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Crux OCM - About the company

Crux OCM is a series A company based in Calgary (Canada), founded in 2017 by Roger Shirt and Vicki Knott. It operates as an AI-based software solution to optimize pipeline transmission activities for the oil and gas midstream industry. Crux OCM has raised $27M in funding from investors like Techstars, Bullpen Capital and Root Ventures. The company has 10 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like Integrated Environmental Technologies, Fluid Efficiency and LiquidPower.

Company Details

AI-based software solution to optimize pipeline transmission activities for the oil and gas midstream industry. The software can be used in conjunction with the SCADA system to increase liquid flows, real-time power consumption optimization, and lower consumption of drag-reducing agents on a real-time basis.
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Phone Number
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Key Metrics
Founded Year
2017
Location
Calgary, Canada
Stage
Series A
Total Funding
$27M in 5 rounds
Latest Funding Round
Investors
Ranked
Employee Count
42 as on Jun 30, 2026
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Crux OCM's funding and investors

Crux OCM has raised a total funding of $27M over 5 rounds. Its first funding round was on 2018. Its latest funding round was a Series A round on Aug 14, 2024 for $*****. 11 investors participated in its latest round. Crux OCM has 13 institutional investors.

Here is the list of recent funding rounds of Crux OCM:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 14, 2024
5900532
Series A
9284615
6689779
1859916
5657671
Apr 02, 2024
4538975
Series A
8767097
2841306
6331390
Sep 14, 2021
9460297
Series A
5572152
4666659
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Crux OCM's founders and board of directors

Founder? Claim Profile
The founders of Crux OCM are Roger Shirt and Vicki Knott. Vicki Knott is the CEO of Crux OCM.
Here are the details of Crux OCM's key team members:

Crux OCM's employee count trend

Crux OCM has 42 employees as of Jun 26. Here is Crux OCM's employee count trend over the years:
Employee count trend for Crux OCM
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Crux OCM's Competitors and alternates

Top competitors of Crux OCM include Integrated Environmental Technologies, Fluid Efficiency and LiquidPower. Here is the list of Top 10 competitors of Crux OCM, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Crux OCM
Crux OCM
2017, Calgary (Canada), Series A
AI-based software solution to optimize pipeline transmission activities for the oil and gas midstream industry
$27M
44/100
2nd
Manufacturer of drag reducing chemicals for transporting oil in pipelines
-
-
40/100
3rd
Logo for Fluid Efficiency
Fluid Efficiency
2014, Pasadena (United States), Series A
Provider of technology solutions for pipeline flow enhancement
$9.37M
39/100
4th
Logo for LiquidPower
LiquidPower
1973, Houston (United States), Acquired
Global leader providing drag reducing agents and full-service pipeline solutions
-
-
38/100
5th
Logo for Fractal Systems
Fractal Systems
2006, Calgary (Canada), Funding Raised
Technology solution for the processing or upgrading of heavy-oil and bitumen.
-
33/100
6th
Logo for Recoil Energy Systems
Recoil Energy Systems
2014, Taylor (United States), Acquired
Provider of crude oil reclamation services
-
-
23/100
7th
Logo for IRIS Tech
IRIS Tech
2021, Houston (United States), Unfunded
Developer of drag reducing agents designed for pipeline applications
-
-
22/100
8th
Logo for Kappa Chem
Kappa Chem
2022, Valsad (India), Unfunded
Manufacturer of specialty chemicals and various components for petrochemical industries
-
-
16/100
9th
Logo for Aquila Pipe Services
Aquila Pipe Services
2019, Conroe (United States), Unfunded
Provider of drag reducing agents, hydraulic modeling, and injection services
-
-
16/100
10th
Logo for Superior Upgrading Technologies
Superior Upgrading Technologies
2015, Bellefonte (United States), Deadpooled
AI-powered automated trading platform for cryptocurrency investments, focusing on Polish citizens
-
-
15/100
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Crux OCM's Investments and acquisitions

Crux OCM has made no investments or acquisitions yet.

News related to Crux OCM

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