What GeologicAI does

GeologicAI is a Calgary-based, private software and services company founded in 2013 that provides AI-powered multi-sensor core scanning and resource modeling solutions to the global mining industry. The company's platform, branded as Resource Knowledge Systems (RKS), integrates five sensing modalities (RGB photography, X-ray fluorescence, hyperspectral imaging, LiDAR, and Laser-Induced Breakdown Spectroscopy acquired from Lumo Analytics in December 2025) to capture elemental, molecular, structural, and textural data from drill core samples in real time. Hardware is delivered via a fleet of more than 24 mobile trailer laboratories deployed across five continents, reducing core analysis turnaround from a traditional 6-10 weeks to under 48 hours and enabling measured outcomes such as 22% faster resource modeling at BHP's Jansen Potash pilot, 20% production increases in heap leach operations, and 5% CO2 reductions in iron ore blast furnace blending.

The company monetizes through a hybrid model combining (1) on-site scanning services delivered via the mobile lab fleet, (2) subscription software for the Digital Core Table cloud platform and Resource Modeling Solutions products (RMSP geostatistics software and Drill Hole Optimizer), and (3) professional services for resource exploration strategies and consulting. Pricing is custom and quote-based, structured around multi-year enterprise contracts with major mining companies. Its customer base spans 6 of the top 10 global mining companies (Agnico Eagle, BHP, Rio Tinto, Newmont, Anglo American, Gold Fields, Torex Gold) plus selected junior explorers (Edge Copper, Eloro Resources) reached via equity-linked strategic partnerships. The company also operates a Resource Exploration Strategies (RXS) platform that provides advanced geological modeling for early-stage projects.

As of September 2025, GeologicAI reported $73.6M in annual recurring revenue at a $220.8M valuation, with cumulative funding of approximately $74M led by Breakthrough Energy Ventures, Export Development Canada, BHP Ventures, Rio Tinto, and Blue Earth Capital. It has scanned more than 2 million meters of drill core, generates roughly 1.5 TB of data daily, and operates from headquarters in Calgary with regional offices in Toronto, Edmonton, and Santiago, Chile. The company is a subsidiary of Enersoft Inc.

Name

GeologicAI

Legal name

GeologicAI

Website

https://geologicai.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Short description

GeologicAI provides AI-powered multi-sensor drill core scanning and resource modeling software to major global mining companies. Operating 24+ mobile trailer labs across five continents, it combines RGB, XRF, hyperspectral, LiDAR, and LIBS sensors with cloud software to deliver real-time geological analysis for critical mineral exploration.

Ownership category

akta.pro rank

Product category

Mining Technology Software

NAICS

Support Activities for Mining (213), Geophysical Surveying and Mapping Services (54136)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)

akta.pro primary industry

Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

akta.pro secondary industries

Mine Surveying & Geospatial Services (Survey, Drone/LiDAR, GIS, Grade Control) (IMAKAKAK), Mining Automation, Telematics & Fleet Management Systems (IMAKANAK)

Keywords

• Core scanning technology
• Drill core analysis
• Mineral resource modeling
• Geological data analytics
• Mining exploration software

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Core Scanning Services: On-site core scanning services delivered through mobile trailer labs deployed to mining sites globally. The company operates more than two dozen trailer labs providing real-time geological analysis directly at drill sites, reducing analysis turnaround from weeks to hours.
2. Digital Core Table Software: Cloud-based software platform for digital core viewing and analysis. Provides subscription access to digital core twins, hyperspectral data visualization, and collaborative tools for geological teams worldwide.
3. Resource Modeling Solutions: Software solutions for rapid translation of scanning data into spatial characterization of deposit properties, enabling risk-optimized decisions for exploration, design, and resource development. Includes RMSP (Resource Modeling Solutions Professional) software and Drill Hole Optimizer.
4. Strategic Partnerships and Investment: Revenue generated through strategic investments in junior mining companies (such as Edge Copper) where GeologicAI provides technical services and advanced geological modeling in exchange for equity stakes and service fees.
5. Exploration Strategies Services: Resource Exploration Strategies (RXS) platform providing advanced geological modeling, remote core logging, and resource optimization services to help advance mining projects toward feasibility.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

GeologicAI provides AI-powered multi-sensor core scanning and resource modeling solutions for the mining industry. The company deploys mobile scanning labs to mining sites globally, capturing high-resolution geological data from drill core samples using RGB, XRF, hyperspectral, LiDAR, and LIBS sensors, and delivers cloud-based software (Digital Core Table, RMSP, DHO) for digital core logging, resource modeling, and exploration strategies across the mining lifecycle.

Product overview

GeologicAI is a global leader in High-Resolution Decision Engineering for the critical minerals industry. The company offers a unified platform architecture anchored by Resource Knowledge Systems (RKS), which integrates core scanning, core logging, and resource modeling solutions. Core scanning combines multi-sensor technologies (RGB photography, XRF, hyperspectral, LiDAR, and LIBS) with AI-powered robotic automation to analyze drill core on-site in under 48 hours. The Digital Core Table provides cloud-based remote access to AI-enhanced digital rock twins for global collaboration. Resource Modeling Solutions (RMS) division provides specialized software including RMSP for geostatistical modeling, Drill Hole Optimizer for exploration planning, plus consulting and training services. Resource Exploration Strategies (RXS) extends services to exploration-stage junior companies. Together, these products enable faster, better, and lower-risk decisions across the entire resource lifecycle from exploration through extraction.

Differentiator

Problem solved

Functional benefit

Brands

• Resource Knowledge Systems (RKS): Integrated sensor data platform combining core scanning, logging, and analytics for mining decision-making
• Resource Modeling Solutions
• Resource Exploration Strategies (RXS)
• CoreTable

Products and services

• Resource Knowledge Systems (RKS) Integrated platform combining high-fidelity sensor data, robust analytics, and domain expertise to support decision engineering at every stage of the mining cycle. It unifies core scanning, core logging, and resource modeling solutions for major mining companies.
• Core Scanning Service On-site multi-sensor core scanning service using RGB, XRF, hyperspectral, and LiDAR technologies to capture element, molecule, structure, and texture data from drill core samples. Delivered via mobile trailer labs deployed directly to client mining sites.
• LIBS Technology Integration Laser-Induced Breakdown Spectroscopy (LIBS) technology for rapid, non-contact, non-destructive measurement of light elements and rare-earth elements (REEs) in drill core samples. Acquired from Lumo Analytics in December 2025.
• Digital Core Table Cloud-based digital rock viewing and analysis platform providing instant access to high-resolution AI-enhanced digital rock twins. Enables remote geological analysis and real-time collaboration with automated depth correction, lithology identification, and color-coded hyperspectral data visualization.
• Core Logging AI-assisted digital core logging service enabling remote geological analysis and consistent data capture with automated depth correction and lithology identification, delivered through the Digital Core Table platform.
• Resource Modeling Solutions (Division) Division of GeologicAI providing software solutions for rapid translation of scanning data into spatial characterization of deposit properties, enabling risk-optimized decisions for exploration, design, and resource development. Includes RMSP, Drill Hole Optimizer, and consulting/training services.
• RMSP (Resource Modeling Solutions Professional) Geostatistics and machine learning software for predicting geometallurgical responses from predictor variables, supporting multivariate regressions, non-parametric models (Random Forest, GBM), and neural network applications.
• Drill Hole Optimizer (DHO) Optimization tool for drill hole planning and resource optimization, helping maximize exploration value and reduce drilling costs.
• Resource Exploration Strategies (RXS) AI-powered exploration platform providing advanced geological modeling, remote core logging, and resource optimization services for critical mineral exploration projects, primarily serving junior mining companies.
• Data Products High-resolution geological data products generated from multi-sensor scanning, including mineral maps, element assays, structural data, and texture analysis delivered in standardized formats.

Quantifiable outcome

• Turnaround time reduced from 6-10 weeks to under 48 hours
• +7 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature10 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Lumo AnalyticscoreTechnology or Integration · 17 December 2025Acquired Finnish LIBS scanner provider Lumo Analytics in December 2025. Lumo's compact and efficient LIBS (Laser-Induced Breakdown Spectroscopy) scanner technology extends GeologicAI's sensor suite for detecting rare-earth elements and light elements. The acquisition makes GeologicAI the only fully integrated sensor data provider for critical minerals industry. Antti Kotanen, co-founder and CEO of Lumo, joins the team.
• Edge CoppercoreStrategic or Co-development Partner · 3 November 2025Strategic partnership and equity investment in Toronto-listed junior miner Edge Copper (formerly Plata Latina). GeologicAI led C$17 million equity financing and provides advanced geological modeling, remote core logging, and resource optimization for the Zonia Copper Project in Arizona. Aims to advance the project to feasibility within 3-4 years.
• Resource Modeling SolutionscoreTechnology or Integration · 5 September 2025Acquired subsidiary providing advanced software for spatial characterization of deposit properties. RMSP software and Drill Hole Optimizer integrate with scanning data to enable risk-optimized decisions from exploration through resource development. Jared Deutsch serves as President of Resource Modeling Solutions.
• CDL MineralsminorStrategic or Co-development Partner · 24 June 2025Joined CDL Minerals program as newest partner at CDL Super Session 2025. Returns to Creative Destruction Lab ecosystem 8 years after participating in 2018/19 CDL Rockies Energy Stream. CDL Minerals stream focuses on exploration, processing, and decarbonization, with partners including Vale, BHP, Seequent, and Fasken.

Scale indicators18 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Corescan: Corescan is the closest direct competitor to GeologicAI, providing hyperspectral core scanning and automated mineralogical analysis services for the mining industry. Both companies deploy scanning technology to drill core samples to deliver elemental and mineralogical data to geologists, targeting the same major and junior mining customer base.
• Minalyze: Minalyze offers portable XRF-based core scanning (MinalyzeCS) combined with cloud-based data visualization for mining and exploration customers. Like GeologicAI, it focuses on accelerating drill core analysis and serves major mining companies seeking faster turnaround than traditional laboratory assays.
• Sequent (Bentley Systems): Sequent, the geological modeling software unit of Bentley Systems, produces Leapfrog — the dominant 3D geological modeling platform used by major miners worldwide. GeologicAI's Resource Modeling Solutions (RMSP) division competes directly with Leapfrog in resource estimation and mine planning workflows for the same enterprise customer base.

Broad incumbents

• Maptek: Maptek is an established mining technology vendor offering Vulcan (mine planning), DomainMC (geological modeling), and other software widely deployed across major mining companies. It overlaps with GeologicAI in geological modeling and resource estimation, though it does not specialize in on-site core scanning.
• Datamine: Datamine (part of Vela Software) provides mine planning, geological modeling, and resource estimation software to the global mining industry. It is an incumbent competitor in resource modeling workflows and serves many of the same enterprise mining customers as GeologicAI's Resource Modeling Solutions division.
• Micromine: Micromine provides geological modeling, mine planning, and exploration software (Micromine, Pitram) used across major and mid-tier mining companies globally. It competes with GeologicAI's resource modeling software stack and shares the same mining customer base.
• Bruker: Bruker manufactures X-ray fluorescence (XRF), X-ray diffraction, and other analytical instruments used in mining and mineral exploration. Its handheld and laboratory XRF analyzers are widely deployed for core and sample analysis, making it an adjacent incumbent competing for analytical workflows that GeologicAI is also digitizing.
• Thermo Fisher Scientific: Thermo Fisher Scientific provides a broad portfolio of analytical instruments (XRF, ICP-MS, electron microscopy) used in mining and mineral analysis. While its offerings are lab-based rather than field-deployed, it competes for the analytical workflow budget that GeologicAI is targeting with its mobile scanning platform.
• Evident (Olympus Scientific Solutions): Evident (formerly Olympus Scientific Solutions) manufactures portable XRF (X-MET) and other analytical instruments widely used for on-site mining and exploration workflows. It overlaps with GeologicAI's portable scanning use case at the elemental analysis layer, though without the integrated hyperspectral and LiDAR sensors.
• Hexagon Mining: Hexagon Mining provides mine planning, fleet management, and geological modeling software (HxGN MinePlan, MineSight) used across major mining companies. It is a broad incumbent in mining digital workflows with overlapping resource modeling capabilities to GeologicAI's RMS division.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/geologicai

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds6 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GeologicAI