Fundraising Fox

Niricson Software

Techstars '20

Victoria, CA · Founded 2020 · British Columbia, Canada corporation · 39 employees on LinkedIn · 9 known investors

Niricson provides AI and machine learning-powered infrastructure inspection technology using robotics and computer vision to assess the condition of assets like bridges and dams. The platform serves asset owners and infrastructure engineers looking to replace traditional inspection methods with automated, safer alternatives.

Also known as Niricson · Niricson Australia Pty. Ltd. · Niricson India Pvt. Ltd. · Niricson Software Inc. · Niricson USA, Inc.

Founders & leadership

Niricson Software was founded in 2020 by Harsh Rathod and Aki Tomita.

HRHarsh Rathod
Harsh RathodCo-Founder and CEO
ATAki Tomita
Aki TomitaCo-Founder and CTO
LD
Laura di BonaventuraNamed on SEC filing

Investors · 9

Also in the syndicate · 4

Bentley SystemsExport Development CanadaInvest VictoriaSustainable Development Technology Canada

Reported raises · per SEC filings

Form D private placements

$1.8M disclosed across 2 of 4 rounds · 2020–2023

$1.5MraisedApr 2023 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Laura di BonaventuraDirector
  • Akira TomitaExecutive Officer, Director
  • Harsh Mukundbhai RathodExecutive Officer, Director
Offering amount
$4.2M
Amount sold
$1.5M
First sale
Apr 2023
Incorporated
Corporation, British Columbia, Canada, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$270KraisedOct 2020 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • HARSH MUKUNDBHAI RATHODExecutive Officer, Director
  • AKIRA TOMITAExecutive Officer, Director
Offering amount
$500K
Amount sold
$270K
First sale
Oct 2020
Incorporated
Corporation, British Columbia, Canada, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Niricson Software is a Canadian software company focused on digital condition assessment and risk management for large concrete civil assets, including hydro dams and spillways, bridges, airfield runways, tunnels and ports. Its core product, AUTOSPEX, is an AI-backed platform for defect detection, quantification and tracking that uses AI and data fusion to map and quantify damage such as cracks, spalling, delamination and alkali-aggregate reaction. The platform includes change-detection functionality — a comparison mode and change grid for comparing successive surveys, crack-growth tracking, visual documentation of repair effectiveness, and deterioration-rate analysis intended to support maintenance planning [0][4].

Data collection is handled through DRONIC, a patented multi-layered data collection and fusion architecture that pairs drones with a proprietary drone-mounted concrete sounding hammer. The NCX Mini is a UAV-mounted compact acoustic impactor that taps concrete surfaces at about 20 soundings per second to collect sounding data for delamination detection on walls, piers, retaining walls, bridge deck undersides, beams and tunnels; the resulting signals feed a machine learning model within AUTOSPEX that produces delamination maps. Reference deployments of the sensor include the King Street Bridge in Melbourne, the Rideau River Bridge in Ottawa, and the Ray Hall Viaduct at M6 Junction 9 in the UK [0]. Management has described the company as an analytics business rather than a drone business, with drones serving as the tool for collecting data in hard-to-access areas [5].

Users and partners named across the sources include Yuba Water Agency, South Feather Water & Power Agency, WaterNSW, Auckland Transport, the consultancy Beca, Saskatchewan's Water Security Agency, BC Hydro, Metro Vancouver and Arcadis [0][6][7]. Other cited projects include the Purewa Bridge in Auckland, Gardiner Dam in Saskatchewan, Cleveland Dam in British Columbia, and a runway inspection at Toronto Pearson International Airport [0][6].

Founding story

The company grew out of an idea developed by Harsh Rathod while he was pursuing a PhD in civil engineering at the University of Victoria, aimed at making bridges and dams safer to inspect. Rathod co-founded Niricson with Seattle-based Aki Tomita at the beginning of 2020 [5][6].

Business model

Niricson sells software-driven inspection and condition-assessment services to infrastructure asset owners, collecting field data with its own drone and acoustic hardware (DRONIC, NCX Mini) and delivering processed defect maps, quantification and reports through the AUTOSPEX platform. The company has stated it is developing an AI-driven predictive analytics Software-as-a-Service platform dedicated to managing critical infrastructure assets [0][4].

Revenue derives from digital condition surveys and platform-delivered defect analytics for asset owners, with stated R&D intent to build a predictive analytics SaaS offering for critical infrastructure asset management [4].

Traction

By late 2021 the company reported more than 25 employees, over $2 million raised, roughly 10-20 concurrent projects, and demand in Canada, the U.S. and Australia, with hiring of about three employees per month. In August 2023, at the time of its Series A, it stated it served more than 20 large customers owning dams, bridges, runways and other critical assets globally. Named deployments include BC Hydro, Metro Vancouver, Arcadis, Water Security Agency's Gardiner Dam pilot, WaterNSW, Auckland Transport's Purewa Bridge and a runway inspection at Toronto Pearson International Airport [4][5][6][7].

Latest developments

Following its August 2023 Series A, the company said it would expand its global footprint and accelerate R&D on an AI-driven predictive analytics SaaS platform for critical infrastructure. Its site lists AUTOSPEX change-detection capabilities and NCX Mini acoustic sensor deployments on bridges in Australia, Canada and the UK, with upcoming work noted on the Camo, Cowpasture and Meadowbank bridges in Sydney [0][4].

Full profile — market position, technology, go-to-market, geography, history

Market position

Niricson competes with manual and access-dependent inspection methods such as rope access, boats and engineered fall-protection systems, which customers describe as slow, unsafe or unable to cover entire structures. At its 2020/21 accelerator cohort, the company was described as five times faster and 50% more cost-effective than conventional inspection, differentiated by automatic detection and quantification of both surface and subsurface damage. By August 2023 it reported serving more than 20 large asset-owning customers globally [0][3][4].

The combination of drone-mounted acoustic sounding hardware with AI-based image analysis allows detection and quantification of subsurface damage such as delamination in addition to surface defects, on structures that are difficult or unsafe to reach manually, along with repeat-survey change detection for tracking defect progression [0][3].

Technology

AUTOSPEX applies AI, computer vision and machine learning to fused visual, thermal and acoustic survey data to detect and quantify surface and subsurface concrete damage, with change detection across repeat surveys and deterioration-rate analysis. DRONIC is a patented multi-layered data collection and fusion architecture; the NCX Mini is a UAV-mounted acoustic impactor producing roughly 20 soundings per second whose signals drive a signal-recognition model for delamination mapping. Defect models are built on millions of images of real-world civil assets [0][3][4].

Go-to-market

The company sells directly through account executives via its website contact channels and works with engineering consultancies and public agencies on inspection projects. Visibility has come from named public-agency deployments, press and broadcast coverage, partnership with drone-software firm SPH Engineering, participation in the Creative Destruction Lab Vancouver accelerator and Techstars, and investment from Bentley Systems, whose CEO is quoted on the company's site [0][3][4][6].

Asset owners and asset managers of critical civil infrastructure — utilities and water agencies, federal and state governments, transport authorities and engineering consulting firms — responsible for hydro dams, spillways, bridges, runways, ports, tunnels and similar structures [0][4].

Geography

Headquartered in British Columbia, Canada, with listed offices in Vancouver (Niricson Software Inc.), Las Vegas, Nevada (Niricson USA, Inc.), New Delhi, India (Niricson India Pvt. Ltd.) and Carlton South, Victoria, Australia (Niricson Australia Pty. Ltd.). A Victoria, BC address is also on record. Projects span Canada, the United States, Australia, New Zealand and the United Kingdom [0][1][2][5][6].

History

Founded in 2020 in Victoria, BC, Niricson joined the Creative Destruction Lab Vancouver 2020/21 Prime cohort and by 2021 had completed dam inspections for customers including BC Hydro and a Water Security Agency pilot at Gardiner Dam. In February 2022 it announced funding from Bentley iTwin Ventures to accelerate a predictive analytics platform for dams and bridges, and in 2022 was profiled by CityAge and Innovate BC among five promising BC startups. In August 2023 it announced a Series A of more than CAD 10 million led by MUUS Climate Partners, and has since operated subsidiaries in the United States, India and Australia [1][2][3][4][6][7].

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Acoustic sounding rate (NCX Mini)Jan 202520 soundings per second
EmployeesJan 202125 people
Global officesJan 20254
Large customersAug 202320 customers
Total funding raised (as reported)Jan 2021$2M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 3

by search overlap

Companies competing with Niricson Software for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 8

launches, deals, and filings
Aug 2023
Series A of over CAD 10 million led by MUUS Climate Partners

Niricson announced a Series A round of more than CAD 10 million led by MUUS Climate Partners, with participation from Bentley Systems, Sustainable Development Technology Canada, Export Development Canada, Invest Victoria, Forward Venture Capital, Techstars and others. Stated uses were global expansion of its robotics, computer vision and acoustic inspection technology and R&D on an AI-driven predictive analytics SaaS platform for critical infrastructure.

source ↗

Jun 2022
Profiled as one of five promising BC-based startups by CityAge and Innovate BC

Niricson Software was profiled among five BC startups solving problems using data at CityAge and Innovate BC's event 'The Data Effect: How to Build a Digital Society' in Vancouver, where CEO Harsh Rathod spoke.

source ↗

May 2022
UgCS used for vertical inspections of a Canadian arch dam with SPH Engineering

SPH Engineering announced that Niricson, described as a partner, applied a UAV-based data collection method using UgCS for vertical inspections of a Canadian arch dam.

source ↗

Feb 2022
Niricson acquires funding from Bentley iTwin Ventures

Niricson Software announced funding from Bentley iTwin Ventures to accelerate the launch of a predictive analytics platform for dams and bridges using multi-layered data fusion.

source ↗

Dec 2021
Water Security Agency drone inspection pilot at Gardiner Dam

Saskatchewan's Water Security Agency ran a pilot project using aerial drones to gather structural inspection data, including thermal video, at Gardiner Dam in October 2021.

source ↗

Jul 2021
Harsh Rathod named to BC Business 30 Under 30

BC Business profiled co-founder and CEO Harsh Rathod, then 29, in its 30 Under 30 feature on his work developing software to find structural flaws and damage.

source ↗

Jan 2020
Company founded

Harsh Rathod co-founded Niricson with Seattle-based Aki Tomita at the beginning of 2020; the idea originated while Rathod was pursuing a PhD in civil engineering at the University of Victoria.

source ↗

Jan 2020
Selected for Creative Destruction Lab Vancouver, Prime stream

Niricson Software participated in the Creative Destruction Lab Vancouver 2020/21 cohort in the Prime stream.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Niricson SoftwareBritish Columbia, Canada

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Niricson Software do?
Niricson uses drones, acoustic sensing and AI to assess and monitor concrete damage on dams, bridges and airfields.
Who founded Niricson Software?
Niricson Software was founded by Harsh Rathod, Aki Tomita in 2020.
Who are Niricson Software's investors?
Niricson Software's investors include Techstars, Bentley iTwin Ventures, Cerity Partners Ventures, Forward Venture Capital, Swan Venture Fund.
How much funding has Niricson Software raised?
Niricson Software has disclosed $1.8M raised across 2 of its 4 known rounds.
Where is Niricson Software headquartered?
Niricson Software is headquartered in Victoria, CA.