About CorrosionRADAR
CorrosionRADAR is a company based in Cranfield (United Kingdom) founded in 2016. CorrosionRADAR has raised $14.38 million across 7 funding rounds from investors including Mercia, Dow and Aramco Ventures. The company has 18 employees as of December 31, 2021. CorrosionRADAR operates in a competitive market with competitors including ServiceMax, AspenTech, Aker Solutions, Silixa and QLM, among others.
- Headquarter Cranfield, United Kingdom
- Employees 18 as on 31 Dec, 2021
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Sectors
TechnologyEnergy & Utilities Industrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Corrosion Radar Limited
- Date of Incorporation 18 Apr, 2017
- Jurisdiction BEDFORD, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$14.38 M (USD)
in 7 rounds
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Latest Funding Round
$6.43 M (USD), Series A
Jul 30, 2024
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Investors
Mercia
& 6 more
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Employee Count
18
as on Dec 31, 2021
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People of CorrosionRADAR
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Funding Insights of CorrosionRADAR
CorrosionRADAR has successfully raised a total of $14.38M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $6.43 million completed in July 2024. 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.
Investors in CorrosionRADAR
CorrosionRADAR has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Mercia, Dow and Aramco Ventures.
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Early-stage startups are targeted for investment by Aramco Ventures.
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Operations in industrial, energy, logistics, shipping, travel, and real estate sectors across multiple regions.
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Investor details for CorrosionRADAR
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Investments & Acquisitions by CorrosionRADAR
Investment portfolio details for CorrosionRADAR
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Financial Statements - CorrosionRADAR
Detailed financials for CorrosionRADAR
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Corrosionradar Comparisons
Peer comparison for CorrosionRADAR
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Competitors of CorrosionRADAR
CorrosionRADAR 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 ServiceMax, AspenTech, Aker Solutions, Silixa and QLM, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based software is provided for field service and asset management.
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AI-based software for manufacturing process optimization is offered.
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Diversified solutions for oil and gas operations are provided worldwide.
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Provider of fibre optic monitoring solutions for the oil and gas industry
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Quantum sensing technology is provided for natural gas leak detection.
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Detailed competitors of CorrosionRADAR
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Latest news on Corrosionradar
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Frequently Asked Questions about CorrosionRADAR
CorrosionRADAR was founded in 2016.
CorrosionRADAR is headquartered in Cranfield, United Kingdom. It is registered at Cranfield, Bedfordshire, United Kingdom.
CorrosionRADAR is a funded company, having raised a total of $14.38M across 7 funding rounds to date.
As of Dec 31, 2021, the latest employee count at CorrosionRADAR is 18.
Corrosion RADAR was founded in 2016 and is based in Cranfield, United Kingdom. Operations focus on the oil and gas sector, where sensors are supplied to detect and monitor corrosion and moisture conditions in assets. Risk-based inspection programs are converted into predictive, data-driven approaches using advanced analytical models integrated with real-time integrity data. This setup supports ongoing asset management without reliance on traditional methods.
CorrosionRADAR's top competitors include AspenTech, ServiceMax and QLM.
CorrosionRADAR has 7 investors. Key investors include Mercia, Dow, Aramco Ventures, YBA Kanoo, and Future Fund.