BoreDM Announces Series A Growth Investment From Five Elms Capital - PR Newswire
BoreDM secures a Series A growth investment from Five Elms Capital to expand its AI-assisted geotechnical data management and logging software platform.
BoreDM Raises Series A Growth Capital
BoreDM, based in Phoenix, provides a cloud-based platform for geotechnical borehole logging, data management, and subsurface reporting. The company has announced a growth investment from Five Elms Capital to accelerate the development of its product roadmap and support market expansion.
Investors
This investment round was led by Five Elms Capital, a growth investor focused on scaling software businesses.
BoreDM Use of Funds
The capital will be used to fund an expansion of the company's product capabilities, including intelligent log digitization, automated data processing for geotechnical and environmental workflows, and AI-assisted field tools. Additionally, the funds will support go-to-market growth and the expansion of the customer success team.
About BoreDM
Founded by Louis Aaron, BoreDM provides a modern, cloud-based platform for managing geotechnical and geoenvironmental data. The mission is to bring digital efficiency and intelligence to borehole logging and subsurface data management, serving consultants, engineering firms, and public agencies.
Funding Details
Company Website: https://boredm.com
Company: BoreDM
Round: Series A
Funding Date: June 1, 2026
Lead Investor: Five Elms Capital
Company Website: https://boredm.com
Software Category: Geotechnical Software
Source: https://www.prnewswire.com/news-releases/boredm-announces-series-a-growth-investment-from-five-elms-capital-302786053.html
