StratumAI

StratumAI, formerly known as Stratum Technologies and simply Stratum, is a company based in Toronto, Ontario, Canada. It operates within the industrials sector, specifically focusing on climate-related technologies for the mining industry. The company, which participated in the Y-Combinator W20 batch, employs a team of five and has additional offices in Peru and Australia. StratumAI’s technology utilizes deep learning to predict optimal drilling locations and estimate mineral quantities between drillholes, significantly improving mine planning and grade control. This technology not only targets gold but is also applicable to base metals such as copper. It is projected to generate approximately $10 million in annual value for the average mine by replacing traditional statistical interpolation methods. StratumAI’s solutions include dynamic reconciliation and error correction for real-time ore tracking, which enhances drill targeting and reduces waste, while increasing yield and the grade of high-grade stockpiles in copper mines. The company also offers a knowledge portal that features technical documents, blog posts, webinars, and provides case studies and presentations that demonstrate the benefits of their technology. Additionally, StratumAI provides an investor kit to attract potential investors.