# VERAI

**Source:** https://www.startuphub.ai/startups/verai
**Profile type:** Startup

> AI-powered platform for discovering critical minerals for the zero-carbon transition.

## About

VerAI is revolutionizing mineral exploration with an AI platform designed to detect concealed mineral deposits. Their mission is to accelerate the global zero-carbon transformation by identifying essential minerals for a sustainable future.

## Key facts

- **Slug:** verai
- **Website:** https://ver-ai.com
- **Location:** Tel Aviv, Israel
- **Founded:** 2020-06-01 00:00:00
- **Employees:** 19
- **Operating status:** Inactive
- **Total funding:** $3M
- **Sectors / tags:** Mining, Industrial, Exploration, Climate Tech, Energy & Climate Tech, Mining Analytics, AI-Driven Grid Balancing, Sustainability, Geothermal, Battery Technology, Critical Minerals, Resource Exploration, Geology, Exploration Technology
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/verai/

## Frequently asked

### What does VERAI do?

VerAI is revolutionizing mineral exploration with an AI platform designed to detect concealed mineral deposits. Their mission is to accelerate the global zero-carbon transformation by identifying essential minerals for a sustainable future.

### What is VERAI's revenue?

StartupHub estimates VERAI's annual revenue at $24.4M (range $13.2M to $58.5M, 62% confidence), based on comparable companies in the sector.

### What is VERAI's valuation?

StartupHub estimates VERAI's effective valuation at $13.9M (range $8.5M to $20.4M, 10% confidence), based on comparable companies in the sector.

### How much funding has VERAI raised?

VERAI has raised a total of $3M in funding. The most recent round on record is Seed.

### Where is VERAI headquartered?

VERAI is headquartered in Tel Aviv, Israel.

### When was VERAI founded?

VERAI was founded in 2020.

### What industry does VERAI operate in?

VERAI operates in Mining, Industrial, Exploration, Climate Tech, Energy & Climate Tech, Mining Analytics.

### How many employees does VERAI have?

VERAI has approximately 19 people on record.

### What is VERAI's current status?

VERAI's current operating status is: Inactive.

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