Geologicai

Calgary, Canada Founded: 2018 • Age: 8 yrs
Geological analytics are delivered online for mining industry applications.

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
  • Sectors
    Technology
    Natural Resources
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Geospatial, Imaging & Sensing Technology
Natural Resources → Mining & Quarrying
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $74 M (USD)

    in 3 rounds

  • Latest Funding Round
    $44 M (USD), Series B

    Jul 17, 2025

  • Investors
    Rio Tinto

    & 4 more

  • Employee Count
    49

    as on May 27, 2025

  • Investments & Acquisitions
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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.

Primary

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.

People of Geologicai
Headcount 200-500
Employee Profiles 21
Employee Profiles
People
Michael Flach
Chief Commercial Officer
People
Tony Damjanovic, CFA
CFO
People
Hamdah Tahir
Data Scientist, Research And Development
People
Colin Williams
Geological Project Manager

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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 Rounds 3
  • Last Round Series B — $44.0M
  • 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

Jun, 2023 Amount Series A - Geologicai Valuation Breakthrough Energy
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Climate solutions are advanced via venture capital and startup acceleration.
Founded Year Domain Location
Provider of investment firm specializing in private equity and private credit
Founded Year Domain Location
SME loans are provided to support business exports.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Geological mapping platform for mining industry is operated online.
2021
Provider of resource modeling software, training, and consulting solutions in support of mining and petroleum sectors
2018
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Geologicai

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Geologicai Comparisons

Employees
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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.
domain founded_year HQ Location
Geotechnical Analysis Software Provider
domain founded_year HQ Location
Mineral deposits are detected via muography platform and imaging techniques.
domain founded_year HQ Location
Online geological mapping and mineral detection software is developed.
domain founded_year HQ Location
AI-based security intelligence solutions for mine action are provided.
domain founded_year HQ Location
Specialized 3D modeling software is provided for mining applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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.

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