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Company profile: Explorance

1.1 - Company Overview

Explorance Logo

Explorance

Headquarter: Canada
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of feedback and journey analytics solutions for higher education and workplaces, including Blue, Metrics That Matter (MTM), MLY, 360-degree feedback, and a Journey Analytics framework to automate collection and analysis of feedback and learning data, improving teaching effectiveness, student success, and learning effectiveness with insights, recommendations, and trend identification over time.

Products and services

  • Journey Analytics: Architects a longitudinal framework adapted for students and employees to analyze feedback over time, identifying trends and areas for improvement
  • Blue: Engineers a data-driven feedback analytics platform for higher education institutions to improve teaching effectiveness and student success through data-driven insights
  • MLY: Produces an AI-powered platform that captures and analyzes qualitative feedback from students and employees, providing insights and recommendations

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Explorance

ClearScholar Logo

ClearScholar

HQ: United States Website
  • Description: Provider of a vibrant, mobile, and personalized student engagement experience that reflects the dynamic nature of modern campus life and connects students to each other and the institution.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full ClearScholar company profile →
Kivuto Logo

Kivuto

HQ: Canada Website
  • Description: Provider of advanced digital distribution and management solutions for secure delivery of digital resources globally. Offers Kivuto Cloud for centralized management and distribution of licenses and resources in education; Texidium for end-to-end eBook management and reading; software and digital book distribution and fulfillment for vendors and publishers serving educational institutions worldwide.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Kivuto company profile →
Parchment Logo

Parchment

HQ: United States Website
  • Description: Provider of an education technology platform for requesting, verifying, issuing, receiving, and sharing academic credentials, including transcripts and diplomas. Solutions include Parchment Platform, District Transfer for managing student transfer document requests, Records Digitization, Parchment Digitary Services for global digital credentials, Digital Badges, and Orders for secure student credential requests.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Parchment company profile →
Cengage Group Logo

Cengage Group

HQ: United States Website
  • Description: Provider of affordable EdTech solutions for secondary and higher education, helping learners achieve educational and career goals. Offers Cengage Unlimited subscription access to learning materials and platforms; MindTap digital textbooks, assignments, and tools; WebAssign for science and math; CNOW adaptive coursework; OWLv2 chemistry learning; SAM Microsoft Office and computer concepts.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Cengage Group company profile →
RaiseMe Logo

RaiseMe

HQ: United States Website
  • Description: Provider of micro-scholarships that let high school and college students earn scholarships from colleges for academic and extracurricular achievements; transfer student scholarships based on achievements in current college; and family assistance scholarships recognizing contributions of low-income students with family obligations.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full RaiseMe company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Explorance

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Explorance

2.2 - Growth funds investing in similar companies to Explorance

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4 - Top valuation comps for Explorance

4.2 - Public trading comparable groups for Explorance

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4.3 - M&A Transactions similar to Explorance

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Explorance

What does Explorance do?

Explorance is a provider of feedback and journey analytics solutions for higher education and workplaces, including Blue, Metrics That Matter (MTM), MLY, 360-degree feedback, and a Journey Analytics framework to automate collection and analysis of feedback and learning data, improving teaching effectiveness, student success, and learning effectiveness with insights, recommendations, and trend identification over time.

Who are Explorance's competitors?

Explorance's competitors and similar companies include ClearScholar, Kivuto, Parchment, Cengage Group, and RaiseMe.

Where is Explorance headquartered?

Explorance is headquartered in Canada.

How many employees does Explorance have?

Explorance has 1,000 employees 🔒.

When was Explorance founded?

Explorance was founded in 2010 🔒.

What sector and industry vertical is Explorance in?

Explorance is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Explorance

Who are the top strategic acquirers in Explorance's sector and industry

Top strategic M&A buyers and acquirers in Explorance's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Explorance?

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Financial Investors investing in Explorance's sector and industry vertical

Which are the top PE firms investing in Explorance's sector and industry vertical?

Top PE firms investing in Explorance's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Explorance's sector and industry vertical?

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Who are the top growth equity funds investing in companies in Explorance's sector and industry vertical?

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Valuation benchmarks of companies in Explorance's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Explorance?

The key public trading comparables and valuation benchmarks for Explorance include █████████, ██████████, ████████████, and ████████████ 🔒.

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What are recent M&A transactions in Explorance's sector and industry vertical?

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What are recent capital raises and funding rounds in Explorance's' sector and industry vertical?

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