2019 - AI for public data
Explain is the winner of the I-Nov competition, which promotes the emergence of French companies with the potential to become global leaders.
The jury supported the deep tech project led by Explain, funding the development of the first AI for public data.
2020-2021 - Research and Development
Our developers train their models on tens of thousands of public data and make accessible and analyzable more than 50 million documents, published by local authorities, governments and local newspapers.
At the same time, the Product team conducts hundreds of interviews with professionals to understand the difficulties associated with public procurement and design a product that meets their needs.
2022 - Go to market
Explain is winning over its first customers, including twenty major accounts in Energy, Environment, Development and Telecommunications sectors.
After the first few months of use, our users say they process 3x more information in 5x less time. The result: 100% customer subscriptions were renewed at the end of the first year.
2023 - Acceleration
Explain enjoys strong commercial traction with more than 60 converted customers, a quarter of which are CAC 40 companies. The company is accelerating its development with a financing round of 6 million euros.
On the tech side, the team is accelerating its AI roadmap by recruiting new profiles of machine learning researchers, to be at the forefront of R&D on Large Language Models (the technology behind ChatGPT).
2024 - Towards a world without paperwork
We believe that simpler access to data related to the public sector facilitates public-private dialogue, thereby improving the quality of services that citizens benefit from.
Within 5 years, our ambition is to see our technology used worldwide, radically transforming the approach to public tenders and administrative authorizations.
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