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Coratia - About the company

Coratia is a seed company based in Rourkela (India), founded in 2021 by Debendra Pradhan and Biswajit Swain. It operates as a Provider of underwater inspection services using robotic vehicles. Coratia has raised $2.74M in funding from investors like Pontaq, Piper Serica and MGF Kavachh, with a current valuation of $*****. The company has 251 active competitors, including 43 funded and 21 that have exited. Its top competitors include companies like Planys Technologies, EyeROV and Rovco.

Company Details

Provider of underwater inspection services using robotic vehicles. This company offers solutions utilizing remotely operated vehicles (ROVs) and autonomous underwater vehicles (AUVs) for a variety of underwater applications. The vehicles are equipped with advanced features such as cameras, sonar, and GPS for accurate positioning and operation in challenging environments, including those with limited visibility. The company's expertise extends to the development and deployment of these robotic systems, providing clients with comprehensive underwater inspection capabilities.
Social
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Email ID
*****@coratia.com
Registered Address
NATIONAL INSTITUTE OF TECHNLOGY, Sundargarh, ROURKELA, Orissa, India, 769008
Key Metrics
Founded Year
2021
Location
Rourkela, India
Stage
Seed
Total Funding
$2.74M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 18, 2025
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
34 as on Aug 31, 2026
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Coratia's funding and investors

Coratia has raised a total funding of $2.74M over 6 rounds. Its first funding round was on Mar 05, 2022. Its latest funding round was a Seed round on Nov 12, 2025 for $*****. 3 investors participated in its latest round. Coratia has 4 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Coratia:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 12, 2025
5760053
Seed
4796378
8758307
2693884
1209666
Jun 27, 2025
3490284
Seed
7685822
7038985
2028005
6943373
Aug 16, 2024
5009784
Seed
7816186
9340221
6778191
8433339
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Coratia's founders and board of directors

Founder? Claim Profile
The founders of Coratia are Debendra Pradhan and Biswajit Swain. Debendra Pradhan is the CEO of Coratia.
Here are the details of Coratia's key team members:

Coratia's Board of Directors

Coratia's board has 2 active members. Debendra Pradhan and Biswajit Swain are part of team.
Here is the list of Coratia's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 8m
Team
-
Current
4y 8m

Coratia's employee count trend

Coratia has 34 employees as of Aug 26. Here is Coratia's employee count trend over the years:
Employee count trend for Coratia
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Coratia's Competitors and alternates

Top competitors of Coratia include Planys Technologies, EyeROV and Rovco. Here is the list of Top 10 competitors of Coratia, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Planys Technologies
Planys Technologies
2015, Chennai (India), Series B
Provider of marine underwater robotics inspection platform
$21.4M
68/100
2nd
Logo for EyeROV
EyeROV
2016, Kochi (India), Seed
Provider of autonomous underwater vehicles and data analytics platform services
$3.44M
63/100
3rd
Logo for Rovco
Rovco
2016, Bristol (United Kingdom), Deadpooled
Provider of AI-driven ROVs and services for inspection of ships
$38.5M
63/100
4th
Logo for Kraken Robotics
Kraken Robotics
2008, Paradise Cove (Canada), Public
Provider of unmanned maritime vehicles
-
61/100
5th
Logo for Bedrock
Bedrock
2019, Brooklyn (United States), Series A
Operator of autonomous underwater vehicles providing high-resolution seafloor data services
$62.9M
60/100
6th
Logo for Rekise Marine
Rekise Marine
2017, Bengaluru (India), Seed
Manufacturer of autonomous robotic solutions
$14.4M
60/100
7th
Logo for Chasing
Chasing
2000, Shenzhen (China), Series C
Manufacturer of remotely operated underwater vehicles and related accessories
$17.5M
59/100
8th
Logo for Seasats
Seasats
2020, San Diego (United States), Series A
Manufacturer of unmanned surface vehicles for sea inspection
$50.1M
57/100
9th
Logo for Vatn Systems
Vatn Systems
2023, Portsmouth (United States), Series A
Developer of autonomous underwater vehicles
$76.5M
57/100
10th
Logo for Coratia
Coratia
2021, Rourkela (India), Seed
Provider of underwater inspection services using robotic vehicles
$2.74M
54/100
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Coratia's Latest cap tables and shareholding

Founders (largest shareholder) own 68.81%, Funds own 19.90% and ESOP Pool own 11.28%. The net worth of Coratia's founders is INR 44.7Cr as of Jun 28, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
68.81%
44.7Cr
8712008
1932380
9559854
4547092
6340078
6135387
8869624
3134511
5744011
5699272
2608472
6204603
7315140
3357668
6496243
7936412
Fund
19.90%
12.9Cr
4628008
7301745
4463062
2225747
9506593
1697732
2315914
4634992
8787650
6001269
3482216
3891990
8265465
8524272
9934448
5630306
ESOP Pool
11.28%
7.33Cr
9723769
7652860
2666642
2520156
Total
99.99%
65Cr
6820697
9689407
4435432
8998373
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Coratia's Shareholding

Coratia's Investments and acquisitions

Coratia has made no investments or acquisitions yet.

Reports related to Coratia

Here is the latest report on Coratia's sector:

News related to Coratia

Media has covered Coratia for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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FAQs about Coratia

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