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.
- Website
- cruxocm.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2017
Location
Calgary, Canada
Stage
Series A
Total Funding
$27M in 5 rounds
Latest Funding Round
Ranked
1st among 10 active competitors
Employee Count
42 as on Jun 30, 2026
Similar Companies
Legal entities associated with Crux OCM
Crux OCM is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CRUXOCM, INC. CIN: 32083418668 , United States, Deadpooled | Feb 25, 2022 | - | - | - |
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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:
Filter 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 |
View details of Crux OCM's funding rounds and investors
Crux OCM's founders and board of directors
Founder? Claim ProfileHere are the details of Crux OCM's key team members:
- Roger Shirt: Co-Founder & CTO of Crux OCM. Contact Info: 1 email address
- Vicki Knott: Co-Founder & CEO of Crux OCM. Contact Info: 1 email address
View details of Crux OCM's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI-based software solution to optimize pipeline transmission activities for the oil and gas midstream industry | $27M | 44/100 | ||
2nd | Integrated Environmental Technologies 2008, Little River (United States), Public | Manufacturer of drag reducing chemicals for transporting oil in pipelines | - | - | 40/100 |
3rd | Fluid Efficiency 2014, Pasadena (United States), Series A | Provider of technology solutions for pipeline flow enhancement | $9.37M | 39/100 | |
4th | LiquidPower 1973, Houston (United States), Acquired | Global leader providing drag reducing agents and full-service pipeline solutions | - | - | 38/100 |
5th | Fractal Systems 2006, Calgary (Canada), Funding Raised | Technology solution for the processing or upgrading of heavy-oil and bitumen. | - | 33/100 | |
6th | Recoil Energy Systems 2014, Taylor (United States), Acquired | Provider of crude oil reclamation services | - | - | 23/100 |
7th | IRIS Tech 2021, Houston (United States), Unfunded | Developer of drag reducing agents designed for pipeline applications | - | - | 22/100 |
8th | ![]() Kappa Chem 2022, Valsad (India), Unfunded | Manufacturer of specialty chemicals and various components for petrochemical industries | - | - | 16/100 |
9th | ![]() Aquila Pipe Services 2019, Conroe (United States), Unfunded | Provider of drag reducing agents, hydraulic modeling, and injection services | - | - | 16/100 |
10th | 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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CruxOCM’s $17 Million Series A FinancingGlobal Legal Chronicle•Sep 03, 2024•Crux OCM, Gunderson Dettmer
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CruxOCM: Control Room Co-Pilot Platform Secures $17 Million (Series A)Pulse 2.0•Aug 22, 2024•Crux OCM, M12, Oneok, Raven Indigenous Capital Partners and 8 others
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CruxOCM announces closing of US$17 million Series A funding roundWorld Pipelines•Aug 14, 2024•Crux OCM, Raven Indigenous Capital Partners, M12, Oneok and 8 others
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CruxOCM Raises $9M in Total Venture FinancingFinSMEs•Sep 15, 2021•Crux OCM, Angular Ventures, Root Ventures, Bullpen Capital and 3 others
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