About Geologicai
Geologicai is a company based in Calgary (Canada) founded in 2018.. Geologicai has raised $74 million across 3 funding rounds from investors including Rio Tinto, BHP and Blue Earth Capital. The company has 49 employees as of May 27, 2025. Geologicai has completed 2 acquisitions, including Lumo Analytics and Resource Modeling Solutions. Geologicai offers products and services including Core Scanning, Digital Core Table, and Resource Modeling. Geologicai operates in a competitive market with competitors including exodigo, Rocscience, Ideon, Windfall Geotek and 4M Analytics, among others.
- Headquarter Calgary, Canada
- Employees 49 as on 27 May, 2025
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Sectors
TechnologyNatural Resources
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$74 M (USD)
in 3 rounds
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Latest Funding Round
$44 M (USD), Series B
Jul 17, 2025
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Investors
Rio Tinto
& 4 more
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Employee Count
49
as on May 27, 2025
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Investments & Acquisitions
Lumo Analytics
& 1 more
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Products & Services of Geologicai
Geologicai offers a comprehensive portfolio of products and services, including Core Scanning, Digital Core Table, and Resource Modeling. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
Unlock access to complete
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 Total Funding
- Total Rounds 3
- Last Round Series B — $44.0M
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First Round
First Round
(29 Jun 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series B - Geologicai | Valuation | Blue Earth Capital | |
| Sep, 2023 | Amount | Series A - Geologicai | Valuation |
investors |
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| Jun, 2023 | Amount | Series A - Geologicai | Valuation | Breakthrough Energy |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Climate solutions are advanced via venture capital and startup acceleration.
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Provider of investment firm specializing in private equity and private credit
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SME loans are provided to support business exports.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Geological mapping platform for mining industry is operated online.
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2021 | ||||
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Provider of resource modeling software, training, and consulting solutions in support of mining and petroleum sectors
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Geologicai
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Geologicai Comparisons
Competitors of Geologicai
Geologicai 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 exodigo, Rocscience, Ideon, Windfall Geotek and 4M Analytics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based subsurface mapping services are provided by Exodigo.
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| domain | founded_year | HQ Location |
Geotechnical Analysis Software Provider
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| domain | founded_year | HQ Location |
Mineral deposits are detected via muography platform and imaging techniques.
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| domain | founded_year | HQ Location |
Online geological mapping and mineral detection software is developed.
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| domain | founded_year | HQ Location |
AI-based security intelligence solutions for mine action are provided.
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| domain | founded_year | HQ Location |
Specialized 3D modeling software is provided for mining applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Geologicai
Frequently Asked Questions about Geologicai
When was Geologicai founded?
Geologicai was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is Geologicai located?
Geologicai is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Who is the current CEO of Geologicai?
Grant Sanden is the current CEO of Geologicai.
Is Geologicai a funded company?
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 29, 2023.
How many employees does Geologicai have?
As of May 27, 2025, the latest employee count at Geologicai is 49.
What does Geologicai do?
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.
Who are the top competitors of Geologicai?
Geologicai's top competitors include exodigo, Ideon and Mine Vision Systems.
What products or services does Geologicai offer?
Geologicai offers Core Scanning, Digital Core Table, and Resource Modeling.
How many acquisitions has Geologicai made?
Geologicai has made 2 acquisitions, including Lumo Analytics, and Resource Modeling Solutions.
Who are Geologicai's investors?
Geologicai has 5 investors. Key investors include Rio Tinto, BHP, Blue Earth Capital, Export Development Canada, and Breakthrough Energy.