About KorrAI
KorrAI is a company based in Halifax (Canada) founded in 2020 by Rob McEwan and Rahul Anand. KorrAI has raised $187.5 thousand across 3 funding rounds from investors including Y Combinator, Venture Grade and Innovacorp. The company has 12 employees as of December 31, 2024. KorrAI offers products and services including Ground Motion Monitor and Ground Motion Risk Index. KorrAI operates in a competitive market with competitors including Spire, Descartes Labs, Leica Geosystems, Albedo and Maxar Technologies, among others.
- Headquarter Halifax, Canada
- Employees 12 as on 31 Dec, 2024
- Founders Rob McEwan, Rahul Anand
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Sectors
TechnologyNatural Resources
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Phone
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Website
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Social
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- Legal Name Korrai Technologies Ltd.
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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
$187.5 K (USD)
in 3 rounds
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Latest Funding Round
$125 K (USD), Seed
Mar 30, 2022
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Investors
Y Combinator
& 2 more
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Employee Count
12
as on Dec 31, 2024
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Products & Services of KorrAI
KorrAI offers a comprehensive portfolio of products and services, including Ground Motion Monitor and Ground Motion Risk Index.
Detects ground movement for infrastructure using InSAR and AI alerts.
Evaluates subsidence threats for property insurance at regional levels.
People of KorrAI
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Funding Insights of KorrAI
KorrAI has successfully raised a total of $187.5K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $125 thousand completed in March 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.
Investors in KorrAI
KorrAI has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Y Combinator, Venture Grade and Innovacorp.
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Early-stage startups are accelerated via funding and educational programs.
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A venture fund managed by students at Saint Mary University.
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Accelerator, Incubator & VC Firm investing primarily in Canada and the US
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Investor details for KorrAI
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Investments & Acquisitions by KorrAI
Investment portfolio details for KorrAI
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Financial Statements - KorrAI
Detailed financials for KorrAI
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Korrai Comparisons
Peer comparison for KorrAI
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Competitors of KorrAI
KorrAI 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 Spire, Descartes Labs, Leica Geosystems, Albedo and Maxar Technologies, among others.
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Cloud, AI, and satellite-based data analytics solutions are developed.
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Earth satellite imagery solutions are provided for monitoring applications.
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Surveying and measurement solutions for mining industries are provided.
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Cloud-based satellite imaging and mapping platform is provided.
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AI and cloud-based satellite imaging services are provided globally.
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Data visualization software for earth and geological data is developed.
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Detailed competitors of KorrAI
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Latest news on Korrai
Complete news archive for KorrAI
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Frequently Asked Questions about KorrAI
KorrAI was founded in 2020.
KorrAI is headquartered in Halifax, Canada. It is registered at Halifax, Nova Scotia, Canada.
Rahul Anand is the current CEO of KorrAI. They have also founded this company.
KorrAI is a funded company, having raised a total of $187.5K across 3 funding rounds to date.
As of Dec 31, 2024, the latest employee count at KorrAI is 12.
KorrAI was founded in 2020 in Halifax, Canada, focusing on the mining sector through AI technologies. A platform is offered to interpret aerial and LiDAR imagery, generating contextual insights for exploration. Subscription-based access to pre-trained footprint features is provided, along with customized quick learner solutions for geofencing and related applications. Operations emphasize data-driven tools for resource identification and boundary management.
KorrAI's top competitors include Spire, Descartes Labs and Maxar Technologies.
KorrAI offers Ground Motion Monitor and Ground Motion Risk Index.
KorrAI has 3 investors. Key investors include Y Combinator, Venture Grade, and Innovacorp.