OpsLab recently announced the company closed a seed fundraising round totaling $5 million, led by Cultivation Capital and joined by Storm Ventures. Completing this funding round during economic uncertainty proved the strength of the company’s fundamentals and OpsLab’s market opportunity.
The company offers smart assistants to solve operational planning, tracking, and recovery problems at scale. Our solutions, 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. And these solutions are not hypothetical: They’re proven.
OpsLab is supporting the U.S. Department of Defense through seven SBIR Phase III contracts with the U.S. Air Force (USAF) actively. And as a result, OpsLab smart assistants are currently deployed across multiple squadrons, helping the USAF manage pilot hours and fleet assets, and increase combat readiness. Plus, OpsLab solutions are in active implementation across numerous USAF installations, including Luke Air Force Base, Davis-Monthan Air Force Base, Minot Air Force Base, and Aviano Air Force Base.
KEY QUOTES:
“As entrepreneurs, it’s impossible to turn your vision into reality without the support of smart, savvy investors. OpsLab is incredibly fortunate to have the support of our partners at Cultivation Capital. With this seed round, OpsLab will continue to solve tough operational problems for our customers – from helping the Department of Defense address the pilot shortage to increasing combat mission readiness across the U.S. Air Force – while also scaling and growing our suite of products and solutions. We could not be more excited about the future work that this funding will enable and support.”
— Arun Nair, Founder and CEO at OpsLab
“Air logistics and flight scheduling has been a challenging issue for decades, and OpsLab has demonstrated remarkable perseverance with their platform designed to manage mission-critical resources efficiently. Starting with their champion customers in the U.S. Air Force, OpsLab’s impact on vital industries such as defense and transportation is notable. Cultivation Capital and Storm Ventures are excited to support OpsLab’s ongoing success and effectiveness.”
— Brian Matthews, Cofounder and General Partner at Cultivation Capital
