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Just raised $40M Series B - high purchase intent window

VRIFY raised $12.5M in a Series B funding round led by LGVP to accelerate the industry-wide adoption of its AI-assisted mineral discovery platform.

Feb 28, 2025•7 months ago

Amount Raised

$12.5 Million

Round Type

series b

Vancouver

Investors

Beedie CapitalRcf InnovationLgvp

Description

VRIFY, a technology company based in Vancouver, raised $12.5M in Series B funding to enhance its platform for minerals exploration. The funding round was led by LGVP and included participation from RCF Innovation and Beedie Capital.

Company Information

Company

Vrify Technology

Location

Vancouver, British Columbia, Canada

About

VRIFY is the leading mining communications technology platform, revolutionizing how mining and mineral exploration companies communicate and drive investment. VRIFY unlocks the full potential of investor and stakeholder engagement through groundbreaking interactive 3D and 360-degree presentations. These immersive visual experiences provide powerful context and give unprecedented access to comprehensive information on companies and their projects, empowering investors to make well-informed decisions. By simplifying complex data and providing a faster, more precise means to evaluate any mining enterprise, VRIFY aims to build a more transparent, more investable and more sustainable mining sector. Want to unlock the full potential of your investor engagement efforts? Secure a front-row seat to the future of mining communications by booking a demo with us now: https://vrify.com/request-demo Want to be a part of the change? Check out our careers page: https://vrify.com/careers

FundzWatch™ Score

Medium Activity

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech