Scription

Business Support ServicesSeedEdmonton, Canadascription.ai

Latest round

Seed

Last raised

Jan 2025

Total raised

$7.8M

Investors

8

About Scription

Founded in 2020, Scription operates as a focused provider of maintenance solutions within the food service sector. The company has undergone strategic developments to refine its service offerings. The founder, Antoine Viscardi, has a strong entrepreneurial background, contributing to the company’s vision.8 million.Scription specializes in offering subscription-based maintenance plans aimed at enhancing operational efficiency, particularly for businesses in the food service sector. Their main product includes a comprehensive maintenance program designed to minimize downtime through real-time service event visibility and efficient scheduling. This program integrates seamlessly with service and channel partners to provide up-to-date service data, which fosters collaboration and improves service delivery. Scription caters to a wide range of clients, including high-performing maintenance companies and franchisees of major brands like McDonald's, leveraging advanced digital tools to ensure high-quality first-time repairs.Scription generates revenue through structured subscription models that offer partner organizations fixed-fee repair and maintenance services. Clients subscribe for these services on a recurring basis, stabilizing their maintenance expenditures while gaining access to a network of over 3,700 vetted technicians. The revenue structure emphasizes partnerships with businesses needing preventive maintenance, providing programs that include profit-sharing incentives based on equipment uptime. These partnerships encourage long-term relationships, allowing clients to concentrate on operational improvements while reducing costs associated with equipment breakdowns. Scription aims to launch new products that are currently in the design stage, with anticipated release dates to be determined. Additionally, the company plans to expand into new geographic markets, specifically targeting regions across North America to broaden its client base and service offerings.

Who invested in Scription

8 investors across 1 round

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Funding rounds

  1. Seed

    Jan 2, 2025

    Amount

    $7.8M

    Investors

    Locked

Questions about Scription

Who invested in Scription?

Scription has 8 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Scription raised?

Scription has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Scription last raise money?

Scription's most recent round on record is a Seed, in Jan 2025.

What does Scription do?

Founded in 2020, Scription operates as a focused provider of maintenance solutions within the food service sector.

Where is Scription headquartered?

Scription is headquartered in Edmonton, Canada.

Which VCs invest in companies like Scription?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back business support services companies at Scription's stage. Their profiles are linked below.

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