CorePlan Raises $5 Million to Expand Its Mining Software Platform

Why It Matters

The capital infusion positions CorePlan to become the de‑facto operating backbone for mining contractors, driving efficiency at a time of heightened exploration activity and supply‑chain pressure.

Key Takeaways

• Raised $5M follow‑on round led by EVP
• Serves 600+ mining firms, 9,000 users
• $6B drilling work processed through platform
• Adding drilling and geology modules
• Expanding in Americas and Australia

Pulse Analysis

The mining sector is undergoing a digital overhaul, with operators seeking to replace legacy spreadsheets and ad‑hoc communications with unified, cloud‑based solutions. CorePlan’s platform addresses this gap by linking contractors, geology teams, and corporate stakeholders in a single system of record, streamlining everything from exploration planning to invoicing. By automating tasks that once took days, the software cuts operational latency, improves compliance visibility, and enables data‑driven decision‑making across complex, multi‑contractor projects.

CorePlan’s recent $5 million raise reflects strong investor confidence amid a backdrop of soaring gold prices, surging demand for critical minerals, and geopolitical supply‑chain disruptions. The capital will power a strategic expansion of its product suite, adding dedicated drilling and geology modules that broaden its value proposition. Geographic growth targets the Americas—where mining investment is accelerating—while bolstering its Australian footprint, ensuring localized support for a global user base that now adds roughly 300 new participants each month.

For the broader mining technology landscape, CorePlan’s momentum signals a shift toward integrated, mission‑critical platforms that can scale with industry consolidation. With heavyweights like BHP, Fortescue, and Rio Tinto already onboard, the startup is poised to set new standards for contractor‑to‑enterprise collaboration. As more firms adopt such solutions, we can expect heightened data integrity, faster project cycles, and a competitive edge for operators that embrace digital workflows early.

Deal Summary

Perth‑based mining software startup CorePlan announced a $5 million follow‑on funding round led by existing investor EVP. The capital will be used to grow the global team, expand drilling and geology workflows, and scale operations in the Americas and Australia.