C

CorePlan

SaaS platform for mining drilling management

Overview

Coreplan provides a cloud-based SaaS platform for the mining and drilling sector, digitizing the drilling lifecycle from planning to reporting. It replaces paper and Excel processes with real-time cost tracking, contractor performance monitoring, and analytics, while drilling contractors use modules for digital plod management, client contracts, and automated invoicing. An offline-first mobile app supports field data capture and safety management, with Coreplan 2.0 improving collaboration and analytics. The platform differentiates itself by specializing in drilling workflows, offering multi-language and multi-currency support, integrations, and services for both mining companies and drilling contractors, and it aims to expand globally into the Americas and Africa with recent funding to grow capabilities.

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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 & AnalyticsIndustrial & ManufacturingEnterprise Software

Company Size

51-200

Company Stage

Seed

Total Funding

$5.8M

Headquarters

Perth WA, Australia

Founded

2015

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Simplify's take

What believers are saying

  • CorePlan raised AU$5 million in February 2026 to fund global expansion.
  • The company expanded into the Americas and Africa in October 2024.
  • IMARC named CorePlan a 2026 breakthrough finalist, strengthening enterprise credibility.

What critics are saying

  • GEOVIA Surpac, Leapfrog Geo, and Wenco bundle adjacent workflows, squeezing point-solution budgets.
  • CorePlan still depends on contractor-led adoption; one stalled anchor account blocks site expansion.
  • If BHP or Fortescue standardize on broader suites, CorePlan becomes a disposable niche tool.

What makes CorePlan unique

  • CorePlan unifies contractors and miners in one workflow, reducing reconciliation friction.
  • The 2026 platform serves 600 companies and 9,000 users across drilling programs.
  • CorePlan 2.0 modernized collaboration, analytics, and UX after its August 2024 rebuild.

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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
$2.3M
$3M
$3.2M

Benefits

  • Health Insurance
  • Paid Vacation
  • Hybrid Work Options
  • Parental Leave
  • Wellness Program
  • Mental Health Support

Growth & Insights and Company News

6 month growth

1%

1 year growth

1%

2 year growth

5%
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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