Founded in 2017 by Vicki Knott and Roger Shirt, CruxOCM is a platform that automates industrial control rooms, enhancing sustainability, profitability, and safety. Today, the company announced the closing of a $17 million Series A funding round. The round was led by M12 (Microsoft’s Venture Fund), with participation from new investors, including ONEOK, Raven Indigenous Capital Partners and EIC Rose Rock Fund and with continued support from existing investors Angular Ventures, Bullpen Capital, Root Ventures, Industry Ventures, Cendana Capital, Pipeline Capital Partners, and Golden Ventures.
“This investment from leading industry VCs empowers us to bring co-pilot to even more control rooms across the energy sector. Our mission is to empower control room operators and ensure the streamlined and safe operation of the essential energy infrastructure we rely on every day.”
– Vicki Knott, Co-founder, and CEO of CruxOCM
“M12 is excited to back CruxOCM’s mission to equip energy industry control room operators with advanced tools,” stated Michelle Gonzalez, Corporate Vice President, and Global Head at M12, Microsoft’s Venture Fund. “Their innovative technology is set to disrupt the energy sector, enhancing efficiency and safety by providing operators with co-pilot capabilities. This is crucial for our critical energy infrastructure. We look forward to supporting CruxOCM’s growth and seeing their impact on the energy industry.”
CruxOCM is now set to accelerate its growth and introduce co-pilot technology for control room operators across the midstream and broader energy sectors. This investment, along with the involvement of strategic partners, underscores the industry’s confidence in CruxOCM’s vision and mission. As the company continues to innovate and expand, its dedication to empowering control room operators to improve the safety and efficiency of critical energy infrastructure worldwide remains steadfast.
