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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.
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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.
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 | Source |
|---|---|---|---|---|---|
| 2021 | Funding round | $4.1M | - | - | |
| 2019 | Funding round | $1.4M | - | - | |
| Question | Answer |
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| Advice for 20 year old self | - |
We do not have customer count information for CorrosionRADAR yet.
CorrosionRADAR employs approximately 32 people as of 2026, up from 24 in 2023.
CorrosionRADAR generates an estimated $2.9M in annual revenue.
CorrosionRADAR was founded by Chiraz Ennaceur.
The CEO of CorrosionRADAR is Chiraz Ennaceur.
CorrosionRADAR raised $6.4M across 7 rounds.
CorrosionRADAR has 32 employees.
CorrosionRADAR is headquartered in Cambridge, England, United Kingdom.
CorrosionRADAR operates across multiple industries. Browse revenue, funding, and growth data for CorrosionRADAR in each sector below.
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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2024 Revenue
$2.9M(Est.)
Funding
$6.4M
Team
32
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2024 | CorrosionRADAR Hit $2.9m revenue in October 2024 | Estimated |
| 2023 | CorrosionRADAR Hit $1.4m revenue in December 2023 | Estimated |
| 2021 | CorrosionRADAR Hit $1m revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
| 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 | - | - |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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