# OpsCruise

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/opscruise

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.opscruise.com
- Total disclosed funding: $5.3M
- Latest round: Seed (Feb 24, 2021)
- Investors on record: 6

## About

Based in the US, OpsCruise, Inc. operates as a provider of innovative software solutions aimed at enhancing operational efficiency across various industries, focusing on data management and automation.OpsCruise, Inc. was founded in 2018 in Santa Clara, US. The company specializes in developing software solutions that optimize operational processes, focusing on mid to large-sized enterprises. The founders, Aloke Guha, Scott Fulton, and Shridhar Venkatraman, have a history of driving technological advancements. As of June 15, 2023, the company was acquired by Virtual Instruments Corporation, with the financial terms not disclosed. Prior to this acquisition, OpsCruise, Inc. raised a total of USD 5.00 mn, completing a Seed round led by The Fabric, with additional investors including Band of Angels, First Rays Venture Partners, Impact Ventures, and Tie Silicon Valley.OpsCruise, Inc. specializes in providing innovative technological solutions tailored to improve operational efficiency across various industries. Their core offerings include advanced software platforms that facilitate data management, analytics, and automation, designed to address specific pain points such as workflow optimization and real-time decision-making. Targeted end users include mid to large-sized enterprises seeking to enhance their productivity and streamline processes. The company's products have seen successful implementation in sectors such as healthcare, finance, and manufacturing, with a presence in key geographical markets including North America, Europe, and parts of Asia. The primary clientele comprises industry leaders and forward-thinking organizations that harness these solutions to drive growth and competitive advantage.OpsCruise, Inc. generates revenue through a combination of subscription-based models and direct sales of its flagship software products. Clients typically engage in annual or multi-year contracts, which provide access to ongoing software updates, technical support, and additional services. Revenue streams are bolstered by partnerships with various systems integrators and solution providers that facilitate product adoption across extensive client networks. Pricing structures are designed to accommodate different service tiers, allowing clients to select packages that align with their specific operational needs and budget constraints. This model enhances customer retention and fosters long-term relationships contributing to stable financial performance.Following the acquisition by Virtual Instruments Corporation in June 2023, OpsCruise, Inc. plans to enhance its product offerings under the Virtana brand. Future growth will focus on developing new software products to continue optimizing operational efficiency for clients. The company aims to expand into new markets and geographic regions, targeting growth in Asia and Europe by the end of 2024. Recent funding will be utilized to support these initiatives, ensuring the continued development of innovative solutions to meet evolving industry needs.

## Funding rounds

- Seed, Feb 24, 2021, $5M — Band of Angels, The Fabric, First Rays Venture Partners, Tie Silicon Valley, Impact Ventures
- Seed, Dec 1, 2020, $0.3M — Impact Venture Capital

## Investors

- Impact Venture Capital (https://capitalatlas.ai/funds/impact-venture-capital) — Seed
- Band of Angels (https://capitalatlas.ai/funds/band-of-angels) — Seed
- The Fabric (https://capitalatlas.ai/funds/the-fabric) — Seed
- First Rays Venture Partners (https://capitalatlas.ai/funds/first-rays-venture-partners) — Seed
- Tie Silicon Valley (https://capitalatlas.ai/funds/tie-silicon-valley) — Seed
- Impact Ventures — Seed