Explorance offers experience measurement solutions that use machine learning to transform student and employee qualitative feedback into actionable insights. Its platform includes Blue and Metrics That Matter and combines scalable automation with expert services. In 2021, over 20 million students and employees used Explorance’s tools. Over the past four years the company increased revenues 238% and grew its client base 115%. Explorance serves roughly 35% of the Fortune 100 and 25% of top higher-education institutions, with clients in more than 40 countries. The company plans to use new funding to expand into new markets and to invest in brand marketing, business development, and global field support while preserving its free-will corporate culture.

Total raised

$25M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2021