When was Ideon founded?

Ideon was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Ideon located?

Ideon is headquartered in Richmond, Canada.

Who is the current CEO of Ideon?

Gary Agnew of Ideon. They have also founded 1 company.

How many employees does Ideon have?

As of Aug 31, 2026, the latest employee count at Ideon is 91.

Is Ideon a funded company?

Ideon is a funded company, having raised a total of $17M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 07, 2020.

When was the latest funding round of Ideon?

Ideon's latest funding was a $***** Series A round on Sep 13, 2022, with participation from 1 investor. Its primary sector is Geographic Information Systems. In Canada, the Geographic Information Systems sector has seen $24.5M in funding in 2026 to date.

Where does Ideon rank among its competitors?

Ideon ranks 5th amongst 70 active competitors, of which 15 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Lithosquare, which secured $25.8M in May, 2026.

Who are the top competitors of Ideon?

Ideon's top competitors include Propeller Aerobotics, 4M Analytics and exodigo. Among them, Lithosquare secured the most recent funding round in May, 2026.

Ideon - 2026 Company Profile, Team, Funding & Competitors

Ideon is a series A company based in Richmond (Canada), founded in 2020 by Douglas Schouten and Gary Agnew. It operates as a Provider of muography platform that uses imaging technique to detect mineral deposits. Ideon has raised $17M in funding from investors like UBC, Playground Global and Sprout Fund. The company has 70 active competitors, including 15 funded and 12 that have exited. Its top competitors include companies like Propeller Aerobotics, 4M Analytics and exodigo.

Company Details

Provider of muography platform that uses imaging technique to detect mineral deposits. The technology combines patented detectors, imaging systems, inversion technologies, and artificial intelligence to enable a view under the Earth's surface. It provides mining experts with geological insights, identifies, characterizes, and monitors mineral deposits between holes. It consists of proprietary hardware for data gathering, software, integrated imaging systems, and data analysis and interpretation.

Website: ideon.ai
Social
Email ID: *****@ideon.ai
Phone Number: +1 **********

Key Metrics

Founded Year

2020

Location

Richmond, Canada

Stage

Series A

Total Funding

$17M in 2 rounds

Latest Funding Round

Series A, Sep 13, 2022, $*****

Investors

UBC & 3 more

Ranked

5^th among 70 active competitors

Employee Count

91 as on Aug 31, 2026

Similar Companies

4M Analytics & 25 more

View Ideon's full profile

Ideon has raised a total funding of $17M over 2 rounds. Its first funding round was on Jul 07, 2020. Its latest funding round was a Series A round on Sep 13, 2022 for $*****. 1 investor participated in its latest round. Ideon has 4 institutional investors.

Here is the list of recent funding rounds of Ideon:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 13, 2022	3674790	Series A	8925364	5578344	4498703	4713814
Jul 07, 2020	5342972	Seed	8400185	1529950	UBC & 1 more	5950316

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View details of Ideon's funding rounds and investors

The founders of Ideon are Douglas Schouten and Gary Agnew. Gary Agnew is the CEO of Ideon.

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

Douglas Schouten: Co-Founder of Ideon.
Gary Agnew: Co-Founder & CEO of Ideon.

View details of Ideon's Founder profiles and Board Members

Ideon's employee count trend

Ideon has 91 employees as of Aug 26. Here is Ideon's employee count trend over the years:

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Top competitors of Ideon include Propeller Aerobotics, 4M Analytics and exodigo. Here is the list of Top 10 competitors of Ideon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Propeller Aerobotics 2014, Surry Hills (Australia), Series B	Develops a cloud-based platform for management of drone-gathered data	$57.5M	Blackbird Ventures, Costanoa & 12 others	62/100
2nd	4M Analytics 2019, Israel, Series A	Provider of utility data platform using artificial intelligence for infrastructure	$45M	F2 Capital, Viola Group & 8 others	61/100
3rd	exodigo 2020, Tel Aviv (Israel), Series B	Provider of AI-based subsurface mapping services	$271M	Zeev Ventures, Greenfield Partners & 12 others	61/100
4th	Geologicai 2013, Calgary (Canada), Series B	Online geological analytics platform for the mining industry	$100M	Breakthrough Energy, Blue Earth Capital & 5 others	59/100
5th	Ideon 2020, Richmond (Canada), Series A	Provider of muography platform that uses imaging technique to detect mineral deposits	$17M	Playground Global, WUTIF Capital & 2 others	55/100
6th	Rocscience 1996, Toronto (Canada), Acquired	Geotechnical Analysis Software Provider	-	TA Associates	54/100
7th	Mine Vision Systems 2015, Pittsburgh (United States), Series A	Platform offering mapping solutions for the mining industry	$12.5M	Rockwell Venture Capital, Condire Investors	52/100
8th	Windfall Geotek 1996, Brossard (Canada), Public	Online geological mapping and mineral detection software	$1.99M	ThreeD Capital	48/100
9th	PETRA 2015, Brisbane (Australia), Acquired	Provider of machine learning and optimization solutions to the mining industry	-	-	47/100
10th	Lithosquare 2024, France, Seed	Developer of AI-driven solutions for strategic mineral exploration and discovery	$25.8M	Kindred Capital, World Fund & 3 others	46/100