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Explosion - About the company

Explosion is a series A company based in Berlin (Germany), founded in 2016 by Ines Montani and Matthew Honnibal. It operates as a Provider of open source libraries for NLP and AI. Explosion has raised $6M in funding from SignalFire. The company has 225 active competitors, including 33 funded and 9 that have exited. Its top competitors include companies like Hugging Face, LangChain and Replicate.

Company Details

Provider of open source libraries for NLP and AI. It offers open source-based developer tools for functional deep learning, training data annotation, and machine learning. It helps developers in building applications that process and understand large volumes of texts. It is built and leverages for information extraction purposes.
Social
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Email ID
*****@explosion.ai
Key Metrics
Founded Year
2016
Location
Berlin, Germany
Stage
Series A
Total Funding
$6M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
22 as on Jul 01, 2024
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Explosion's funding and investors

Explosion has raised a total funding of $6M over 1 round. Its latest funding round was a Series A round on Sep 02, 2021 for $*****. 1 investor participated in its latest round. Explosion has 1 institutional investor.

Here is the list of recent funding rounds of Explosion:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 02, 2021
7726811
Series A
1556183
2911930
1443421
9211956
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Explosion's founders and board of directors

Founder? Claim Profile
The founders of Explosion are Ines Montani and Matthew Honnibal.
Here are the details of Explosion's key team members:

Explosion's employee count trend

Explosion has 22 employees as of Jul 24. Here is Explosion's employee count trend over the years:
Employee count trend for Explosion
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Explosion's Competitors and alternates

Top competitors of Explosion include Hugging Face, LangChain and Replicate. Here is the list of Top 10 competitors of Explosion, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hugging Face
Hugging Face
2016, Paris (France), Series D
Platform offering collaborative tools for sharing and deploying machine learning models
$400M
75/100
2nd
Logo for LangChain
LangChain
2022, San Francisco (United States), Series C
Developer of tools for building, testing, and deploying AI agent applications
$260M
68/100
3rd
Logo for Replicate
Replicate
2018, Berkeley (United States), Acquired
Provider of a cloud-based open-source platform for machine learning models
$52.5M
67/100
4th
Logo for Flower
Flower
2023, Hamburg (Germany), Series A
ML framework for federated learning
$24.1M
60/100
5th
ML-based data analysis library solution for medical literature review
$5.02M
58/100
6th
Logo for Vana
Vana
2021, San Francisco (United States), Series A
Open internet for users to own data and AI models
$25M
58/100
7th
Logo for Iterative AI
Iterative AI
2018, San Francisco (United States), Series A
Provider of ML platform
$25M
55/100
8th
Logo for All Hands AI
All Hands AI
2024, Pittsburgh (United States), Seed
Open-source software development agent
$5M
54/100
9th
Logo for Featureform
Featureform
2020, United States, Acquired
Provider of AI-based open-source platform offering data orchestration
$8.1M
52/100
10th
Logo for Unify
Unify
2021, London (United Kingdom), Series A
Web platform tool to integrate AI models, libraries, frameworks, and hardware
$8.5M
51/100
39th
Logo for Explosion
Explosion
2016, Berlin (Germany), Series A
Provider of open source libraries for NLP and AI
$6M
31/100
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Explosion's Investments and acquisitions

Explosion has made no investments or acquisitions yet.

Reports related to Explosion

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News related to Explosion

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