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.
- Website
- explosion.ai
- 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
39th among 225 active competitors
Employee Count
22 as on Jul 01, 2024
Legal entities associated with Explosion
Explosion is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ExplosionAI GmbH CIN: HRB181081 , Germany, Active | Dec 31, 2015 | - | - |
Sign up to download Explosion's company profile
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 |
View details of Explosion's funding rounds and investors
Explosion's founders and board of directors
Founder? Claim ProfileThe founders of Explosion are Ines Montani and Matthew Honnibal.
Here are the details of Explosion's key team members:
- Ines Montani: Co-Founder & CEO of Explosion and founder of 2 other companies, Prodigy and Thinc. Contact Info: 1 email address
- Matthew Honnibal: Co-Founder of Explosion and founder of 2 other companies, Prodigy and Thinc. Contact Info: 1 email address
View details of Explosion's Founder profiles and Board Members
Explosion's employee count trend
Explosion has 22 employees as of Jul 24. Here is Explosion's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hugging Face 2016, Paris (France), Series D | Platform offering collaborative tools for sharing and deploying machine learning models | $400M | 75/100 | |
2nd | LangChain 2022, San Francisco (United States), Series C | Developer of tools for building, testing, and deploying AI agent applications | $260M | 68/100 | |
3rd | Replicate 2018, Berkeley (United States), Acquired | Provider of a cloud-based open-source platform for machine learning models | $52.5M | 67/100 | |
4th | ML framework for federated learning | $24.1M | 60/100 | ||
5th | Giotto Technologies 2017, Switzerland, Acquired | ML-based data analysis library solution for medical literature review | $5.02M | 58/100 | |
6th | Vana 2021, San Francisco (United States), Series A | Open internet for users to own data and AI models | $25M | 58/100 | |
7th | Iterative AI 2018, San Francisco (United States), Series A | Provider of ML platform | $25M | 55/100 | |
8th | All Hands AI 2024, Pittsburgh (United States), Seed | Open-source software development agent | $5M | 54/100 | |
9th | Featureform 2020, United States, Acquired | Provider of AI-based open-source platform offering data orchestration | $8.1M | 52/100 | |
10th | Unify 2021, London (United Kingdom), Series A | Web platform tool to integrate AI models, libraries, frameworks, and hardware | $8.5M | 51/100 | |
39th | Provider of open source libraries for NLP and AI | $6M | 31/100 |
Looking for more details on Explosion's competitors? Click here to see the top ones
Explosion's Investments and acquisitions
Explosion has made no investments or acquisitions yet.
Reports related to Explosion
Here is the latest report on Explosion's sector:
News related to Explosion
•
Wapner Newman Retained in Pottstown Home ExplosionPR Newswire•Jun 01, 2022•Wapner Newman Attorneys At Law, Explosion
•
OSHA Fines Oil Company $454K in North Dakota ExplosionInsurance Journal•May 10, 2022•KLX Energy Services, Explosion
•
Explosion snags $6M on $120M valuation to expand machine learning platformTechCrunch+•Sep 02, 2021•Explosion, SignalFire
Are you a Founder ?
FAQs about Explosion
Explore our recently published companies
- Modern Therapy - Eatontown based, 2017 founded, Funding Raised company
- Perry's Lender - St. Petersburg based, 2023 founded, Funding Raised company
- Hetal Retail - Bronx based, 2023 founded, Funding Raised company
- IndoorStar - Pudong based, 2013 founded, Funding Raised company
- Bootcamps for Change - Toronto based, 2018 founded, Funding Raised company
- AptMkr.ai - 2025 founded, Unfunded company