NEWS19 May 2021

Explorium closes Series C funding round

Data analytics Middle East and Africa New business News North America

US/ISRAEL – Data analytics firm Explorium has completed a $75m Series C funding round with support from investors Zeev Ventures, Emerge, F2 Venture Capital, 01.Advisors and DLC.

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The funding brings Explorium’s total investment raised to more than $127M, and comes eight months after the company’s Series B funding round closed.

The latest funding will help develop Explorium’s external data analysis platform and also support further expansion in the US and Europe, Middle East and Africa.

Explorium was set up in 2018 and focuses on sourcing access to relevant external data through its Automated External data Platform.

Insight Partners, Fort Ross Ventures, Vintage Investment Partners have also helped support the Series C Funding round.

Maor Shlomo, chief executive and co-founder of Explorium, said: “Given the increasing demand for relevant external data and the challenges associated with obtaining it, we are looking forward to continuing on our mission to help organisations unlock the potential of external data.

“The additional funding will accelerate our path to growth as we continue to innovate our platform with new features, such as the recently introduced Signal Studio, broader data coverage, expansion into new industries, and supporting more use cases.”