Startup · United States
VerAI Discoveries
HQ Boston, MassachusettsFounded 202011-50 employeesUpdated
We deploy our proprietary AI-driven discovery platform to identify, generate, and secure high-probability mineral projects, at scale.
Funding3 rounds · $39.4M
- Equity raised
- $39.4M
- Latest
- $24.0MSeries B · Feb 26, 2025
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Feb 26, 2025 | Series B | $24.0M | — | Insight Partners | — | Reported |
| Nov 1, 2022 | Series A | $12.0M | — | — | — | Reported |
| Apr 26, 2021 | Seed | $3.4M | — | — | — | Reported |
- Series BLed by Insight Partners$24.0MFeb 26, 2025
- Series A$12.0MNov 1, 2022
- Seed$3.4MApr 26, 2021
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
People2
| Person | Role |
|---|---|
| Amitai Axelrod | Co-Founder and COO |
| Yair Frastai | CEO and Co-Founder |
Sources4
Profile2
- 1
Sixth-Domain · Supports Organization · kind
“{"group": "startups", "id": "33c67295-e661-42c0-8597-46e3c4b99bd8", "name": "VerAI Discoveries"}”
- 2
VerAI Discoveries · Supports Organization · description, Organization · name, Organization · website
“We deploy our proprietary AI-driven discovery platform to identify, generate, and secure high-probability mineral projects, at scale.”
Funding1
- 3
Octen Business Search · Supports Funding round, Organization · country, Organization · employee range, Organization · founded year, Organization · hq city, Organization · hq region, Organization · linkedin url, Organization · ownership, Role
“funding round: Series B, 2025-02-26, USD 24,000,000, lead: Insight Partners”
People1
- 4
VerAI Discoveries · Supports Role
““This is a pivotal moment for VerAI,” said Yair Frastai, CEO and Co-Founder of VerAI Discoveries.”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.