Perth-Based Mining Tech Startup CorePlan Raises $5 Million in Follow-On Funding

CorePlan, a Perth-based mining technology startup, has raised $5 million in follow-on funding as it looks to accelerate global expansion and deepen its product capabilities.

The round was led by existing investor EVP, signalling continued confidence in CorePlan’s execution, customer adoption, and growing international footprint within the mining and resources sector.

Fueling Global Expansion and Product Development

The fresh capital will be used to:

• Expand CorePlan’s global team
• Enhance drilling and geology software capabilities
• Strengthen local customer support
• Grow presence across the Americas
• Scale operations further across Australia

The company aims to meet increasing global demand as mining operators accelerate digital transformation across exploration and drilling workflows.

Modernising Drilling and Exploration Operations

CorePlan builds software that allows mining companies, drilling contractors, and geology teams to plan and execute exploration and drilling work on a single unified platform.

The system integrates:

• Planning and scheduling
• Production tracking
• Compliance and reporting
• Invoicing and contractor management

Traditionally, these workflows have been handled using fragmented spreadsheets, emails, messages, and disconnected databases. CorePlan replaces this complexity with a centralised, real-time system.

Drilling and earthmoving contractors use CorePlan to manage daily operations, while mining companies rely on the platform to standardise processes across multiple contractors and sites.

Strong Industry Adoption and Scale

CorePlan is already used by major global mining companies, including:

• BHP
• Fortescue
• AngloGold Ashanti
• Rio Tinto

Key traction metrics include:

• 600+ companies on the platform
• 9,000+ active users
• ~300 new users added every month
• Over $6 billion worth of drilling and mining work planned and managed through CorePlan

These numbers underline the platform’s emergence as mission-critical infrastructure within the mining industry.

Founder Vision: From Manual Admin to Minutes

Founder and CEO Alex Goulios said the funding will accelerate CorePlan’s mission to modernise drilling operations globally.

“Our focus has always been on bridging the gap between contractors and mining teams. This investment allows us to expand our global team and extend our range of services to deliver greater value to the global mining industry.”

He added that CorePlan is increasingly becoming the operational backbone of the industry by transforming administrative processes that once took days into workflows that can be completed in minutes.

Investor Confidence in a Category-Defining Platform

Mark Velik, partner at EVP, said CorePlan’s execution and customer impact drove the decision to increase investment.

“CorePlan stands out as a category-defining platform for mining and drilling operations. Customer advocacy, enterprise adoption, and expansion have been exceptional, and the team has consistently delivered a world-class, mission-critical product.”

Why This Matters

Mining remains one of the world’s most capital-intensive and operationally complex industries, yet many core workflows are still managed manually.

As global mining companies:

• Digitise exploration and drilling
• Standardise contractor operations
• Demand real-time visibility across sites

Platforms like CorePlan are emerging as essential infrastructure.

With fresh capital, strong enterprise adoption, and expanding global reach, CorePlan is positioning itself to play a central role in shaping the future of digital drilling and exploration management.