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CorrosionRADAR logo — Turn CUI Intelligence into Operational Advantage

CorrosionRADAR

Turn CUI Intelligence into Operational Advantage

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
Founders / Decision Makers
Team member Team member
Employees 46
Industries AI, Analytics, Information Technology +3
Funding Stage Series B
Business Model B2B, SaaS, DaaS
Revenue Model Subscription, Usage Based, Service Fee
Social

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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.

Business keywords: 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 £5.00M 6
Aramco Ventures Finindus MEIF Proof-of-Concept & Early Stage Fund
Aramco Ventures, Finindus +4
30 Jul 2024
Series A £2.90M 2
Saudi Aramco Energy Ventures MEIF Proof-of-Concept & Early Stage Fund
Saudi Aramco Energy Ventures, MEIF Proof-of-Concept & Early Stage Fund
16 Feb 2021
Seed Round £1.00M 1
MEIF Proof-of-Concept & Early Stage Fund
MEIF Proof-of-Concept & Early Stage Fund
01 Nov 2019
Seed Round £100.00K 1
Innovate UK
Innovate UK
01 Sep 2018
Grant £75.00K 1
Innovate UK
Innovate UK
01 Jul 2018
Seed Round £100.00K 1
Innovate UK
Innovate UK
01 Feb 2018
Grant £104.00K 1
Innovate UK
Innovate UK
19 Dec 2017
Seed Round £250.00K 1
Mercia Fund Managers
18 Dec 2017

CorrosionRADAR Alternatives & Competitors

View All Alternatives
CorrosionRADAR vs
ГК «Цифра»
ГК «Цифра» Russia

Помогаем гигантам российской промышленности работать эффективнее / безопаснее / прибыльнее / экологи...

Venture round
204 employees
AI, Computer Vision
Compare CorrosionRADAR vs ГК «Цифра»
CorrosionRADAR vs
Hark
Hark United Kingdom

Improve efficiency, maximise yield, reduce waste. Industrial IoT and Energy Management Platform.

41 employees
Analytics, Energy
Compare CorrosionRADAR vs Hark
CorrosionRADAR vs
AiSight
AiSight Germany

AiSight AI product predicts errors and regulates parameters in real time using hardware and software...

Convertible Note
11-50 employees
AI, Hardware
Also compare with: CorrosionRADAR vs Inductosense Inductosense View all alternatives

FAQ About CorrosionRADAR

Turn CUI Intelligence into Operational Advantage
CorrosionRADAR was founded in 2017.
CorrosionRADAR is headquartered in Cambridge, United Kingdom.
CorrosionRADAR operates in AI, Analytics, Information Technology, IoT, Messaging and Autonomous and Sensor Tech. Its work centres on Corrosion Monitoring, Corrosion Under Insulation, Predictive Analytics and Industrial Asset Integrity. Its customers include Oil and gas companies, Chemical processing plants and Petrochemical industries.
CorrosionRADAR has a B2B, SaaS and DaaS business model. Its revenue comes from Subscription, Usage Based and Service Fee.
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 ГК «Цифра», Hark, AiSight, Inductosense, Canvass AI. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CorrosionRADAR and ГК «Цифра» 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.

Source: BounceWatch company record for CorrosionRADAR, https://bouncewatch.com/company/corrosionradar, updated 25 September 2026. When citing, please name BounceWatch and link this page.

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