About Explorate
Explorate is a company based in Brisbane (Australia) founded in 2016.. Explorate has raised $7.5 million across 2 funding rounds from investors including Skalata, Saniel Ventures and EVP. Explorate offers products and services including Tracking Platform, Freight Booking, Order Management, and Emissions Calculator. Explorate operates in a competitive market with competitors including Echo Global Logistics, Transfix, uShip, Uber Freight and BlackBuck, among others.
- Headquarter Brisbane, Australia
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.5 M (USD)
in 2 rounds
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Latest Funding Round
$7.5 M (USD), Series A
Jan 20, 2022
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Investors
Skalata
& 4 more
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Employee Count
Employee Count
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Products & Services of Explorate
Explorate offers a comprehensive portfolio of products and services, including Tracking Platform, Freight Booking, Order Management, and Emissions Calculator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables real-time cargo tracking and management for businesses.
Facilitates quoting, booking, and budgeting for freight shipments.
Simplifies purchase order workflow and administrative tasks.
Measures and tracks carbon emissions for freight operations.
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Funding Insights of Explorate
Explorate has successfully raised a total of $7.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.5 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $7.5M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series A - Explorate | Valuation | EVP | |
| Jun, 2019 | Amount | Seed - Explorate | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Explorate
Explorate has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Skalata, Saniel Ventures and EVP. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in tech startups are made by Saniel Ventures.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are provided by EVP.
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Founded Year | Domain | Location | |
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Venture capital firm providing investment and support to pre-seed founders in Australia.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Explorate
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Explorate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Explorate Comparisons
Competitors of Explorate
Explorate 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 Echo Global Logistics, Transfix, uShip, Uber Freight and BlackBuck, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Technology-enabled supply chain and transportation services are provided to enterprises.
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| domain | founded_year | HQ Location |
Offers a marketplace providing on-demand load matching and freight booking services
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| domain | founded_year | HQ Location |
Global online marketplace for freight and vehicle shipping is facilitated.
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| domain | founded_year | HQ Location |
Trucking carriers are matched with shippers via an online marketplace.
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| domain | founded_year | HQ Location |
Fleet operators are connected with truckers through a digital marketplace.
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| domain | founded_year | HQ Location |
Trucking services are booked via an online marketplace platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Explorate
When was Explorate founded?
Explorate was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Explorate located?
Explorate is headquartered in Brisbane, Australia. It is registered at Brisbane, Queensland, Australia.
Is Explorate a funded company?
Explorate is a funded company, having raised a total of $7.5M across 2 funding rounds to date.
What does Explorate do?
Founded in 2016 and based in Brisbane, Australia, Explorate operates within the freight transportation sector. An online platform is maintained to link shipping lines with shippers. Sailing schedules are searchable, various lines and timetables are comparable, and booking services are facilitated digitally. Operations focus on streamlining freight logistics through this digital marketplace.
Who are the top competitors of Explorate?
What products or services does Explorate offer?
Explorate offers Tracking Platform, Freight Booking, Order Management, and Emissions Calculator.
Who are Explorate's investors?
Explorate has 5 investors. Key investors include Skalata, Saniel Ventures, EVP, Leigh Jasper, and Ricki Friede.