VerAI Discoveries

VerAI Discoveries

Private
Boston, MassachusettsFrontier & Industrial Techhttps://ver-ai.com

Last Round

Series B

Feb 26, 2025

Total Funding Raised

$36M

Company Overview

VerAI Discoveries is a mining technology company that provides an artificial intelligence-driven platform to detect concealed mineral deposits essential for the green energy transition.

Sector

Frontier & Industrial Tech

Verticals

ML Platforms, Renewable Energy, Advanced Materials

Business Model

B2B

Customer Profile

Revenue Share, Services & Consulting

AI Layer

Application

Keywords

AI mineral explorationmineral discovery platformAI miningexploration targetingconcealed deposit discoverycritical mineralsmineral asset generatormining technologymining techgeophysical data analysisAI for geosciencerare earth elementsmining royaltiesprecious metals

Historical Pricing

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VerAI Discoveries Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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VerAI Discoveries Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series BFeb 26, 2025
Series AMar 2, 2023
SeedOct 20, 2021

Key People

Founding team and executive leadership

Amitai Axelrod

Co-Founder, Chief Operating Officer Director

Founding Team

Yair Frastai

Co-Founder CEO

Founding Team

VerAI Discoveries Investors

Notable investors and investment history

InvestorRounds
Orion Industrial VenturesSeries B
Swisscom VenturesSeries B
Blumberg CapitalSeries A, Series B, Seed
Chrysalix Venture CapitalSeries A, Seed, Series B
Insight PartnersSeries B
Orion Resource PartnersSeries A

Market signals

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  • Jun 3, 2025

    Sponsoring and participating in THE Mining Investment Event in Québec City.

  • Feb 26, 2025

    $24M round completed.

VerAI Discoveries Filings

SEC and related filings with document metadata.

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VerAI Discoveries Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBoston, Massachusetts
Employee Range18
Year Founded2020
Last FundingFeb 26, 2025

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