Dominic Toselli

Co-Founder & CEO - PetroPredict

Recently announced as one of Maclean's 2014 Canada's Future Leaders under 25, Dominic Toselli is the Co-Founder and CEO of PetroPredict, a firm that builds advanced data analytic technology for early life detection of integrity issues in oil fields before having to run workovers, well logs, or other physical tests on wells. Advanced data analytic techniques are the powerful backbone of modern technology companies decision-making. It allows for the processing of larger quantities of data, better data informed decision-making, and focusing on solutions that provide the greatest reward per capital expenditure. PetroPredict is applying similar techniques that aim to solve and optimize petroleum problems on the production side. Working together with a partner, Toselli pitched the six-month old start-up and garnered several awards, including $25,000 from VeloCity, the business incubator hosted by the University of Waterloo. The innovator holds a patent with Apple Inc. for a photographic mechanism device, and spearheaded research for RCA at Shell for a direct savings of over $1 million.