In a significant boost for Western Australia's technology sector, Perth-based mining software startup CorePlan has secured a fresh $5 million investment from east coast venture capital firm EVP. This latest injection aims to accelerate the company's international expansion and meet surging overseas demand for its innovative digital platform.
Digital Transformation in Mining Operations
Founded by Alex Goulios, former head of digital at mining consultancy CSA Global, CorePlan has developed a cloud-based platform that streamlines drilling operations by eliminating manual administrative tasks. The software integrates planning, production, compliance, and invoicing data into a single site, enabling miners, drilling contractors, geologists, and field teams to collaborate more effectively.
Mark Velik, partner at EVP, praised CorePlan as "a category-defining platform for mining and drilling operations", highlighting the startup's impressive growth trajectory and execution capabilities. This new funding brings EVP's total investment in CorePlan to nearly $10 million over the past two years, underscoring strong confidence in the company's potential.
Addressing a Digital Gap in the Mining Industry
Despite increased exploration activity driven by booming commodity prices for resources like gold and silver, CorePlan estimates that the mining sector remains approximately 40% less digitally mature compared to other industries. Many mining and geology teams still depend on a disjointed combination of spreadsheets, messages, and databases, creating inefficiencies in workflow management.
CorePlan's platform addresses this gap by centralising data, which can lead to faster drilling programs and potentially expedite mineral discoveries. The company has experienced rapid growth, now supporting over 600 companies and 9,000 users worldwide, with monthly user adoption exceeding 300.
Expansion and Revenue Growth
CorePlan's customer base includes prominent drilling companies such as DDH1, Boart Longyear, Foraco, and Geodrill, as well as major miners like BHP, Fortescue, AngloGold Ashanti, and Rio Tinto. According to Mr Goulios, the startup's revenue doubled in 2025, and it is on track to achieve similar growth this year.
The new funding will be directed towards expanding CorePlan's global footprint and enhancing its platform features. Staff numbers are expected to increase from 63 to 100 this year, with the Americas identified as a key growth market. Ownership of the company is primarily held by Mr Goulios, EVP, and former directors of CSA, with staff and other management retaining a 17% stake.
This investment highlights the growing intersection of technology and traditional industries in Australia, positioning CorePlan as a leader in driving digital innovation within the mining sector.
