Controlrooms.Ai Raises $10M For Industrial Manufacturing Troubleshooting Platform
Aug 29, 2023•almost 2 years ago
Amount Raised
$10 Million
Description
Industrial manufacturers face, on average, about 800 hours of unplanned downtime every year, or more than 15 hours per week, according to a recent report. The cost of unexpected troubleshooting, estimated at $50 billion yearly, results in lower productivity and lost revenue. Most companies are still manually troubleshooting, but ControlRooms.ai. an Austin, Texas-based startup, wants to change that.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech