2024 Revenue
$2.9M
Funding
$6.4M
YOY
106.4%
Team
32
Founded
2017
How CorrosionRADAR CEO Chiraz Ennaceur grew CorrosionRADAR to $2.9M revenue with a 32 person team in 2024.
Developer of remote sensing technologies designed to reduce maintenance costs without compromising on safety of people, assets or environment. The company's technologies are used to monitor corrosion and run algorithms online to quantify severity of corrosion and moisture, as well as helps to detect and locate corrosion in inhospitable and inaccessible environments, enabling clients to predict corrosion development using advanced model and analytics.
Last updated
CorrosionRADAR Revenue
In 2024, CorrosionRADAR's revenue reached $2.9M. The company previously reported $1.4M in 2023. Since its launch in 2017, CorrosionRADAR has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | CorrosionRADAR Hit $2.9m revenue in October 2024 | |
| 2023 | CorrosionRADAR Hit $1.4m revenue in December 2023 | |
| 2021 | CorrosionRADAR Hit $1m revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
CorrosionRADAR Valuation, Funding Rounds
CorrosionRADAR has not publicly disclosed its valuation. The company has raised $6.4M in total funding to date.
CorrosionRADAR has raised $6.4M in total funding across 7 rounds, with its most recent round in 2021.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2021 | Funding round | $4.1M | - | - | |
| 2019 | Funding round | $1.4M | - | - | |
| 2018 | Funding round | $141.7K | - | - | |
| 2018 | Funding round | $106.3K | - | - | |
| 2018 | Funding round | $141.7K | - | - | |
| 2017 | Funding round | $147.4K | - | - | |
| 2017 | Funding round | $354.2K | - | - |
Founder / CEO
Chiraz Ennaceur
Dr. Chiraz Ennaceur - Chief Executive Officer and Co-founder - CorrosionRADAR
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for CorrosionRADAR yet.
CorrosionRADAR Employees & Team Size
CorrosionRADAR employs approximately 32 people as of 2026, up from 24 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 32 employees (October 2024) |
| 2023 | Reached 24 employees (December 2023) |
| 2022 | Reached 26 employees (December 2022) |
| 2021 | Reached 21 employees (December 2021) |
| 2021 | Reached 12 employees (April 2021) |
Frequently Asked Questions about CorrosionRADAR
What is CorrosionRADAR's revenue?
CorrosionRADAR generates $2.9M in revenue.
Who founded CorrosionRADAR?
CorrosionRADAR was founded by Chiraz Ennaceur.
Who is the CEO of CorrosionRADAR?
The CEO of CorrosionRADAR is Chiraz Ennaceur.
How much funding does CorrosionRADAR have?
CorrosionRADAR raised $6.4M.
How many employees does CorrosionRADAR have?
CorrosionRADAR has 32 employees.
Where is CorrosionRADAR headquarters?
CorrosionRADAR is headquartered in Cambridge, England, United Kingdom.
Compare CorrosionRADAR to the industry
CorrosionRADAR operates across multiple industries. Browse revenue, funding, and growth data for CorrosionRADAR in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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