CorePlan is a technology company.
CorePlan has raised $6.5M across 2 funding rounds.
CorePlan has raised $6.5M in total across 2 funding rounds.
CorePlan has raised $6.5M in total across 2 funding rounds.
CorePlan's investors include EVP, GSR Ventures.
CorePlan is a technology company that provides the first integrated drilling management platform specifically designed for the mining, exploration, and drilling industries. Its cloud-based SaaS platform digitizes and centralizes drill program operations, replacing outdated pen-and-paper and Excel-based methods with a streamlined, real-time solution. CorePlan serves mining companies, drilling contractors, and operations teams by enabling them to plan, manage, and report drilling activities efficiently, improving operational transparency, reducing downtime, and optimizing costs. The platform supports collaboration between field and office teams, automates reporting and billing, and enhances decision-making through data centralization. CorePlan has grown to serve around 4,000 users globally, including major clients like AngloGold and Chalice, reflecting strong growth momentum and adoption in a traditionally slow-to-digitize sector[1][2][3][5].
Founded in 2015 by Alex Goulios in Perth, Australia, CorePlan began as SpringTech, a spin-out from the mining consultancy CSA Global. The company was created to address the mining industry's reliance on outdated, inefficient technology and to bring modern digital solutions to drilling management. Early on, CorePlan developed an offline-first mobile app for drill data capture and safety management, which helped it find product-market fit. The company rebranded to CorePlan as it expanded its product suite and customer base, landing its first 30 customers and rapidly growing thereafter. The founder's background in mining consultancy and the recognition of the industry's technological inertia were pivotal in shaping CorePlan's mission and product focus[1][2][3].
CorePlan rides the broader trend of digital transformation in the mining and natural resources sector, a traditionally conservative industry that has lagged in adopting modern software solutions. The timing is crucial as mining companies face increasing pressure to improve operational efficiency, reduce costs, and enhance transparency amid volatile commodity markets and sustainability demands. By digitizing drilling operations, CorePlan addresses a critical bottleneck in exploration and resource extraction workflows, enabling faster, data-driven decisions and better contractor management. This shift aligns with the global push for Industry 4.0 technologies in heavy industries, where integrated data platforms and automation are becoming essential. CorePlan’s influence extends beyond software, helping to modernize mining workflows and setting a new standard for operational excellence in the sector[1][2][5].
Looking ahead, CorePlan is positioned to expand its global footprint and deepen its product capabilities, especially as mining companies accelerate digital adoption. The recent $4 million funding round for global expansion signals confidence in its growth trajectory. Future trends shaping CorePlan’s journey include increased automation, integration with emerging technologies like IoT sensors and AI for predictive analytics, and broader adoption of cloud-based operational platforms in mining. As the industry evolves, CorePlan’s role as a central enabler of drilling efficiency and transparency is likely to grow, potentially influencing adjacent sectors such as oil and gas drilling. Continued innovation and customer-centric development will be key to maintaining its competitive edge and expanding its ecosystem of users and partners[2][3].
CorePlan’s transformation of drilling management from archaic manual processes to a modern, integrated digital platform exemplifies how targeted technology solutions can unlock productivity and sustainability in legacy industries.
CorePlan has raised $6.5M across 2 funding rounds. Most recently, it raised $3.5M Venture Round in February 2026.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 5, 2026 | $3.5M Venture Round | EVP | |
| Nov 1, 2023 | $3.0M Venture Round | GSR Ventures |