Explorance

Explorance is a provider of feedback analytics solutions founded in 2003. The company offers a suite of products designed to help organizations gather, analyze, and act on feedback data from employees, students, and learners. Its flagship product, Blue, is a Learning Experience Management (LEM) solution that enables organizations to assess and improve course evaluations, institutional surveys, 360-degree feedback reviews, and advisor assessments. In March 2023, Explorance launched BlueML, an AI-powered machine learning tool that delivers actionable insights from large datasets of comments and feedback in minutes. The company later rebranded BlueML to MLY, which can analyze and categorize 1 million comments per hour.

Explorance's other offerings include Metrics That Matter, a learning analytics platform, and Bluepulse, a real-time feedback tool. The company's solutions are designed to facilitate continuous improvement by measuring stakeholder needs, expectations, skills, knowledge, and competencies. In November 2023, Explorance unveiled Blue 9, described as the next generation feedback software that aims to transform feedback from a data collection exercise into a dynamic, two-way conversation.

Explorance's technology has earned industry recognition, including multiple accolades from the Brandon Hall Group for advancements in AI and machine learning. The company has also been named a leader in the global 360 Degree Feedback Software Market by Fortune Business Insights for two consecutive years. In 2024, Explorance was included in TIME's list of Top EdTech Companies, being the only organization from Quebec and one of only six from Canada to make the list.

Key customers and partnerships

Explorance works with 25% of the Fortune 100 companies and 25% of the top higher education institutions, including eight of the world's top 10 business schools. As of 2023, the company supports more than 20 million people across various sectors. Notable clients include academic institutions such as the University of Melbourne, University of Pennsylvania, University of Toronto, and organizations like Aramco, National Bank of Canada, and NASA.

Explorance has also partnered with Microsoft Worldwide Learning, integrating its MLY platform to enhance the company's data-driven approach to learner-centric training. In 2023, Explorance received the Ellucian Innovation Excellence Partner Award, highlighting its commitment to collaboration and delivering exceptional outcomes to educational institutions.