East coast venture capitalist injects another $5 million into WA mining software startup CorePlan

A Perth software startup helping pull the mining industry into the digital world has secured a new $5 million injection from east coast venture capitalist EVP to meet growing overseas demand for its technology.

Founded by Alex Goulios, a one-time head of digital at mining consultancy CSA Global, CorePlan has now banked nearly $10m of funding from EVP in the past two years to advance its namesake Cloud-based drilling operations platform that eliminates manual administration.

EVP partner Mark Velik said CorePlan was “a category-defining platform for mining and drilling operations”, adding his group had been impressed with the startup’s growth and execution.

The platform helps miners and drill contractors, and geologists and field drillers, better manage workflows by combining planning, production, compliance and invoicing data on the one site, resulting in quicker drilling programs and potentially hastening mineral discoveries.

It’s a fertile market.

Despite accelerating exploration on the back of booming prices for commodities such as gold and silver, CorePlan reckons the mining industry “remains 40 per cent less digitally mature than comparable sectors”.

Many mining and geology teams, it says, still rely on “a fragmented mix of spreadsheets, messages and databases”.

The WA business has grown quickly to support more than 600 companies and 9000 users worldwide, with the monthly take-up exceeding 300 users a month.

Its customers include drilling companies DDH1, Boart Longyear, Foraco, and Geodrill as well as miners such as BHP, Fortescue, AngloGold Ashanti and Rio Tinto.

Mr Goulios told The West Australian CorePlan’s revenue doubled in 2025 and “we will be nearing that this year”.

The latest EVP funds will be used to expand its global reach and broaden its platform. Staff numbers are set to jump from 63 to 100 this year, with the Americas a core growth market.

Ownership of CorePlan is controlled by Mr Goulios, EVP and former directors of CSA, with staff and other management holding 17 per cent.