About Geologicai
Geologicai is a Technology company based in Calgary (Canada) founded in 2018. Geological analytics are delivered online for mining industry applications. It operates in the Technology and Natural Resources sectors. Geologicai has raised $74 million across 3 funding rounds from investors including Rio Tinto, BHP and Blue Earth Capital. The company has 49 employees. Geologicai has completed 2 acquisitions, including Lumo Analytics and Resource Modeling Solutions. Its chief executive, as recorded, is Grant Sanden. Geologicai offers products and services including Core Scanning, Digital Core Table, and Resource Modeling. Its focus areas include Enterprise Applications, Mining Tech, Exploration and Geological Mapping. Its competitors include Rocscience, Ideon and Windfall Geotek; 1 of its 3 listed competitors has raised funding.
Company details
Geologicai was founded in 2018 in Calgary, Canada, as an online platform focused on geological analytics for the mining sector. Services encompass core scanning, laser profiling, photographic scans, hyperspectral scans, XRF scans, and AI-assisted core logging. Additional solutions support rock analysis, mineral identification, quality assessments, and mapping. Operations are centered on providing data-driven tools to enhance exploration and resource evaluation processes.
- Headquarters Calgary, Canada
- Employees 49
- SectorsTechnologyNatural Resources
- Email••••••••
- Phone•••• ••••
- Website geologicai.com
- Social LinkedIn
- Total Equity Funding$74M (USD)
in 3 rounds
- Latest Funding Round$44M (USD), Series B
Jul 2025
- InvestorsRio Tinto
& 4 more
- Employee Count49
- Investments & AcquisitionsLumo Analytics
& 1 more
Products & Services of Geologicai
Geologicai offers a comprehensive portfolio of products and services, including Core Scanning, Digital Core Table, and Resource Modeling.
Multi-sensor technology for accurate mining data collection and analysis.
AI platform for consistent core logging and geological insights.
Tools for data analysis and risk-optimized mining planning.
Funding Insights of Geologicai
Geologicai has successfully raised a total of $74M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $44 million completed in July 2025. 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 $74M
- Total Rounds 3
- Last Round Series B — $44M
- First Round $20M
(Jun 2023)
- Investors Count 5
All 3 funding rounds of Geologicai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2025 | $44M | Series B | – | Blue Earth Capital | |
| Sep 2023 | $10M | Series A | – | – | |
| Jun 2023 | $20M | Series A | – | Breakthrough Energy | – |
5 investors in total: 5 institutional.
Investors in Geologicai
Geologicai has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Rio Tinto, BHP and Blue Earth Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Climate solutions are advanced via venture capital and startup acceleration. | breakthroughenergy.org | Kirkland, United States | ||
Provider of investment firm specializing in private equity and private credit | 2015 | blueearth.capital | Baar, Switzerland | |
SME loans are provided to support business exports. | 1944 | edc.ca | Ottawa, Canada | |
Multinational mining, metals, and petroleum extraction services are provided globally. | 1885 | bhp.com | Melbourne, Australia | |
Aluminium, iron ore, lithium, and other metals are manufactured. | 1873 | riotinto.com | London, United Kingdom |
Investor details for Geologicai
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People of Geologicai
22 people are tracked at Geologicai (11 in leadership, 11 in team); the tracked headcount is 49.
| Name | Role | Group |
|---|---|---|
Yannai Segal | Chief Strategy Officer (CSO) | Leadership |
Max Peddlesden | COO | Leadership |
Grant Sanden | CEO | Leadership |
Michael Flach | Chief Commercial Officer | Leadership |
Tony Damjanovic, CFA | CFO | Leadership |
Max Peddlesden, P.Eng | Chief Operating Officer | Leadership |
Dustin Borotsik | VP Energy and Data at GeologicAI | Leadership |
Michelle Legat PGeo | VP Geology | Leadership |
Jessica Andrew | Director Of Business Development | Leadership |
John Manchuk | Chief Science Officer | Leadership |
Jamie Davie | Head of Key Accounts | Leadership |
Adam MacInnis | Geological Project Manager | Team |
Hamdah Tahir | Data Scientist, Research And Development | Team |
Colin Williams | Geological Project Manager | Team |
Tynan Nelson | Field Operations | Team |
Julia Csath, GIT | Geological Operations Manager | Team |
Kale Nelson | Operations Lead | Team |
Nikko Paolo Bernardez | Data Entry Specialist | Team |
Stefan Nestorovski | Data Processing Manager | Team |
Charlotte Dawson, G.I.T. | Geological Project Manager | Team |
2 more people are available in the full profile.
Complete people profiles for Geologicai
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Geologicai
Geologicai has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Lumo Analytics and Resource Modeling Solutions.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Geological mapping platform for mining industry is operated online. | lumoanalytics.com | Helsinki, Finland | 2021 | Dec 2025 | •••• | |
Provider of resource modeling software, training, and consulting solutions in support of mining and petroleum sectors | resourcemodelingsolutions.com | Edmonton, Canada | 2018 | Feb 2024 | •••• |
Complete acquisition details for Geologicai
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Timeline of Geologicai
5 dated milestones of Geologicai across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Geologicai is founded.
- Funding First funding round of $20.0M.
- Acquisition Acquires Resource Modeling Solutions.
- Funding Latest funding round, Series B, of $44.0M.
- Acquisition Acquires Lumo Analytics.
Competitors of Geologicai
Geologicai has 3 listed competitors in our database, 1 of them funded. They include Rocscience, Ideon and Windfall Geotek.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rocscience.com | 1996 | Toronto, Canada | Geotechnical Analysis Software Provider | |||
| ideon.ai | 2020 | Richmond, Canada | $16.96M | Mineral deposits are detected via muography platform and imaging techniques. | ||
| windfallgeotek.com | 1996 | Brossard, Canada | Online geological mapping and mineral detection software is developed. |
Detailed competitors of Geologicai
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Web traffic of Geologicai
The website of Geologicai (geologicai.com) receives about 6.4K visits a month.
- Monthly visits6.4K
▲ 73.7% vs previous month
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Frequently Asked Questions about Geologicai
Geologicai was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Geologicai is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Grant Sanden is the CEO of Geologicai, as recorded in our data.
Geologicai is a funded company, having raised a total of $74M across 3 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Jun 2023.
Geologicai has 49 employees.
Geologicai was founded in 2018 in Calgary, Canada, as an online platform focused on geological analytics for the mining sector. Services encompass core scanning, laser profiling, photographic scans, hyperspectral scans, XRF scans, and AI-assisted core logging. Additional solutions support rock analysis, mineral identification, quality assessments, and mapping. Operations are centered on providing data-driven tools to enhance exploration and resource evaluation processes.
Geologicai's top competitors include Ideon, Windfall Geotek and Rocscience.
Geologicai offers Core Scanning, Digital Core Table, and Resource Modeling.
Geologicai has made 2 acquisitions, including Lumo Analytics, and Resource Modeling Solutions.
Geologicai has 5 investors. Key investors include Rio Tinto, BHP, Blue Earth Capital, Export Development Canada, and Breakthrough Energy.