemic's disruption of existing predictive models. Since its stealth exit and Series A in September 2019, Explorium tripled its customer base, added support for more industries, and secured clients like OnDeck, BlueVine, GlassesUSA, Behalf, CrossMedia, plus partnerships with AWS, Snowflake, and Nova Consulting. The company had 87 employees at the time, mostly in Israel, with offices in the US (San Mateo), planning to reach 100 soon, and was named Israel's most promising early-stage fintech startup by Citi, Intuit, and Visa accelerators for its external-data-driven capabilities in financial services. |
| Mar 2019 | Series A | Zeev Ventures (lead); F2 Venture Capital; Emerge Ventures | $16M | Explorium is an Israeli-founded data discovery platform that connects companies' internal data to thousands of external sources to automatically select the best features for machine learning models. The platform targets industries like financial services, CPG, retail, and eCommerce, helping data scientists improve model performance by enriching data with relevant variables. Founded in 2017 by Maor Shlomo, Or Tamir, and Omer Har, the company operates offices in Tel Aviv, Kiev, and San Francisco with around 50-63 employees and serves tens of customers including Fortune 100 companies and startups. In March 2019, Explorium raised a $15.5 million Series A round led by Zeev Ventures, with participation from seed investors Emerge Ventures and F2 Venture Capital. This followed a $3.6 million seed round in September 2018, bringing total funding to $19.1 million as announced in September 2019. The funds support scaling the platform amid rapid growth across seven industries. Zeev Ventures' Oren Zeev highlighted Explorium's innovation in data discovery for AI, while Emerge's Dovi Ollech noted its advancement in data science by sourcing relevant data at scale. |
| Sep 2018 | Seed | Emerge Ventures (lead); F2 Venture Capital (lead) | $4M | Explorium raised a $3.6 million seed round in September 2018 from Emerge Ventures and F2 Venture Capital. The company develops an external data platform that automatically discovers relevant data signals to improve analytics and machine learning models. Subsequent rounds include a $19 million seed and Series A in September 2019 from Emerge, F2 Capital, and Zeev Ventures, a $31 million Series B in July 2020 led by Zeev Ventures with 01 Advisors, Dynamic Loop, Emerge, and F2 Capital, and a $75 million Series C in May 2021 led by Insight Partners with participation from prior investors. |
Who has invested in Explorium?
8 investors have backed Explorium across its funding rounds, including F2 Venture Capital, Emerge Ventures, Zeev Ventures, 01 Advisors, Dynamic Loop Capital and Insight Partners.
Lead investors include Insight Partners, Zeev Ventures, Emerge Ventures and F2 Venture Capital.
Explorium Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Sep 2018 | ||
| 4 | Lead | Sep 2018 | ||
| 3 | Lead | Mar 2019 | ||
| 2 | Participant | Jul 2020 | ||
| 2 | Participant | Jul 2020 | ||
| 1 | Participant | May 2021 | ||
This data is available for Pro users. Sign up to see all 8 Explorium investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialExplorium Competitors
Explorium competitors include listed companies like Datadog, Snowflake, SenseTime Group and Presight AI, and private ones like Databricks and Dataiku.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $3.4B | ($588K) | $85B | 19.4x | ||
| Private | $7B | - | $190B | 27.1x | ||
| Publicly listed | $4.7B | ($1.3B) | $119B | 21.0x | ||
| Publicly listed | $748M | ($70M) | $6.2B | 5.8x | ||
| Publicly listed | $825M | $214M | $5.7B | 5.4x | ||
| Private | $150M | - | $3.7B | 24.7x |
Explorium Public Comps
Explorium is still privately-owned, but its public comps include Oracle, Palantir, CrowdStrike, SAP, Salesforce, ServiceNow, Snowflake, Adobe, Datadog and Moody's.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $67B | $33B | 8.6x | 7.8x | 17.7x | 13.9x | |||
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $4.8B | ($12M) | 51.4x | 44.5x | (19816.2x) | 151.0x | |||
| $42B | $13B | 5.8x | 5.4x | 18.4x | 17.1x | |||
| $42B | $13B | 5.5x | 5.2x | 17.8x | 12.2x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $24B | $9.3B | 4.3x | 3.9x | 10.9x | 8.2x | |||
This data is available for Pro users. Sign up to see all Explorium competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Explorium
| When was Explorium founded? | Explorium was founded in 2017. |
| Where is Explorium headquartered? | Explorium is headquartered in Tel Aviv, Israel. |
| Is Explorium publicly listed? | No, Explorium is a private, VC-backed company. |
| How much funding has Explorium raised? | Explorium has raised $125M across 4 funding rounds. |
| What was Explorium's last funding round? | Explorium's last funding round was a $75M Series C in May 2021, led by Insight Partners. |
| Who are Explorium's investors? | Explorium's investors include F2 Venture Capital, Emerge Ventures, Zeev Ventures, Dynamic Loop Capital, 01 Advisors, R136 Ventures, Vintage Investment Partners and Insight Partners. |
| Which companies are comparable to Explorium? | Companies comparable to Explorium include Datadog, Databricks, Snowflake, SenseTime Group, Presight AI and Dataiku. |
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