ControlRooms.ai Secures $10M in Series A Funding for AI Troubleshooting
ControlRooms is an AI troubleshooting platform that learns plant behavior to optimize productivity and minimize downtime.
Company Name: ControlRooms.ai
Location: Austin, TX
Nature of Business: AI-Assisted Troubleshooting for Manufacturers
Funding Raised: $10M in Series A round
Lead Investor: Origin Ventures
Other Investors:
- Amity Ventures
- Tokio Marine Future Fund
- S3 Ventures
- GTM Fund
- Alpha Square Group
- FJ Labs
Purpose for Funds: Drive product development and target market entry in the chemical, energy, and materials sectors.
Background:
Nature of Product/Service: AI Troubleshooting platform that learns plant behavior to optimize productivity and minimize downtime. It identifies operational issues without pre-set rules, often before standard alarms.
Company Leadership: Monte Zweben, CEO; Omar A. Talib, President.
ControlRooms.ai offers a proactive solution for manufacturers, with an AI system that identifies issues in real-time. Current users include OCI Global and Ardagh Group. With the recent $10M funding from Origin Ventures and others, the company aims to enhance its product and enter new industry sectors.