Explosion began in 2016 around the spaCy open-source ML library and combines that project with commercial developer tools, including the Prodigy data‑labeling product. spaCy has been downloaded over 40 million times and Explosion reports millions of open‑source users alongside 500 companies using Prodigy, including Microsoft and Bayer. The company recently expanded headcount from six early employees to 17 and expects to reach about 20 by year‑end. Product roadmap highlights a hosted offering called Prodigy Teams, which adds user management and collaboration while keeping customer data on private clusters to preserve privacy. Before this round Explosion focused on organic growth and says it was profitable and independent prior to taking outside capital. The team emphasizes maintaining the open‑source community as core to the business as it scales its commercial tooling.

Total raised

$6M

Funding rounds

1

Latest round

Series A

Latest activity

Sep 2021