OpsLab, an Austin, TX-based provider of smart assistants to solve operational planning, tracking and recovery problems at scale, raised $5M in Seed funding.
The round was led by Cultivation Capital and joined by Storm Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by Arun Nair, Founder and CEO, OpsLab provides solutions that, built with operations research and machine learning, tackle reactive and predictive aspects of problems like scheduling, routing and dispatch, and automate away the most complex parts of solving such problems.
For airlines, the solutions reduce overall cost of operations by automating crew scheduling and help manage air crews and ground staff operations.
For Department of Defense, the company’s solutions address pilot shortages in the U.S. Airforce by increasing the throughput of training (Air Education and Training Command) and combat readiness (Air Combat Command) programs. Its AI platform solves this problem by automating squadron schedule planning and sortie reflowing.
For road transport, its online dispatch solution matches riders to drivers, and more generally, service providers (e.g. electricians, plumbers) to service requests instantly.
FinSMEs
15/11/2023