VRIFY's $12.5 Million Boost: Transforming Mineral Exploration with AI
March 1, 2025, 3:39 pm
VRIFY
Location: Canada, British Columbia, Vancouver
Employees: 11-50
Founded date: 2017
Total raised: $18.5M
In the world of mineral exploration, the stakes are high. The demand for precious metals and critical minerals is surging. Companies are racing to find new deposits. Enter VRIFY, a Vancouver-based technology firm that just secured $12.5 million in Series B funding. This infusion of capital is set to propel their innovative platform, DORA, into the spotlight.
VRIFY is not just another tech startup. It’s a game-changer. The company combines artificial intelligence with deep industry expertise. Their mission? To revolutionize how minerals are discovered. With this latest funding round led by LGVP, VRIFY is poised to accelerate the adoption of DORA across the industry.
DORA is no ordinary tool. It’s an AI-assisted mineral discovery platform designed for geologists and geoscientists. Imagine having a powerful assistant that can sift through mountains of data in minutes. That’s DORA. It transforms complex geological information into actionable insights. This capability is crucial in a sector where time is money.
The funding will allow VRIFY to enhance DORA’s capabilities. The platform integrates vast datasets, including one of the industry’s largest geological datasets. It uses proprietary AI and deep-learning models to identify hidden patterns. This means geologists can focus on what they do best—finding minerals—while DORA handles the heavy lifting.
VRIFY’s growth trajectory is impressive. With over 200 partnerships in 70 countries, the company is making waves. Their early-adopter clients, including Canterra Resources and Southern Cross Gold, are already reaping the benefits. Southern Cross, for instance, made a significant gold discovery at its Sunday Creek project, thanks to insights from DORA. This success story is just the beginning.
The urgency for new mineral discoveries is palpable. Governments worldwide are recognizing the strategic importance of natural resources. As capital flows back into the sector, 2025 is shaping up to be a pivotal year for AI-assisted mineral discoveries. VRIFY is at the forefront of this movement.
DORA is set to be unveiled at the 2025 Prospectors & Developers Association of Canada Convention. This event will showcase the platform to a broader audience. It’s a chance for VRIFY to demonstrate how DORA can bridge the gap between technical and non-technical stakeholders. By transforming complex geological data into visually engaging presentations, VRIFY is making the value of discoveries clear.
The company’s leadership is a blend of industry veterans and tech innovators. CEO Steve de Jong has a vision. He sees AI not as a replacement for geologists but as a supercharger for their expertise. DORA is designed to enhance exploration accuracy and improve discovery rates. It’s about making the sector more attractive to investment.
The team behind DORA is equally impressive. Led by Jean-Philippe Paiement, a geologist with a track record in AI for mineral exploration, the technical team is a powerhouse. They are not just building a tool; they are redefining the industry’s approach to exploration.
Investors are taking notice. The confidence in VRIFY is evident. The company has built trust with its early customers. This trust is crucial in a sector where relationships matter. As VRIFY scales DORA, it aims to solidify its leadership position in AI-assisted mineral discovery.
The potential applications of DORA extend beyond just finding minerals. The platform can help secure investment by clearly communicating project value. This is vital in an industry where securing funding can be a challenge. With DORA, companies can present data-driven insights that resonate with investors.
The future looks bright for VRIFY. The combination of AI and geological expertise is a powerful one. As the demand for minerals continues to rise, the need for innovative solutions becomes more pressing. VRIFY is not just keeping pace; it’s setting the pace.
In conclusion, VRIFY’s recent funding marks a significant milestone in the evolution of mineral exploration. With DORA, the company is poised to transform how the industry operates. The integration of AI into mineral discovery is not just a trend; it’s the future. As VRIFY leads the charge, the entire sector stands to benefit. The world is watching, and the countdown to a new era in mineral exploration has begun.
VRIFY is not just another tech startup. It’s a game-changer. The company combines artificial intelligence with deep industry expertise. Their mission? To revolutionize how minerals are discovered. With this latest funding round led by LGVP, VRIFY is poised to accelerate the adoption of DORA across the industry.
DORA is no ordinary tool. It’s an AI-assisted mineral discovery platform designed for geologists and geoscientists. Imagine having a powerful assistant that can sift through mountains of data in minutes. That’s DORA. It transforms complex geological information into actionable insights. This capability is crucial in a sector where time is money.
The funding will allow VRIFY to enhance DORA’s capabilities. The platform integrates vast datasets, including one of the industry’s largest geological datasets. It uses proprietary AI and deep-learning models to identify hidden patterns. This means geologists can focus on what they do best—finding minerals—while DORA handles the heavy lifting.
VRIFY’s growth trajectory is impressive. With over 200 partnerships in 70 countries, the company is making waves. Their early-adopter clients, including Canterra Resources and Southern Cross Gold, are already reaping the benefits. Southern Cross, for instance, made a significant gold discovery at its Sunday Creek project, thanks to insights from DORA. This success story is just the beginning.
The urgency for new mineral discoveries is palpable. Governments worldwide are recognizing the strategic importance of natural resources. As capital flows back into the sector, 2025 is shaping up to be a pivotal year for AI-assisted mineral discoveries. VRIFY is at the forefront of this movement.
DORA is set to be unveiled at the 2025 Prospectors & Developers Association of Canada Convention. This event will showcase the platform to a broader audience. It’s a chance for VRIFY to demonstrate how DORA can bridge the gap between technical and non-technical stakeholders. By transforming complex geological data into visually engaging presentations, VRIFY is making the value of discoveries clear.
The company’s leadership is a blend of industry veterans and tech innovators. CEO Steve de Jong has a vision. He sees AI not as a replacement for geologists but as a supercharger for their expertise. DORA is designed to enhance exploration accuracy and improve discovery rates. It’s about making the sector more attractive to investment.
The team behind DORA is equally impressive. Led by Jean-Philippe Paiement, a geologist with a track record in AI for mineral exploration, the technical team is a powerhouse. They are not just building a tool; they are redefining the industry’s approach to exploration.
Investors are taking notice. The confidence in VRIFY is evident. The company has built trust with its early customers. This trust is crucial in a sector where relationships matter. As VRIFY scales DORA, it aims to solidify its leadership position in AI-assisted mineral discovery.
The potential applications of DORA extend beyond just finding minerals. The platform can help secure investment by clearly communicating project value. This is vital in an industry where securing funding can be a challenge. With DORA, companies can present data-driven insights that resonate with investors.
The future looks bright for VRIFY. The combination of AI and geological expertise is a powerful one. As the demand for minerals continues to rise, the need for innovative solutions becomes more pressing. VRIFY is not just keeping pace; it’s setting the pace.
In conclusion, VRIFY’s recent funding marks a significant milestone in the evolution of mineral exploration. With DORA, the company is poised to transform how the industry operates. The integration of AI into mineral discovery is not just a trend; it’s the future. As VRIFY leads the charge, the entire sector stands to benefit. The world is watching, and the countdown to a new era in mineral exploration has begun.