Data science and machine learning are being commoditized, so it’s the datasets that make the difference in the end. That’s the thesis startup Explorium is capitalizing on.

Data driven analytics and machine learning predictions are key to business success, but they are being commoditized. How well they work is all about the data. This is the position startup Explorium took a bet on in 2019, and it seems to be paying off.

After a $19M Round A in 2019 and a $31M Series B in 2020, today Explorium announced it has closed a $75M Series C funding round, led by global venture capital and private equity firm Insight Partners, with existing investors Zeev Ventures, Emerge, F2 Venture Capital, 01 Advisors and Dynamic Loop Capital also participating.

We covered Explorium when it first set out to conquer the world in 2019. We caught up again with co-founder and CEO Maor Shlomo to discuss progress made, and the state of external data acquisition in 2021.

Explorium is growing alongside the demand for external data in organizations. As business conditions evolved and regulations restricted access to crucial sources of information, teams went hunting outside their organizations for data to support machine learning and other mission-critical analytics.

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