Explosion
8 known investors
Explosion builds developer tools and libraries for natural language processing, including the open-source spaCy library and the Prodigy annotation tool, along with new products for agentic and modular NLP development. Its offerings serve developers and enterprises building custom information extraction and document understanding pipelines that run in-house.
Founders & leadership
IM
Ines MontaniinFounder
MH
Matthew Honnibal
Investors · 8
SignalFireSan Francisco · $250K – $15M
AccelreportedPalo Alto · $1.6M – $70M
Coatue ManagementreportedNew York · $1M – $20M
Felicis VenturesreportedSan Francisco · $500K – $15M
GICreportedSingapore
Y CombinatorreportedSan Francisco · $500K
Also in the syndicate · 2
CraftPeak XV
Funding
SEC filings, press & company announcements- Undisclosed amountSeries FJun 2026
GIC (lead), Accel, Coatue, Craft, Felicis, Peak XV, Y Combinator
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Explosion do?
- Explosion builds developer tools and libraries for natural language processing, including the open-source spaCy library and the Prodigy annotation tool, along with new products for agentic and modular NLP development. Its offerings serve developers and enterprises building custom information extraction and document understanding pipelines that run in-house.
- Who founded Explosion?
- Explosion was founded by Ines Montani, Matthew Honnibal.
- Who are Explosion's investors?
- Explosion's investors include SignalFire, Accel, Coatue Management, Felicis Ventures, GIC, Y Combinator.