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Perth-grown CorePlan has secured AU$5 million in follow-on funding, led by existing investor EVP, to scale its drilling operations platform. The software connects contractors and geology teams into a single system of record for planning, production, compliance, and invoicing.
The raise follows another year of strong international expansion for the Australian company. As global exploration mining activity ramps up, CorePlan is meeting a growing demand to replace manual administration with connected workflows that empower geologists and engineers to run drilling programs and mining operations more efficiently.
While exploration activity is accelerating - driven by record gold prices, critical minerals demand, and supply chain responses to geopolitics - the mining industry remains 40% less digitally mature than comparable sectors. Many mining and geology teams still rely on a fragmented mix of spreadsheets, messages and databases to manage complex operations.
CorePlan provides the digital operating system to bridge this gap. By consolidating these processes into a single platform, the software provides auditable workflows for planning, production, and contractor collaboration, turning manual invoice checking and data entry into a streamlined, automated process.
A key advantage is CorePlan’s two-sided adoption model: drilling and earthmoving contractors use the platform to run their operations and bring their mining customers onboard. Mining companies then standardise these workflows across multiple contractors, creating a repeatable, site-by-site expansion pattern.
As exploration and project development spending surges, CorePlan has expanded to support end-to-end program management. From earthworks and geophysics to multi-team workflows, the platform acts as a central hub that enables mining and drilling teams to execute faster, leaner programs.
With this additional funding, CorePlan will deepen integrations with mining software to eliminate duplicate data entry. The roadmap includes expanded scheduling capabilities, the launch of a drill & blast module, and specialised support for underground drilling. By pulling geoscientific data directly into daily workflows, the platform will leverage automated modelling to deliver faster, more accurate site insights.
Founder and CEO Alex Goulios said the funding will accelerate CorePlan’s mission to modernise drilling operations globally.
“Our focus has always been on bridging the gap between contractors and mining teams. This investment will allow us to continue to expand our global team, extend our range of services to deliver value to the global mining industry,” said Mr Goulios. CorePlan is becoming the operational backbone for the industry by turning manual admin tasks that once took days to minutes. This round validates the impact our team is delivering for our customers.”
CorePlan supports a global customer base spanning APAC, North America, Latin America, and Africa. The platform is used by leading contractors and major miners, including industry giants such as DDH1, Boart Longyear, Foraco, and Geodrill, alongside global operators like BHP, Fortescue, AngloGold Ashanti and Rio Tinto. Today, CorePlan supports over 600 companies and 9,000 users worldwide, adding approximately 300 new users to the platform every month.
To date, the platform has successfully managed over AU$6.1 billion in drilling and mining works, streamlining the invoicing and approval workflows for complex global programs.
EVP Partner Mark Velik said the decision to increase their investment came from CorePlan’s strong execution, global traction and customer outcomes. “CorePlan stands out as the category-defining platform for mining and drilling operations. Customer advocacy, expansion and enterprise adoption is exceptional and the team has consistently delivered a world-class, mission-critical product. We are excited to continue our partnership,” Mr Velik said.
The AU$5 million in new funding will be used to expand the global team and support significant growth through 2026. Key priorities include deepening product expansion into drilling and geology workflows, strengthening enterprise capabilities, scaling regional support and presence in the Americas, and expanding operations in Australia.
CorePlan is a Western Australian technology company that provides a cloud-based operating system for exploration and drilling operations. The platform helps mining companies and contractors plan work, track production, manage compliance, optimise decisions and control costs in real time. CorePlan is used globally to improve operational performance and reduce waste across the drill program lifecycle. Visit coreplan.io.
EVP is a venture capital firm specialising in B2B software. With over $250 million under management, EVP invests in high-growth SaaS and marketplace businesses across Australia and international markets. Its portfolio includes industry leaders such as Ignition, Deputy, Shippit, Lumary, Hnry, and Mutinex. Visit evp.com.au.
media@coreplan.io
