Explain logo — AI for professionals working with the public sector

Explain

AI for professionals working with the public sector

Founded 2012 France France 43 employees Series A Total: $10.00M Analytics, Big Data +2

General Information

Company Name Explain
Founded Year 2012
Location France France
Employees 43
Industries Analytics, Big Data, Information Technology +1
Funding Stage Series A
Social

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About Explain

Explain is a cutting-edge AI company that focuses on serving professionals engaged with the public sector. With the slogan "AI for professionals working with the public sector," they have carved a niche for themselves in the market. The company, founded in 2013 in France, specializes in utilizing LLM in public sector data and offers an AI SaaS platform that streamlines the entire process of responding to public contracts.

Having secured a recent €6.00M Series A investment on 03 April 2023 from a consortium of investors including Odyssée Venture, Holnest, and Didier Le Menestrel, Explain is well poised for expansion and growth in the upcoming years.

The company currently collaborates with over 70 clients, including a significant portion of the CAC 40. Their clientele spans across diverse industries such as energy, environment, telecoms, construction, energy efficiency, and city or smart city sectors. The company's aspiration to establish a global presence in generative AI, with a 100% European technology, underscores their commitment to contributing to the development of a robust European AI ecosystem that can effectively compete with industry giants like the United States and China. To learn more about why their clients have chosen them, visit here.

Business keywords: AI SaaS platform, Public sector, Government contracts, Market intelligence, European technology, Generative AI, Local events, Regulation compliance, European AI ecosystem, Global player, Energy sector, Smart city solutions, Telecom industry, Campaign targeting software

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A €6.00M 3
Odyssée Venture, Holnest +1
03 Apr 2023
Venture Round €4.00M 2
Kima Ventures, Odyssée Venture
04 Dec 2017

Explain Alternatives & Competitors

Explain vs

Recruitment Smart is an HR Tech startup on a mission to bring disruptive technology to the Recruitme...

Series A
41 employees
AI, Information Technology
Explain vs

Smart. Reliable. Proven. Transition intelligence for cities, regions and nations.

Series A
53 employees
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FAQ About Explain

AI for professionals working with the public sector
Explain was founded in 2012.
Explain is headquartered in France.
Explain operates in Analytics, Big Data, Information Technology and Machine Learning. Its work centres on AI SaaS platform, Public sector, Government contracts and Market intelligence.
Explain has approximately 43 employees.
Explain has completed 2 funding rounds, raising a total of $10.00M. The latest funding stage is Series A.
Top alternatives and competitors to Explain include Recruitment Smart Technologies, ClimateView. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Explain and Recruitment Smart Technologies are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Explain, https://bouncewatch.com/company/explain, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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