KorrAI
KorrAI builds AI-powered satellite InSAR and GNSS-based ground deformation monitoring software, delivered through its TRAIL platform, for insurers, asset owners, and engineers assessing large construction, mining, and infrastructure projects.
- Company typePrivate
- Founded2021
- HeadquartersHalifax, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What KorrAI does
KorrAI is a Halifax, Canada-based private company founded in 2021 that builds AI-powered ground deformation monitoring and infrastructure risk assessment software for high-stakes construction, mining, and insurance decisions. Its core technology fuses satellite InSAR data (from Sentinel-1 and Argentina's SAOCOM), GNSS ground sensor observations, and geospatial analytics, with proprietary AI components including a Quasi-Persistent Scatterer calibration framework, an UrbanSAR PS-InSAR variant, and a spatial statistical engine that produces a 0–100 Subsidence Risk Index at 99% confidence. The company's commercial product is TRAIL, a traceable AI workspace that combines these remote sensing inputs with LLM-driven document intelligence, multi-agent workflows, and citation-linked reporting for use cases such as builders' risk desktop studies, hyperscale data center site selection, mining tailings and slope monitoring, and E&S underwriting support.
KorrAI monetizes through a quote-based enterprise SaaS model with direct field sales and founder-led walkthroughs, targeting insurance underwriters, asset owners, and engineering firms running data centers, mines, energy facilities, and civil infrastructure. Its revenue is highly dependent on a small set of named enterprise accounts including Zurich Insurance North America, AWS, Newmont, AssetAssurance, Proqio/Encardio Rite Group, Ramboll, Hecla Mining, and TransAlta, with Zurich functioning as both flagship customer and strategic investor following the 2023 Zurich Innovation Championship win.
The company has raised approximately $2.2 million in disclosed equity and non-dilutive capital (2022-2023) supplemented by a series of Canadian government grants (CSA smartEarth, SDTC, NRC IRAP, MICA, OCI, ACOA, Innovacorp) and an early Y Combinator / Unpopular Ventures round, and is led by co-founders Rahul Anand (CEO), Rob McEwan (CPO), and Rajat Mann (CTO) with advisors including former Canadian Space Agency RADARSAT Chief Scientist Prof Dr Vern Singhroy.
KorrAI firmographics
Firmographics- Name
- KorrAI
- Legal name
- KorrAI Technologies Ltd.
- Website
- https://korrai.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- KorrAI builds AI-powered satellite InSAR and GNSS-based ground deformation monitoring software, delivered through its TRAIL platform, for insurers, asset owners, and engineers assessing large construction, mining, and infrastructure projects.
- Ownership category
- akta.pro rank
KorrAI industry classification
Industry- Product category
- Geospatial Risk Intelligence Software
- NAICS
- Computer Systems Design Services (541512), Geophysical Surveying and Mapping Services (541360), Geophysical Surveying and Mapping Services (54136)
- SIC
- Services-Computer Integrated Systems Design (7373), Industrial Instruments For Measurement, Display, And Control (3823)
- akta.pro primary industry
- IT Governance, Risk & Compliance (IT GRC) Platforms (HDAEALAK)
- akta.pro secondary industry
- AI Governance, Risk & Compliance (GRC) Platforms (HDAAAMAA)
Keywords
Where KorrAI is headquartered
LocationHeadquarters
- HQ city
- Halifax
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
KorrAI business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Platform Subscription: AI-powered risk assessment platform delivered as software-as-a-service. Pricing appears to be quote-based for enterprise deployments targeting insurers, asset owners, and engineering teams for infrastructure risk monitoring
Go-to-market motion1 record
Distribution channels1 record
Marketing channels8 records
KorrAI product offering
Product offeringCore offering
KorrAI builds and sells TRAIL, a traceable AI SaaS platform that fuses satellite InSAR data, GNSS ground sensors, geospatial analytics, and LLM-driven document intelligence into unified evidence layers for infrastructure risk assessment. The platform is sold primarily to enterprise insurers and asset owners in construction, mining, and critical infrastructure, producing auditable reports with citations that replace weeks of manual desktop site studies with reviews completed in hours.
Differentiator
Problem solved
Functional benefit
Brands
- TRAIL: Traceable AI platform for infrastructure risk assessment, desktop studies, and site monitoring. Provides ground motion risk analysis, document intelligence, and evidence layers for asset owners, insurers, and engineers.
Products and services
- TRAIL Platform TRAIL is KorrAI's traceable AI SaaS platform for infrastructure risk assessment. It unifies satellite InSAR, GNSS sensor data, document intelligence, and geospatial evidence layers (Ground Deformation, Water & Drainage Risk, Geology & Subsurface, Site Evolution, Piling & Foundation, Natural Catastrophes, Adjacent Exposure) into agentic workflows that produce auditable, citation-backed risk reports. The platform is sold to enterprise insurers, asset owners, construction firms, mining operators, and engineering consultants for site due diligence, underwriting, claims analysis, and continuous ground monitoring.
- TRAIL for Insurers & Risk Engineers An insurance-focused configuration of the TRAIL platform supporting Builders' Risk Desktop Studies, Construction Casualty Reviews, and EML and Reinsurance Scrutiny. It delivers property-level subsidence risk scoring and multi-year ground behavior evidence for underwriters and risk engineers, with named customer Zurich Insurance North America.
- TRAIL for Asset Owners & Engineers An asset-owner-focused configuration of the TRAIL platform supporting Site Selection and Feasibility, Design and Geotechnical Desktop Studies, and Construction and Lifecycle Reviews. It is used for hyperscale data center site selection (AWS), mining tailings and waste rock pile monitoring (Newmont), and large infrastructure risk reduction programs (AssetAssurance Monitoring, Proqio).
Quantifiable outcome
- First review of site assessment in hours (vs weeks with traditional methods)
- +3 more outcomes
Companies that use KorrAI
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles3 records
KorrAI technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature10 records
KorrAI partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor and core.
- Volta (Halifax Startup Hub)minorHalifax startup hub providing AI cohort program. Volta announced five companies participating in its second AI cohort focused on supply chains, supported by partnership with Scale AI.
- European Space AgencycoreKorrAI utilizes ESA Sentinel-1 satellite data as part of its data sources for InSAR processing, providing free and open data access for ground motion monitoring.
- Argentinian Space Agency (CONAE)coreKorrAI utilizes Argentinian Space Agency's SAOCOM L-band satellite data alongside ESA Sentinel-1 for enhanced ground deformation monitoring and vegetation penetration.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
KorrAI competitors and assessment
Company assessmentDirect peers
- Reask: Reask specializes in catastrophe and nat-cat risk modeling using atmospheric, seismic, and remote sensing data, including InSAR-derived ground motion inputs, serving insurers and reinsurers — directly comparable to KorrAI's insurance-side go-to-market.
- Spottitt: Spottitt provides satellite-based asset and infrastructure monitoring (ground motion, vegetation, change detection) for utilities, pipelines, and rail operators — directly overlapping KorrAI's infrastructure monitoring use cases.
- LiveEO: LiveEO applies satellite-based Earth observation analytics to infrastructure monitoring (rail, pipelines, utilities), competing head-to-head with KorrAI's TRAIL platform for geospatial asset risk and ground deformation workflows.
- Synspective: Synspective builds and operates its own SAR satellite constellation and offers InSAR-based ground displacement analytics for infrastructure, disaster response, and urban monitoring — a direct competitor in InSAR-as-a-service.
- Teren: Teren uses satellite InSAR and other remote sensing to monitor ground deformation and surface change for infrastructure asset owners, oil & gas, mining, and government customers — directly overlapping KorrAI's subsidence and infrastructure risk use cases.
Others
- SkyWatch: SkyWatch is an Earth observation data distribution and aggregation platform enabling developers and enterprises to access satellite imagery and analytics — adjacent to KorrAI as enabling infrastructure in the EO data ecosystem.
Broad incumbents
- ICEYE: ICEYE operates a commercial SAR constellation and provides persistent monitoring analytics for insurance, government, and infrastructure customers. Larger and broader scope than KorrAI, but overlaps on InSAR-driven infrastructure and insurance risk.
- Kayrros: Kayrros is an established geospatial asset intelligence platform covering energy, industrial, and environmental assets using satellite data and AI. Larger and broader than KorrAI but competing for similar enterprise buyers of satellite-derived risk insight.
- Planet Labs: Planet operates the largest commercial Earth observation satellite fleet and offers analytics for agriculture, forestry, civil government, and infrastructure. Broader scope than KorrAI but competing for the same enterprise satellite-data budgets.
- Maxar Technologies: Maxar is a major provider of high-resolution satellite imagery and geospatial analytics for defense, government, and commercial infrastructure customers. A broad incumbent whose imagery and analytics overlap with KorrAI's upstream data stack and adjacent analytics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
KorrAI social profiles
Digital presenceKorrAI financial estimates
Financial estimateRevenue estimate
Valuation estimate
KorrAI leadership team
Management profileNumber of profiles
Profiles9 records
KorrAI funding detail
Funding detailFunding overview
Funding rounds14 records
Investors17 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
KorrAI M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about KorrAI
What does KorrAI do?
KorrAI builds and sells TRAIL, a traceable AI SaaS platform that fuses satellite InSAR data, GNSS ground sensors, geospatial analytics, and LLM-driven document intelligence into unified evidence layers for infrastructure risk assessment. The platform is sold primarily to enterprise insurers and asset owners in construction, mining, and critical infrastructure, producing auditable reports with citations that replace weeks of manual desktop site studies with reviews completed in hours.
Is KorrAI a public or private company?
KorrAI is a private company. It is classified as venture growth investor backed and is currently operating.
When was KorrAI founded?
KorrAI was founded in 2021. It employs 11 to 50 people.
Where is KorrAI based?
KorrAI is headquartered in Halifax, Canada, in the North America region.
How does KorrAI make money?
One revenue line is on record: saaS Platform Subscription.
Who are KorrAI's main competitors?
Direct peers on record are Reask, Spottitt, LiveEO, Synspective and Teren. SkyWatch is listed as an others. Broad incumbents are ICEYE, Kayrros, Planet Labs and Maxar Technologies.
Does KorrAI have an API?
No public API is recorded for KorrAI.
What industry is KorrAI in?
KorrAI's product category is Geospatial Risk Intelligence Software. Its primary akta.pro industry code is HDAEALAK, IT Governance, Risk & Compliance (IT GRC) Platforms, with a secondary code of HDAAAMAA, AI Governance, Risk & Compliance (GRC) Platforms. Its NAICS code is 541512 and its SIC code is 7373.