CruxOCM develops a co-pilot platform that provides real-time automation, optimization, and data connectivity for control-room operators across pipeline and energy networks. Its product suite includes pipeBOT™, maxOPT™ and leanOPT™ to drive operational and business decisions. The platform integrates cross-domain, real-time, AI-driven software to help energy organizations improve financial, sustainability, and QHSE outcomes. The company is led by CEO Vicki Knott and targets energy-industry clients. CruxOCM intends to use the new funding to deliver additional value to its energy customers and expand deployment of its co-pilot capabilities. CruxOCM builds RIPA-enabled operations control management software that automates control-room tasks for oil and refined-products pipelines, helping maximize flow rates, streamline startup/shutdown procedures, and improve safety and asset utilization. The company claims its software increases revenue and safety for critical energy infrastructure and counts early customers including Phillips 66. CruxOCM plans to refine its user experience to deliver a more off-the-shelf product and to expand into additional energy verticals. Its near-term product-market focus is on US pipelines, with plans later to enter gas pipelines, gas plants, and offshore facilities. The company has seen rapid growth over the past two years, currently has 18 employees and plans to grow to 25 by year-end to support product development and deployments.

Total raised

$23M

Funding rounds

2

Latest round

Series A

Latest activity

Aug 2024