CorePlan

CorePlan

SaaS platform for mining drilling management

Overview

Coreplan is a cloud-based SaaS platform for the mining and drilling sector that digitizes the drilling lifecycle—from planning and budgeting to execution and reporting—replacing paper and Excel-based work processes. The platform tracks costs in real time, monitors contractor performance, and provides analytics, with drill contractors using modules for digital plod management, client contracts, and automated invoicing; an offline-first mobile app supports field data capture and safety management. It differentiates itself by focusing on drilling workflows, offering multi-language and multi-currency support, integrations, and a product that serves both mining companies and drilling contractors. Its goal is to expand globally, including into the Americas and Africa, aided by recent funding to broaden capabilities and drive wider adoption in the mining industry.

About CorePlan

Simplify's Rating
Why CorePlan is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Industrial & Manufacturing

Enterprise Software

Company Size

51-200

Company Stage

Seed

Total Funding

$5.8M

Headquarters

Perth, Australia

Founded

2015

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Simplify's Take

What believers are saying

  • CorePlan raised AU$5 million on February 3, 2026, extending runway for expansion.
  • The company is hiring in Vancouver and Perth, signaling North American scaling.
  • CorePlan says over 45 million metres are drilled on its platform, proving workflow stickiness.

What critics are saying

  • BHP, Fortescue, and AngloGold can pressure pricing and demand custom features.
  • Hexagon Mining, Maptek, and GEOVIA Surpac already own adjacent mining software budgets.
  • CorePlan depends on drilling activity; a prolonged capex downturn cuts usage and renewals.

What makes CorePlan unique

  • CorePlan owns drilling workflows end-to-end, from plod capture to invoicing.
  • CorePlan 2.0 launched September 2024, rebuilding the platform on a modern framework.
  • CorePlan won GRX 2026 and claims 9,000 users across four continents.

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Funding

Total Funding

$5.8M

Below

Industry Average

Funded Over

2 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Meet Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$3.2M
CorePlan

Benefits

Health Insurance

Paid Vacation

Hybrid Work Options

Parental Leave

Wellness Program

Mental Health Support

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-2%
CorePlan
Feb 4th, 2026
CorePlan

Perth-grown CorePlan has secured AU$5 million in follow-on funding, led by existing investor EVP, to scale its drilling operations platform. The software connects contractors and geology teams into a single system of record for planning, production, compliance, and invoicing.

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