ControlRooms.ai Raises $10M in Series A Funding

ControlRooms.ai, an Austin, TX-based AI-assisted troubleshooting company, raised $10M in Series A funding.

The round was led by Origin Ventures, with participation from Amity Ventures, Tokio Marine Future Fund, S3 Ventures, GTM Fund, Alpha Square Group, and FJ Labs among others.

The company intends to use the funds to accelerate its product development and go-to-market in the chemical, energy, and materials segments of heavy industry.

Led by CEO Monte Zweben, and President Omar A. Talib, ControlRooms is an AI Troubleshooting company whose platform allows manufacturers to enhance productivity, minimize downtime, and optimize resource allocation. ControlRooms.ai does not rely on pre-programmed, static rules to identify operational problems. Instead, its AI dynamically learns plant behavior on its own and surfaces issues before humans or alarms can detect them.

ControlRooms.ai is live at industry leaders such as OCI Global and Ardagh Group.

FinSMEs

29/08/2023