About oPRO.ai

oPRO.ai is a leading provider of Deep Learning Optimization for Process and Responsible Operations for the O&G, petrochemical, chemicals, and metals industries. We help our customers drive millions of incremental operational dollars by optimizing production.

Tagged with

Artificial IntelligenceSoftware-as-a-Service (SaaS)EnterpriseOil & Gas

Team

Rob Christenson

Founder

Problem statement

oPRO.ai Optimum leverages time-series prediction and optimization machine learning techniques to enable complex manufacturing operations to achieve higher optima — higher yields, lower energy use, reduced emissions, safer and stabilized operations.

Traction information

Multiple projects with Fortune 50 Refiner
$3.4M in backlog as of May 2024
Sustainable revenue growth - 2022 ($250K) to 2023 ($650K) to $1.7M in 2024 projected
Raised more than $4M in Seed/Series A Funding

Milestones

March 2024

oPRO.ai Presents at American Fuels and Petroleum Manufacturers Conference

Due to our work at our Fortune 50 customer, we were asked to present our capabilities to experts in our field with over 100 attendees. See the event below.

https://www.afpm.org/events/4621c700000005?utm_source=Safety+-+AFPM+Safety+Source+Newsletter&utm_campaign=d23cb5605a-EMAIL_CAMPAIGN_2021_11_08_03_02_COPY_01&utm_medium=email&utm_term=0_9075699f6b-d23cb5605a-531407915

December 2023

oPRO.ai secures first add on project from Fortune 50 customer

oPRO.ai added to our backlog with the first add on project from our Fortune 50 customer

September 2023

oPRO.ai recognizes first recurring software revenue

oPRO.ai had recurring revenue for our first project implementation for our Fortune 50 customer.

March 2023

oPRO.ai hires Experienced Advanced Process Control Expert to Lead Product Development

oPRO.ai hired Tim Spinner, formerly of Marathon Petroleum to lead product development

December 2022

oPRO.ai Raises Series A Round of Funding

oPRO.ai Closed our Series A Round of Funding, see press release below:

https://www.einpresswire.com/article/611886027/opro-ai-raises-series-a-investment-to-accelerate-the-adoption-of-ai-powered-process-control-automation

July 2022

First Application Completed - Realized $250K in ARR

oPRO.ai completed implementation of our first application for our Fortune 50 customer.

May 2022

oPRO.ai Named Most Innovative Company at Rice Venture Forum

oPRO.ai was one of 4 companies named as a most innovative company at the Rice Venture Forum which had more than 100 companies attend.

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Funding

Currently raising capital

committed

$500,000

round goal

Total raised to date:$4,150,000