ControlRooms

Austin, United States Founded: 2021 • Age: 5 yrs
Cloud-based AI platform monitors chemical plant operations.
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About ControlRooms

ControlRooms is a company based in Austin (United States) founded in 2021 by Omar A Talib.. ControlRooms has raised $10 million across 1 funding round from investors including FJ Labs, Origin Ventures and Amity Ventures. ControlRooms offers products and services including AI Anomaly Detection, Trend Search, and Targeted Alerts. ControlRooms operates in a competitive market with competitors including Veritone, Anyscale, Comet, Abacus.AI and DataRobot, among others.

  • Headquarter Austin, United States
  • Founders Omar A Talib
  • Sectors
    Chemicals & Materials
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Chemicals & Materials → Industrial & Technical Services
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $10 M (USD)

    in 1 rounds

  • Latest Funding Round
    $10 M (USD), Series A

    Aug 29, 2023

  • Investors
    FJ Labs

    & 6 more

  • Employee Count
    Employee Count
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Products & Services of ControlRooms

ControlRooms offers a comprehensive portfolio of products and services, including AI Anomaly Detection, Trend Search, and Targeted Alerts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Detects early issues in plant operations using AI analysis.

Scans historical data to identify similar events quickly.

Delivers alerts to teams for fast issue resolution.

Funding Insights of ControlRooms

ControlRooms has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $10.0M
  • First Round

    (29 Aug 2023)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2023 Amount Series A - ControlRooms Valuation Origin Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ControlRooms

ControlRooms has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include FJ Labs, Origin Ventures and Amity Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
VC firm investing in the US
Founded Year Domain Location
Venture capital investments are directed toward tech startups.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ControlRooms

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ControlRooms

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Controlrooms Comparisons

Employees
+
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Competitors of ControlRooms

ControlRooms operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Veritone, Anyscale, Comet, Abacus.AI and DataRobot, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Latest news on Controlrooms

Frequently Asked Questions about ControlRooms

When was ControlRooms founded?

ControlRooms was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Where is ControlRooms located?

ControlRooms is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Is ControlRooms a funded company?

ControlRooms is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Aug 29, 2023.

What does ControlRooms do?

ControlRooms was founded in 2021 in Austin, United States. A cloud-based monitoring platform is offered to operators in the chemical industry. Plant activities are continuously inspected using machine learning to reduce unscheduled interruptions. The platform is applied in control rooms, meetings, and shift changes. Integration with historians and OPC servers is enabled for enhanced functionality.

Who are the top competitors of ControlRooms?

ControlRooms's top competitors include DataRobot, Abacus.AI and Anyscale.

What products or services does ControlRooms offer?

ControlRooms offers AI Anomaly Detection, Trend Search, and Targeted Alerts.

Who are ControlRooms's investors?

ControlRooms has 7 investors. Key investors include FJ Labs, Origin Ventures, Amity Ventures, Tokio Marine Future Fund, and S3 Ventures.

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