KorrAI - About the company
KorrAI is a seed company based in Halifax (Canada), founded in 2020 by Rahul Anand. It operates as an AI-based mining exploration and geofencing solution. KorrAI has raised $562K in funding from investors like Y Combinator, Innovacorp and Venture Grade. The company has 183 active competitors, including 28 funded and 10 that have exited. Its top competitors include companies like Suhora, Albedo and Earth Observing System.
Company Details
AI-based mining exploration and geofencing solution. It provides a platform to interpret air and lidar imagery to generate contextual insights. It also provides access to subscription-based pre trained footprint features & builds customized quick learner solutions.
- Website
- www.korrai.com/
- Registered Address
- 2526 Agricola Street, Suite 4, Halifax
Key Metrics
Founded Year
2020
Location
Halifax, Canada
Stage
Seed
Total Funding
$562K in 3 rounds
Latest Funding Round
Investors
Ranked
11th among 183 active competitors
Employee Count
24 as on Jun 30, 2026
Legal entities associated with KorrAI
KorrAI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Korrai Technologies Ltd. CIN: 12134446 , Canada, Active | Jun 16, 2020 | - | - | - |
Sign up to download KorrAI's company profile
KorrAI's funding and investors
KorrAI has raised a total funding of $562K over 3 rounds. Its first funding round was on Sep 30, 2020. Its latest funding round was a Seed round on Mar 30, 2022 for $*****. 1 investor participated in its latest round. KorrAI has 6 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of KorrAI:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 30, 2022 | 2628713 | Seed | 1143388 | 1562576 | 1436805 | 5585552 |
Nov 23, 2021 | 4088454 | Seed | 7228067 | 8060938 | 2824574 | 7566243 |
Sep 30, 2020 | 4714605 | Seed | 5018580 | 3604256 | 9961784 |
View details of KorrAI's funding rounds and investors
KorrAI's founders and board of directors
Founder? Claim ProfileThe founders of KorrAI is Rahul Anand. Rahul Anand is the CEO of KorrAI.
Here are the details of KorrAI's key team members:
- Rahul Anand: Co-Founder & CEO of KorrAI and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
KorrAI's Board of Directors
KorrAI's board has 2 active members. Rahul Anand and Robert Mcewan are independent board members.Here is the list of KorrAI's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 6y 2m | |
lywowdn | Independent board member | - | Current | 2y 4m |
View details of KorrAI's Founder profiles and Board Members
KorrAI's employee count trend
KorrAI has 24 employees as of Jun 26. Here is KorrAI's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
KorrAI's Competitors and alternates
Top competitors of KorrAI include Suhora, Albedo and Earth Observing System. Here is the list of Top 10 competitors of KorrAI, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI-powered Earth observation analytics solutions using satellite imagery | $176K | 64/100 | ||
2nd | Albedo 2020, Austin (United States), Series A | Provider of a cloud and satellite-based imaging and mapping platform | $97M | 62/100 | |
3rd | Earth Observing System 1991, Kyiv (Ukraine), Early Stage | Provider of satellite data analytics and imagery analysis for various sectors | $1M | 60/100 | |
4th | Geologicai 2013, Calgary (Canada), Series B | Online geological analytics platform for the mining industry | $100M | 59/100 | |
5th | Provider of satellite-based image data and analytic solutions | $7.1M | 55/100 | ||
6th | Provider of an AI-assisted platform for mineral exploration data analysis | $20.9M | 55/100 | ||
7th | Satim 2012, Burlingame (United States), Series A | Provider of geographic information systems services | $2.98M | 53/100 | |
8th | Guideline Geo 2012, Stockholm (Sweden), Public | Provider of geophysical solutions including sensors, software, services, and support | - | 53/100 | |
9th | dataVoice International 1989, Mckinney (United States), Acquired | Cloud-based voice response, outage management, and workforce management solutions | - | - | 53/100 |
10th | Descartes Labs 2014, Santa Fe (United States), Acquired | Provider of Earth satellite imagery solutions | $58.4M | 52/100 | |
11th | AI-based mining exploration and geofencing solution | $562K | 50/100 |
Looking for more details on KorrAI's competitors? Click here to see the top ones
KorrAI's Investments and acquisitions
KorrAI has made no investments or acquisitions yet.
Reports related to KorrAI
Here is the latest report on KorrAI's sector:
News related to KorrAI
•
Aventis Energy Starts KorrAI Program at Corvo Uranium Project and Provides Corporate UpdateFinancial Post•Aug 01, 2025•Aventisenergy, KorrAI
•
Aventis Energy Announces KorrAI Technology Program at the Corvo Uranium ProjectGlobeNewswire•Jul 16, 2025•Aventisenergy, KorrAI
•
Aventis Energy Partners with KorrAI for AI-Powered Uranium ExplorationGlobeNewswire•Jul 10, 2025•Aventisenergy, KorrAI
•
•
•
Greenridge Exploration Announces Partnership with KorrAI TechnologiesFinancial Post•Mar 20, 2024•Greenridge Exploration, KorrAI
•
•
Lancaster Resources and KorrAI Join Forces to RevolutionizeInvesting News•Feb 07, 2024•Lancaster Resources, KorrAI
Are you a Founder ?
FAQs about KorrAI
Explore our recently published companies
- Flight Legends - 2024 founded, Unfunded company
- Emhance - Wilmington based, Unfunded company
- Safely Track - United States based, Unfunded company
- Keyway Digital - Simpang Ampat based, 2010 founded, Unfunded company
- CauseTrack - 2025 founded, Unfunded company
- Envosus - South Africa based, Unfunded company