Explorium Ltd.

Founded in 2017 by CEO Mr. Maor Shlomo, COO Or Tamir, and CTO Omer Har, and based in Tel Aviv, Israel, Explorium Ltd. operates as an automated external data platform for advanced analytics and machine learning. Explorium provides solutions to data scientists, data and analytics leaders, risk and fraud leaders, and marketing leaders and its clients range from small businesses to Fortune 500 companies.

The company’s solutions are used in lead scoring, demand forecasting, risk modeling, insurance customer lifetime value, and other use cases such as e-commerce recommendations, anomaly detection for anti-money laundering, and across the entertainment and financial services. In 2020, Explorium Ltd. raised USD 31 million in Series B funding led by returning investor Zeev Ventures, with participation from new investors. In 2021, Explorium Ltd.

raised USD 75 million in Series C funding led by new investor Insight Partners, with participation from returning investors. The company has collaboration agreements with cloud companies including Amazon Web Services (AWS) and Snowflake Inc. , as well as with data-based strategy consulting companies, such as Nova Consulting. As of 2021, the company staffs 130 employees.

Explorium offers an end-to-end augmented data science platform, external data, and DSaaS(data-science as a service), a turnkey managed solution to augment the machine learning capabilities and enable the data scientists to handle the predictive models through the Explorium platform and provide insights. The company’s external data platform provides access to data sources such as company, people, geospatial, and time-based data that enhances analytical and ML models. Exporums’s Signal Studio provides data enrichments that help data scientists and analysts to find and integrate external data signals for their advanced analytics pipeline. The company’s data-science platform powered by Exploriums’ ML engine provides end-to-end capabilities from automated data discovery out of premium, public, and proprietary data sources through model building and deployment.

ML engine works in a stepwise fashion: define goals, enrich data with augmented data discovery, chose a feature set, select model, and deploy. Explorium Ltd. plans on utilizing the Series C funding to continue to expand operations and its business reach. The company also plans on increasing its headcount in both the US and Israel.