When was Explosion founded?

Explosion was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Where is Explosion located?

Explosion is headquartered in Berlin, Germany.

Who is the current CEO of Explosion?

Ines Montani of Explosion. They have also founded 2 companies.

Which legal entities is Explosion associated with?

Explosion is associated with ExplosionAI GmbH.

How many employees does Explosion have?

As of Sep 30, 2026, the latest employee count at Explosion is 18.

Is Explosion a funded company?

Explosion is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Sep 02, 2021.

When was the latest funding round of Explosion?

Explosion's latest funding was a $***** Series A round on Sep 02, 2021, with participation from 1 investor.

Where does Explosion rank among its competitors?

Explosion ranks 33rd amongst 335 active competitors, of which 25 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Oumi, which secured $10M in Jan, 2025.

Who are the top competitors of Explosion?

Explosion's top competitors include Hugging Face, Replicate and Flower. Among them, Oumi secured the most recent funding round in January, 2025.

Explosion - 2026 Company Profile, Team, Funding, Competitors & Financials

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
Social
Email ID: *****@explosion.ai

Key Metrics

Founded Year

2016

Location

Berlin, Germany

Stage

Series A

Total Funding

$6M in 1 round

Latest Funding Round

Series A, Sep 02, 2021, $*****

Investors

SignalFire

Ranked

33^rd among 335 active competitors

Employee Count

18 as on Sep 30, 2026

Similar Companies

Vercel & 1843 more

View Explosion's full profile

Explosion is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ExplosionAI GmbH CIN: HRB181081 , Germany, Active	Dec 31, 2015	-	-

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	4042107	Series A	2171356	3328491	9577617	3566408

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View details of Explosion's funding rounds and investors

The 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 18 employees as of Sep 26. Here is Explosion's employee count trend over the years:

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Top competitors of Explosion include Hugging Face, Replicate and Flower. 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	Hugging Face 2016, Paris (France), Acquired	Platform offering collaborative tools for sharing and deploying machine learning models	$400M	Lux Capital, Salesforce & 35 others	80/100
2nd	Replicate 2018, Berkeley (United States), Acquired	Provider of a cloud-based open-source platform for machine learning models	$57.8M	Andreessen Horowitz, Y Combinator & 9 others	69/100
3rd	Flower 2023, Hamburg (Germany), Series A	ML framework for federated learning	$24.1M	Felicis Ventures, Y Combinator & 7 others	62/100
4th	Outerbounds 2021, San Francisco (United States), Acquired	AI-based open-source machine learning platform	$24M	Amplify Partners, Foundation Capital & 4 others	60/100
5th	Oumi 2024, Seattle (United States), Seed	Open-source AI platform for model development and deployment	$10M	Obvious Ventures, Venrock & 2 others	57/100
6th	Giotto Technologies 2017, Switzerland, Acquired	Developer of reasoning technology designed to advance artificial general intelligence	$5.02M	Faster Capital, Park House Partners	56/100
7th	Qwen 2023, Hangzhou (China), Unfunded	Platform providing a comprehensive range of multimodal perception solutions	-	-	53/100
8th	Griptape 2023, Denver (United States), Acquired	Platform offering open source frameworks for AI implementation	$14.6M	Acequia Capital, Crosslink Capital & 3 others	52/100
9th	All Hands AI 2024, Pittsburgh (United States), Seed	Open-source software development agent	$5M	Menlo Ventures, Pillar VC & 6 others	51/100
10th	Superagent 2023, Gothenburg (Sweden), Seed	Developer of open source infrastructure for coding and deploying agents	$500K	Y Combinator, Eight Capital Management & 2 others	50/100
33rd	Explosion 2016, Berlin (Germany), Series A	Provider of open source libraries for NLP and AI	$6M	SignalFire	34/100