When was CorrosionRADAR founded?

CorrosionRADAR was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is CorrosionRADAR located?

CorrosionRADAR is headquartered in Cambridge, United Kingdom.

Who is the current CEO of CorrosionRADAR?

Chiraz Ennaceur of CorrosionRADAR.

Which legal entities is CorrosionRADAR associated with?

CorrosionRADAR is associated with CorrosionRADAR Ltd.

How many employees does CorrosionRADAR have?

As of Sep 30, 2026, the latest employee count at CorrosionRADAR is 47.

Is CorrosionRADAR a funded company?

CorrosionRADAR is a funded company, having raised a total of $14.4M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2016.

How much is CorrosionRADAR worth?

The latest valuation of CorrosionRADAR is £***** as of Apr 20, 2023.

When was the latest funding round of CorrosionRADAR?

CorrosionRADAR's latest funding was a $***** Series A round on Jul 30, 2024, with participation from 4 investors.

Where does CorrosionRADAR rank among its competitors?

CorrosionRADAR ranks 6th amongst 517 active competitors, of which 31 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was QLM, which secured $4.57M in Nov, 2025.

Who are the top competitors of CorrosionRADAR?

CorrosionRADAR's top competitors include AspenTech, Kongsberg Digital and QLM. Among them, QLM secured the most recent funding round in November, 2025.

CorrosionRADAR - 2026 Company Profile, Team, Funding & Competitors

CorrosionRADAR is a series A company based in Cambridge (United Kingdom), founded in 2016 by Chiraz Ennaceur and Mehrdad Silatani. It operates as a Provider of corrosion management solution for the oil and gas industry. CorrosionRADAR has raised $14.4M in funding from investors like Mercia, Aramco Ventures and Future Fund, with a current valuation of £*****. The company has 517 active competitors, including 31 funded and 37 that have exited. Its top competitors include companies like AspenTech, Kongsberg Digital and QLM.

Company Details

Corrosion RADAR offers a corrosion management solution for the oil and gas industry. The product offered is a sensor to detect, monitor corrosion, and moisture conditions. It transforms risk-based inspection programs into predictive & data-driven programs by harnessing the power of advanced analytical models and real-time data on the asset's integrity.

Website: www.corrosionradar.com/
Social
Phone Number: +44 **********

Key Metrics

Founded Year

2016

Location

Cambridge, United Kingdom

Stage

Series A

Total Funding

$14.4M in 7 rounds

Latest Funding Round

Series A, Jul 30, 2024, $*****

Post Money Valuation

£***** as on Apr 20, 2023

Investors

Mercia & 9 more

Ranked

6^th among 517 active competitors

Employee Count

47 as on Sep 30, 2026

Similar Companies

Kongsberg Digital & 268 more

View CorrosionRADAR's full profile

CorrosionRADAR is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CorrosionRADAR Ltd CIN: 10727666 , United Kingdom, Active	Apr 17, 2017	-	18 (As on Dec 31, 2021)

CorrosionRADAR has raised a total funding of $14.4M over 7 rounds. Its first funding round was on 2016. Its latest funding round was a Series A round on Jul 30, 2024 for $*****. 4 investors participated in its latest round. CorrosionRADAR has 10 institutional investors.

Here is the list of recent funding rounds of CorrosionRADAR:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 30, 2024	5459581	Series A	7765430	2189224	3902546	7965759
Apr 25, 2024	8807924	Series A	8130546	1663446	8257284	Finindus
Feb 10, 2021	8159086	Series A	3718544	5852875	Mercia	Aramco Ventures

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View details of CorrosionRADAR's funding rounds and investors

The founders of CorrosionRADAR are Chiraz Ennaceur and Mehrdad Silatani.

Here are the details of CorrosionRADAR's key team members:

Chiraz Ennaceur: Co-Founder & CEO of CorrosionRADAR.
Contact Info: 1 email address
Mehrdad Silatani: Co-Founder & COO of CorrosionRADAR.
Contact Info: 1 email address

View details of CorrosionRADAR's Founder profiles and Board Members

CorrosionRADAR's employee count trend

CorrosionRADAR has 47 employees as of Sep 26. Here is CorrosionRADAR's employee count trend over the years:

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Top competitors of CorrosionRADAR include AspenTech, Kongsberg Digital and QLM. Here is the list of Top 10 competitors of CorrosionRADAR, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	AspenTech 1981, Bedford (United States), Acquired	Provider of enterprise asset performance management, asset performance monitoring, and asset optimization software solutions	$100M	Advent International, Transpac & 4 others	73/100
2nd	Kongsberg Digital 1814, Lysaker (Norway), Series C	Developer of industrial software for asset design, operations, and maintenance	$90M	Idekapital, Shell & 1 others	63/100
3rd	QLM 2017, Paignton (United Kingdom), Series A	Provider of quantum sensing technology for natural gas leak detection	$23.4M	Green Angel Ventures, SLB & 17 others	62/100
4th	ServiceMax 2007, Pleasanton (United States), Acquired	Cloud-based software provider for field force and asset management	$309M	Salesforce Ventures, Meritech & 21 others	59/100
5th	CSE Global 1985, Singapore (Singapore), Public	System integration and automation solutions provider	-	Samena Capital, Heliconia Capital Management ... & 1 others	57/100
6th	CorrosionRADAR 2016, Cambridge (United Kingdom), Series A	Provider of corrosion management solution for the oil and gas industry	$14.4M	Innovate UK, Dow Chemical Company & 8 others	57/100
7th	Aker Solutions 1841, Oslo (Norway), Acquired	Provider of diversified solutions for the oil and gas industry	-	Europa	54/100
8th	SitePro 2012, San Antonio (United States), Series E	Provider of cloud-based software solutions for water and wastewater management	$16.2M	Cottonwood Venture Partners, Montrose Lane ... & 1 others	54/100
9th	Aster Chemicals Energy Singapore (Singapore), Unfunded	Provider of energy, engineering, fuels, petrochemicals and sustainable products	-	-	50/100
10th	Detechtion 2000, Calgary (Canada), Acquired	Provider of asset performance management software for the oil and gas sector	-	Resurgens Technology Partners, Activate Capital	50/100