CorrosionRADAR logo — Transforming corrosion management through smart digital solu...

CorrosionRADAR

Transforming corrosion management through smart digital solutions

Founded 2017 United Kingdom Cambridge, United Kingdom 46 employees Series B Total: $9.53M AI, Analytics +4

General Information

Company Name CorrosionRADAR
Founded Year 2017
Location United Kingdom Cambridge, United Kingdom +1
Founders / Decision Makers
Team member Team member
Employees 46
Industries AI, Analytics, Information Technology +3
Funding Stage Series B
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About CorrosionRADAR

CorrosionRADAR, founded in 2017 and headquartered in the United Kingdom, is transforming the landscape of industrial asset management with its smart digital solutions for corrosion monitoring. Their innovative technologies, leveraging advancements in AI, IoT, and predictive analytics, address critical issues like corrosion under insulation (CUI) across various sectors, including new energy infrastructure such as hydrogen and CCUS, and conventional oil & gas.

The company enhances industrial safety and efficiency, enabling businesses to implement data-driven maintenance strategies that significantly cut costs. The idea is to align with Industry 4.0 initiatives by digitizing asset integrity management.

Supported by industry giants, CorrosionRADAR solidified its financial strength with a recent £5.00M Series B investment in July 2024. Prominent investors like Aramco Ventures, Finindus, and others actively back the startup, underscoring confidence in its growth potential and strategic importance in revolutionizing industrial maintenance.

Taxonomy: Corrosion Monitoring, Corrosion Under Insulation, Predictive Analytics, Industrial Asset Integrity, Smart Sensing Technology, Industry 4.0, IIoT, Digitalisation, Maintenance Cost Reduction, Remote Monitoring, Safety Improvement, Hydrogen Infrastructure, Carbon Capture and Storage, Oil and Gas, Predictive Maintenance

Services & Products

Predictive remote monitoring
Corrosion under insulation detection
Data-driven inspection optimization
Risk mitigation strategies

Target Customers

Oil and gas companies Chemical processing plants Petrochemical industries Plant managers Asset integrity experts

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 6
Investor Investor Investor
•••• ••••
30 Jul 2024
Series A •••••• 2
Investor Investor
16 Feb 2021
Seed Round •••••• 1
Investor
01 Nov 2019
Seed Round •••••• 1
Investor
01 Sep 2018
Grant •••••• 1
Investor
01 Jul 2018

View All 8 Funding Rounds

CorrosionRADAR Alternatives & Competitors

View All Alternatives
CorrosionRADAR vs
DuraMon
DuraMon Switzerland

Structural health corrosion monitoring solutions

Seed
11 employees
Autonomous and Sensor Tech
CorrosionRADAR vs
VCS Engineering
VCS Engineering United States

We Save Structures

20 employees
CorrosionRADAR vs
Inductosense
Inductosense United Kingdom

Simple and repeatable wall thickness monitoring with WAND

Series Unknown
37 employees
IT, Information Technology

FAQ About CorrosionRADAR

Transforming corrosion management through smart digital solutions
CorrosionRADAR was founded in 2017.
CorrosionRADAR is headquartered in Cambridge, United Kingdom.
CorrosionRADAR operates in the following industries: AI, Analytics, Information Technology, IoT, Messaging, Autonomous and Sensor Tech.
CorrosionRADAR has approximately 46 employees.
CorrosionRADAR has completed 8 funding rounds, raising a total of $9.53M. The latest funding stage is Series B.
CorrosionRADAR offers: Predictive remote monitoring, Corrosion under insulation detection, Data-driven inspection optimization, Risk mitigation strategies.
Top alternatives and competitors to CorrosionRADAR include DuraMon, VCS Engineering, Inductosense, Viking Analytics, Savcor Art Pty Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CorrosionRADAR and DuraMon are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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