# VerAI Discoveries: Mining & metals, Boston, United States

> VerAI Discoveries: VerAI Discoveries is an AI-driven mineral asset generator based in Boston, Massachusetts, with a mission to enhance mineral discovery...

Source: https://millionrounds.com/startup/verai-discoveries (Millionrounds; every figure on the page links to its filing or article)

United States · [Mining & metals startup](https://millionrounds.com/companies)

# VerAI Discoveries

VerAI Discoveries is an AI-driven mineral asset generator based in Boston, Massachusetts, with a mission to enhance mineral discovery through targeted intelligence.

Funding reported Last round: Series A

Mining & metals Boston, United States

Company summary

- **Founded:** 2020 6 years old
- **Team:** 21 11 to 50 people
- **Funding reported:** $24M in dollars
- **Last round:** Series A Nov 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for VerAI Discoveries has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About VerAI Discoveries

VerAI Discoveries is an AI-driven mineral asset generator based in Boston, Massachusetts, with a mission to enhance mineral discovery through targeted intelligence.

Founded in 2020, the company focuses on uncovering concealed mineral deposits in underexplored areas that traditional methods often overlook. It operates within the mining and mineral exploration industry, emphasizing the discovery of critical minerals and metals essential for green energy, technological advancement, and national security. The company utilizes its proprietary AI/ML Discovery Platform to systematically identify high-value mineral locations, building a diversified portfolio of mineral assets. VerAI partners with industry players, including mining companies and resource developers, to develop its discoveries. It targets prime mining jurisdictions in Canada, the USA, Chile, and Peru, focusing on precious metals like gold, base metals such as copper, and battery metals. VerAI has successfully raised significant capital to support its operations, validating its innovative approach to mineral exploration.

## What company datasets say VerAI Discoveries raised

Funding, as reported

Reported in all **$24M** in dollars

Rounds **2**

Last round **Series A**

Last round size **$24M**

Last round date **Nov 2022**

Investors listed **5**

SEC Form D **$39M sold, 3 filings, last Feb 2025**

## On a portfolio page

Investors who name them

- [Chrysalix Venture Capital](https://millionrounds.com/fund/chrysalix-venture-capital)

Each firm lists VerAI Discoveries on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

geoscience data analysis high-probability targets underexplored terrains data analytics in mining geoscience ai platform strategic partnerships scalable asset portfolio exploration project success information technology & services mineral deposit location mineral discovery in covered terrains data space mineral discovery geoscience datasets exploration cost reduction drill-ready targets mineral exploration under cover

Built with from their website

PyTorch OpenAI Google Cloud Hosting AI Microsoft Exchange Microsoft 365 Apps & Services Brevo Python Microsoft Exchange Online Microsoft 365

+2 more

Outlook Microsoft Email Providers

- **Sector:** Mining & metals
- **Industry code:** NAICS 213114, 541715, SIC 1094
- **Region:** Massachusetts
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/verai-discoveries)

## Mining & metals in United States

Startups like it

- [**Redwood Materials** Carson City · founded 2017 *Raised*](https://millionrounds.com/company/redwood-materials)
- [**KoBold Metals** Berkeley · founded 2018 *Raised*](https://millionrounds.com/company/kobold-metals)
- [**Reframe Systems** Andover · founded 2021 *Raised*](https://millionrounds.com/company/reframe-systems)
- [**Mariana Minerals** San Francisco · founded 2009](https://millionrounds.com/startup/mariana-minerals)
- [**Lilac** Oakland · founded 2016](https://millionrounds.com/startup/lilac-4)
- [**JENNMAR** Pittsburgh · founded 1972](https://millionrounds.com/startup/jennmar)
- [**Seurat Technologies** Wilmington · founded 2015](https://millionrounds.com/startup/seurat-technologies)
- [**Jetti Resources** Boulder · founded 2014](https://millionrounds.com/startup/jetti-resources)

## Is this your company?

Add your raise, your deck and your story, and put VerAI Discoveries in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)