VRIFY

About VRIFY

VRIFY Technology Inc. is a Vancouver-based company, founded in 2017 by CEO Steve de Jong, that is strategically positioned at the intersection of mining and artificial intelligence. The firm initially focused on improving how mining and mineral exploration companies communicate with investors, developing tools for 3D visualization and 360-degree virtual tours of mining sites. This allowed clients to present complex geological data and project details in an accessible format to non-technical stakeholders and potential investors.

Recognizing a deeper need within the sector, VRIFY evolved its business model to concentrate on the core challenge of mineral discovery itself. The company now operates on a software-as-a-service (SaaS) basis, providing its technology to a global client base. This evolution was significantly shaped by the expertise of its leadership. Founder Steve de Jong was previously the CEO of Integra Gold Corp., which he grew from a C$10 million company to a C$590 million acquisition, partly by fostering an innovation challenge to find undiscovered gold. This experience highlighted the potential for technology to revolutionize exploration. The company's technical direction is led by CTO Jean-Philippe (JP) Paiement, a geologist who won the $1 Million Integra Gold Rush Challenge in 2016 by applying machine learning to exploration, a pioneering move in the industry.

The company's flagship product is DORA (Discovery-Oriented Robotic Assistant), an AI-assisted mineral discovery platform. DORA utilizes proprietary AI, deep-learning models, and data visualization to analyze vast geological datasets, including a client's own data integrated with VRIFY's extensive proprietary database. The platform is designed to be a research and development tool for geoscientists, enabling them to identify hidden patterns, reduce human bias, and accelerate the discovery process from months to minutes. It generates predictive models that highlight areas with high mineralization potential, allowing exploration teams to test hypotheses and iterate on data with speed and precision. In addition to its AI discovery capabilities, VRIFY continues to offer its presentation tool, which allows companies to transform the complex outputs from DORA and other exploration data into interactive, visually engaging presentations for stakeholders.

VRIFY serves a diverse clientele that spans from junior mineral exploration companies to major mining corporations, with nearly 200 clients across 70 countries. The company has secured significant financial backing, raising over C$30 million in total funding. This includes a C$6 million Series A round in May 2023 and a C$12.5 million Series B round in February 2025, with investments from firms like LGVP, RCF Innovation, and Beedie Capital. This capital is being used to accelerate the adoption of the DORA platform and expand its team of geoscientists, data scientists, and developers.