Who founded Explosion?

Explosion was founded by Ines Montani, Matthew Honnibal.

Who are Explosion's investors?

Explosion's investors include SignalFire, Accel, Coatue Management, Craft Ventures, Felicis Ventures, GIC, Peak XV Partners, Y Combinator.

Explosion

8 known investors

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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.

AI & Machine Learning Data & Infrastructure Developer Tools

Founders & leadership

Ines MontaniFounder

Matthew Honnibal FounderMatthew Honnibal authored the spaCy open-source NLP library and founded Explosion to make natural language processing development more accessible to developers. He holds a doctoral degree in linguistics with published research on parsing, named entity linking, and language understanding systems.

Investors · 8

SignalFirelisted by SignalFireSan Francisco · $250K – $15M

How we know: SignalFire's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

AccelreportedPalo Alto · $500K – $100M

How we know: pymnts.com · Not right? Tell us

Coatue ManagementreportedNew York · $1M – $20M

How we know: pymnts.com · Not right? Tell us

Craft VenturesreportedSan Francisco · $50K – $50M

How we know: pymnts.com · Not right? Tell us

Felicis VenturesreportedSan Francisco · $500K – $15M

How we know: pymnts.com · Not right? Tell us

GICreportedSingapore

How we know: pymnts.com · Not right? Tell us

Peak XV PartnersreportedBengaluru · $100K – $10M

How we know: pymnts.com · Not right? Tell us

Y CombinatorreportedSan Francisco · $500K

How we know: pymnts.com · Not right? Tell us

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

Explosion AI | EU-Startupseu-startups.com · Jan 2022

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, Craft Ventures, Felicis Ventures, GIC, Peak XV Partners, Y Combinator.