Lone Star Analysis, a provider of predictive and prescriptive analytics, and guided artificial intelligence solutions, has secured a new round of investment from HCAP Partners.
“We were pleased HCAP chose to exercise their full purchase option,” says Steve Roemerman, chairman and CEO, Lone Star Analysis. “Since the initial HCAP investment in 2019, we have built a solid working relationship, and the company has roughly doubled in size. We’ve demonstrated our ability to grow and with this new financial strength, we have even more opportunities.”
Principal Nicolas Lopez led the transaction for HCAP Partners along with Managing Partner Tim Bubnack. HCAP’s funding will be utilised for strategic growth initiatives as well as research and development for the buildout of new enterprise software.
Established in 2006 and led by Roemerman, Lone Star provides decision analysis and advanced analytics software for a diversified customer base of Fortune 500 clients in transportation and logistics, energy, aerospace and defence, and other industrial markets.
The company’s TruNavigator and AnalyticsOS no-code authoring platforms, and the TruPredict, TruSolve, MaxUp and OptUp software allow clients to improve operational performance through data analytics. With an IP portfolio of over 70 owned or shared patents, Lone Star provides clients with solutions to turn their data into actionable steps to obtain performance optimisation.
