Explorium builds a data-discovery platform that helps data practitioners and enterprises find and integrate external data to improve predictive machine-learning models. The company has seen strong commercial traction during the COVID-19 period, with CEO Maor Shlomo saying revenue quadrupled last year (no absolute figures disclosed). Explorium has been hiring rapidly, growing headcount from 87 to 130 and planning to reach about 200 by late 2021 or early 2022. It operates offices in Tel Aviv and San Mateo, California, and plans to open a New York City office when possible. Leadership plans a hybrid workplace model (roughly two days remote, three in-office as local rules allow). The company reports total funding of $127 million following the latest round. Explorium operates a data-discovery platform that helps companies find and integrate the right datasets to improve machine-learning and predictive models. CEO and co-founder Maor Shlomo describes the product as a layer where users search for data to solve business problems and fuel predictive models. The company said demand increased during the COVID-19 pandemic as historical data became less reliable and customers sought more relevant environmental data. Explorium has offices in Israel and the United States and currently employs 87 people, with plans to grow to about 100 in the coming months. Management paused hiring early in the pandemic then accelerated again as business increased in April and May. The company previously raised a $19.1M Series A and said it still had plenty of money in the bank from that round while continuing to fund growth. Explorium provides a search‑engine‑style data discovery platform that helps data scientists find and enrich datasets for machine learning models. Its core product searches internal, open, public and premium databases and connects and enriches customers' data with thousands of data sources. The platform automatically selects the best pieces of data and the most useful variables or features to improve model performance. The founders have a data‑science background and the company emphasizes improving data quality, arguing that algorithmic work has largely become commoditized. Explorium has partnered with thousands of data sources and plans to expand via partnerships with data providers and consulting firms to reach more companies. It has 63 employees across offices in Tel Aviv, Kiev and San Francisco and reports "tens of customers."

Total raised

$125M

Funding rounds

4

Latest round

Series C

Latest activity

May 2021