Imubit

In 2016, three machine learning and mathematics experts recognized a critical gap in industrial operations: refineries and chemical plants were leaving millions of dollars on the table due to fragmented decision-making and siloed optimization efforts. While each team within these complex facilities worked to improve their respective areas, no solution existed to coordinate these efforts across roles, units, and constraints. This insight led to the founding of Imubit - a company built to close the loop between data-driven AI and real-world industrial process control.

Imubit has since emerged as the industry leading Closed Loop AI Optimization platform for heavy process industries, deploying its technology at over 90 sites worldwide and trusted by top U.S. refiners including Chevron, Marathon, Citgo, and HF Sinclair. The company's Optimizing Brain™ Solution leverages advanced reinforcement learning and neural network technology to understand a plant's most complex process relationships and identify the most optimal operating strategy in any scenario. By integrating directly with existing process controls infrastructure, Imubit ensures that no optimization value goes uncaptured - delivering results like $0.25 per barrel margin improvement and 15-30% reduction in natural gas usage.