# Scription

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

- Industry: Business Support Services
- Headquarters: Edmonton, Canada
- Website: www.scription.ai
- Total disclosed funding: $7.8M
- Latest round: Seed (Jan 2, 2025)
- Investors on record: 8

## About

Scription, based in Edmonton, Canada, delivers innovative subscription-based maintenance solutions, primarily for the food service industry, enhancing operational efficiency through real-time service event visibility and efficient scheduling.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. Scription has secured USD 7.8 million in funding through a SEED round led by IA Capital Group, with participation from multiple investors, raising the total amount raised to USD 7.8 million. The company's operational headquarters is located in Edmonton, Canada.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. Their services are primarily marketed across North America, supporting diverse sectors reliant on kitchen, HVAC, refrigeration, and other essential systems.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. The company’s core offerings also facilitate management and warranty administration, enhancing their value proposition in the maintenance service market.In January 2025, Scription raised USD 7.8 million in Seed funding, led by IA Capital Group, to enhance its future growth initiatives. The funding will support the company's expansion plans and further development of its maintenance solutions. 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.

## Funding rounds

- Seed, Jan 2, 2025, $7.8M — IA Capital Group, Alumni Ventures Group, Connetic, Trust Ventures, Angel Invest, Cameron Ventures, Startup TNT, Markd

## Investors

- IA Capital Group (https://capitalatlas.ai/funds/ia-capital-group) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Connetic (https://capitalatlas.ai/funds/connetic) — Seed
- Trust Ventures (https://capitalatlas.ai/funds/trust-ventures) — Seed
- Angel Invest — Seed
- Cameron Ventures (https://capitalatlas.ai/funds/cameron-ventures) — Seed
- Startup TNT (https://capitalatlas.ai/funds/startup-tnt) — Seed
- Markd (https://capitalatlas.ai/funds/markd) — Seed