Who are Verai's investors?

Verai's investors include Blumberg Capital, Insight Partners, Orion Resource Partners, T. Rowe Price, Chrysalix.

How much funding has Verai raised?

Verai has disclosed $39.3M raised across 3 rounds.

Where is Verai headquartered?

Verai is headquartered in Needham, US.

Verai

Needham, US · Founded 2020 · 20 employees on LinkedIn · 5 known investors

VerAI Discoveries applies data science and AI to mineral exploration and real-asset discovery, drawing on expertise from geoscience and defense intelligence. It serves the mining and mineral asset sector.

AI & Machine Learning Deep Tech New Materials

Founders & leadership

Amitai AxelrodinCo-Founder, Chief Operating Officer | Director

Yair FrastaiinCo-Founder & CEO

Board

Jeff Horing in 𝕏Board directorCo-founder & Managing Director at Insight Partners

Stanton GreenBoard director

Timothy WarmanBoard directorformer

Gordon BogdenBoard director

Charles HaythornthwaiteBoard director

Investors · 5

Blumberg Capital✓ verifiedMiami · $500K – $5M

Insight Partners✓ verifiedNew York · $120M – $350M

Orion Resource Partners✓ verifiedLondon

T. Rowe Price✓ verifiedBaltimore

ChrysalixDelft · $36.5K – $2.9M

Reported raises · per SEC filings

Form D private placements

$39.3M disclosed across 3 rounds · 2021–2025

▶$23.9MraisedFeb 2025 · 13 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Stanton GreenDirector
Amitai AxelrodExecutive Officer, Director
Timothy WarmanDirector
Gordon BogdenDirector
Yair FrastaiExecutive Officer, Director
Charles HaythornthwaiteDirector
Jeff HoringDirector

Offering amount: $25M
Amount sold: $23.9M
First sale: Feb 2025
Incorporated: Corporation, Delaware, 2020
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$12MraisedOct 2022 · 7 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Stanton GreenDirector
Amitai AxelrodExecutive Officer, Director
Charles HaythornthwaiteDirector
Yair FrastaiExecutive Officer, Director
Timothy WarmanDirector

Offering amount: $12M
Amount sold: $12M
First sale: Oct 2022
Incorporated: Corporation, Delaware, 2020
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$3.4MraisedApr 2021 · 3 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Amitai AxelrodExecutive Officer, Director
Yair FrastaiExecutive Officer, Director

Offering amount: $3.4M
Amount sold: $3.4M
Proceeds to insiders: $650K
First sale: Apr 2021
Incorporated: Corporation, Delaware, 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.

Competitors · 1

by search overlap

Veritone7 shared keywordsVeritone builds enterprise AI solutions on its aiWARE platform, converting unstructured audio, video, and other data into searchable intelligence and automated workflows. It serves commercial businesses, public sector and law enforcement agencies, and talent acquisition teams across industries such as media, healthcare, finance, retail, and defense.

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

Frequently asked questions

What does Verai do?: VerAI Discoveries applies data science and AI to mineral exploration and real-asset discovery, drawing on expertise from geoscience and defense intelligence. It serves the mining and mineral asset sector.
Who are Verai's investors?: Verai's investors include Blumberg Capital, Insight Partners, Orion Resource Partners, T. Rowe Price, Chrysalix.
How much funding has Verai raised?: Verai has disclosed $39.3M raised across 3 rounds.
Where is Verai headquartered?: Verai is headquartered in Needham, US.