About Ideon
Ideon is a Technology company based in Richmond (Canada) founded in 2020 by Gary Agnew, Don Furseth, and Douglas Schouten. Mineral deposits are detected via muography platform and imaging techniques. It operates on a Technology-as-a-Service and Professional Services model in Technology and Natural Resources sectors. Ideon has raised $16.96 million across 2 funding rounds from investors including The University of British Columbia, Playground Global and Sprout Fund. Its chief executive, as recorded, is Gary Agnew. Ideon offers products and services including Ideon REVEAL™ Platform, REVEAL™ for Exploration, and REVEAL™ for Caving. Its focus areas include Mining Technology and Subsurface Imaging. Its legal entity is Ideon Technologies, Inc. Its competitors include Windfall Geotek and RockMass Technologies; 1 of its 2 listed competitors has raised funding.
Company details
Ideon Technologies, Inc. is focused on revolutionizing the mining industry by providing solutions to unlock critical minerals for the clean energy transition. The Ideon REVEAL platform is utilized to identify, map, and monitor mineral deposits and subsurface anomalies. Services are offered across exploration, resource management, geotechnical analysis, and caving operations. The company addresses geologic uncertainty in mining, supporting major companies in reducing risks and costs associated with subsurface exploration. Sectors served include mining and clean energy, with a strong emphasis on enabling sustainable metal supply for global climate goals.
- Total Equity Funding$16.96M (USD)
in 2 rounds
- Latest Funding Round$16M (USD), Series A
Sep 2022
- InvestorsThe University of British Columbia
& 2 more
Products & Services of Ideon
Ideon offers a comprehensive portfolio of products and services, including Ideon REVEAL™ Platform, REVEAL™ for Exploration, and REVEAL™ for Caving.
Subsurface anomalies are mapped using advanced imaging technology.
Mineral deposits are identified for exploration in mining.
Cave monitoring is enhanced with high-resolution subsurface models.
Apps and channels of Ideon
its YouTube channel Ideon Technologies has 130 subscribers and 5 videos.
Videos from Ideon
The most watched videos on Ideon's YouTube channel, Ideon Technologies (130 subscribers). Click a video to play it here.
More on Ideon Technologies.
Funding Insights of Ideon
Ideon has successfully raised a total of $16.96M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in September 2022. 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 $16.96M
- Total Rounds 2
- Last Round Series A — $16M
- First Round $959,871
(Jul 2020)
- Investors Count 3
All 2 funding rounds of Ideon 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 |
|---|---|---|---|---|---|
| Sep 2022 | $16M | Series A | – | Playground Global | – |
| Jul 2020 | $959,871 | Seed | – | UBC, Sprout Fund | – |
3 investors in total: 3 institutional.
Investors in Ideon
Ideon has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include The University of British Columbia, Playground Global and Sprout Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on tech startups | playground.global | Palo Alto, United States | ||
| sproutfund.vc | ||||
Multiple degrees and diversified courses are offered by the university. | 1908 | ubc.ca | Vancouver, Canada |
Investor details for Ideon
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People of Ideon
24 people are tracked at Ideon (9 in leadership, 15 in team).
| Name | Role | Group |
|---|---|---|
Gary Agnew | Co-Founder & CEO | Leadership |
Don Furseth | Co-Founder | Leadership |
Douglas Schouten | Co-Founder | Leadership |
Christopher Doucette | Director, Software Engineering | Leadership |
Vlad Lavrovsky | Director Hardware | Leadership |
Kim Lawrence | VP Talent & Customer Experience | Leadership |
Krysta Chapman | Chief Financial Officer | Leadership |
Leah Ringwald | Principal Talent (hr) Partner | Leadership |
Nigel Phillips | Director | Leadership |
Vanessa Jang | Marketing And Communications Specialist | Team |
Dave MacLeod | Principal Electrical | Team |
Juan Pablo Palacios | Sales Specialist | Team |
Ryan White | Senior Hardware Designer - Integration | Team |
William Xu | Project Geophysicist | Team |
Anurag Jain | Procurement Specialist | Team |
Darren Kyi | Senior Project Geophysicist (australia & Asia Pacific) | Team |
Todd Farrell | Advisor | Team |
Patrick Belliveau | Principal Applied Scientist | Team |
Erez Heilweil | Senior Devops Specialist | Team |
María G. | Manufacturing Supervisor | Team |
4 more people are available in the full profile.
Complete people profiles for Ideon
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Ideon
3 dated milestones of Ideon across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Ideon is founded.
- Funding First funding round of $960K.
- Funding Latest funding round, Series A, of $16.0M.
Competitors of Ideon
Ideon has 2 listed competitors in our database, 1 of them funded. They include Windfall Geotek and RockMass Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| windfallgeotek.com | 1996 | Brossard, Canada | Online geological mapping and mineral detection software is developed. | |||
| rockmasstech.com | 2016 | Kingston, Canada | $1.96M | Startup providing underground mapping solutions for the mining sector |
Detailed competitors of Ideon
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Web traffic of Ideon
The website of Ideon (ideon.ai) receives about 5.2K visits a month.
- Monthly visits5.2K
▼ 25.7% vs previous month
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Related news about Ideon
Complete news archive for Ideon
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Frequently Asked Questions about Ideon
Ideon was founded in 2020.
Ideon is headquartered in Richmond, Canada. It is registered at Richmond, British Columbia, Canada.
Gary Agnew is the CEO of Ideon, as recorded in our data. They have also founded this company.
Ideon is a funded company, having raised a total of $16.96M across 2 funding rounds to date. The company's 1st funding round was a Seed of $959.87K, raised on Jul 2020.
Ideon Technologies, Inc. is focused on revolutionizing the mining industry by providing solutions to unlock critical minerals for the clean energy transition. The Ideon REVEAL platform is utilized to identify, map, and monitor mineral deposits and subsurface anomalies. Services are offered across exploration, resource management, geotechnical analysis, and caving operations. The company addresses geologic uncertainty in mining, supporting major companies in reducing risks and costs associated with subsurface exploration. Sectors served include mining and clean energy, with a strong emphasis on enabling sustainable metal supply for global climate goals.
Ideon's top competitors include Windfall Geotek and RockMass Technologies.
Ideon offers Ideon REVEAL™ Platform, REVEAL™ for Exploration, and REVEAL™ for Caving.
Ideon has 3 investors. Key investors include The University of British Columbia, Playground Global, and Sprout Fund.
Ideon operates through Ideon Technologies, Inc..