About Explicit
Explicit is a company based in Virum (Denmark) founded in 1998. The company has 14 employees. Explicit offers products and services including Drone Flux Measurement, Flare Efficiency Measurement, Maritime Solution, and E-Lab. Explicit operates in a competitive market with competitors including STAX, Eniram, Smart Green Shipping, Ascenz and Yara Marine, among others.
- Headquarter Virum, Denmark
- Employees 14
- SectorsTransportation, Automotive & LogisticsEnvironment
- Email••••••••
- Phone•••• ••••
- Website explicit.dk
- Social LinkedIn X
- Legal Name Explicit Aps
- Net Profit$857.59 K (USD)59as on Dec 31, 2022
- Latest Funding Round$101.61K (USD), Grant
May 2019
- InvestorsEuropean Union
& 1 more
- Employee Count14
Products & Services of Explicit
Explicit offers a comprehensive portfolio of products and services, including Drone Flux Measurement, Flare Efficiency Measurement, Maritime Solution, and E-Lab.
Quantifies greenhouse gas emissions using drones for energy sectors.
Assesses flare efficiency to reduce environmental impact.
Monitors vessel emissions for compliance in maritime industry.
Provides lab-based analysis of emissions data for accuracy.
Funding Insights of Explicit
- Total Rounds 3
- Last Round Grant — $101,605
- First Round $56,535
(Feb 2015)
- Investors Count 2
All 3 funding rounds of Explicit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2019 | $101,605 | Grant | – | – | |
| Jul 2015 | $54,762 | Grant | – | – | |
| Feb 2015 | $56,535 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Explicit
Explicit has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and EIC Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Explicit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Explicit
1 people are tracked at Explicit (1 in leadership); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
Jon Knudsen | CEO | Leadership |
Complete people profiles for Explicit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Explicit
3 dated milestones of Explicit across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Explicit is founded.
- Funding First funding round of $57K.
- Funding Latest funding round, Grant, of $102K.
Competitors of Explicit
Explicit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as STAX, Eniram, Smart Green Shipping, Ascenz and Yara Marine, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| staxengineering.com | 2016 | Los Angeles, United States | $50M | – | Emission control systems for maritime vessels are provided. | |
| eniram.fi | 2005 | Helsinki, Finland | $6.5M | – | Fuel saving system for maritime vessels | |
| smartgreenshipping.com | 2019 | Devizes, United Kingdom | $2.92M | 3 | Auxiliary sails for ship propulsion systems are developed. | |
| ascenz.com | 2008 | Singapore | $482,000 | – | Fuel monitoring systems are supplied for the shipping sector. | |
| yaramarine.com | 2010 | Oslo, Norway | – | – | Emission control systems for the maritime sector are provided. | |
| fuelsave.de | 2012 | Walldorf, Germany | $37.79M | 5 | Offers solutions to improve fuel efficiency in engines. |
Detailed competitors of Explicit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Similar companies to Explicit
10 companies that operate in the same segment as Explicit (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Explicit
Explicit was founded in 1998 and raised its 1st funding round 17 years after it was founded.
Explicit is headquartered in Virum, Denmark.
Jon Knudsen is the current CEO of Explicit.
Explicit has 14 employees.
Explicit was founded in 1998 in Virum, Denmark, within the environmental monitoring sector. Solutions for maritime emissions surveillance are provided, focusing on microsensor technology and data systems for sea-based environmental mapping. Smart instruments and payloads are developed for UAVs and manned helicopters, alongside robust data infrastructures. These enable authorities to collect and analyze emissions data for enforcement purposes across maritime operations.
Explicit's top competitors include Smart Green Shipping, STAX and Eniram.
Explicit offers Drone Flux Measurement, Flare Efficiency Measurement, Maritime Solution, and E-Lab.
Explicit has 2 investors. Key investors include European Union, and EIC Fund.
Explicit operates through Explicit Aps.