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Scription logo — Subscription maintenance plans for commercial and industrial...

Scription

Subscription maintenance plans for commercial and industrial equipment

Founded 2020 Canada Edmonton, Canada 21 employees Pre Seed Total: $3.40M Enterprise Software, Insurtech

General Information

Company Name Scription
Founded Year 2020
Location Canada Edmonton, Canada +4
Employees 21
Industries Enterprise Software, Insurtech
Funding Stage Pre Seed
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About Scription

Scription is a Canadian startup founded in 2020, specializing in subscription maintenance plans for commercial and industrial equipment. Their slogan, "Subscription maintenance plans for commercial and industrial equipment," reflects their core offering. Scription provides an all-encompassing solution for pricing, selling, and managing subscription maintenance plans. Their unique approach not only aligns incentives for equipment repair and maintenance stakeholders but also leverages technology to empower service providers and offer customized, hassle-free, and stable monthly fixed-price coverage for equipment assets. In October 10, 2023, Scription secured a significant $3.40M Pre Seed Round investment from prominent investors including Connetic Ventures, Hustle Fund, Sidedoor Ventures, Startup TNT, Greenlight Reinsurance, and ANK Partners Inc. This injection of capital is poised to bolster Scription's trajectory and further establish its presence within the Enterprise Software and Insurtech industries.

Taxonomy: Subscription Maintenance Plans, Commercial Equipment, Industrial Equipment, Equipment Repair, Field Service, Predictive Maintenance, Recurring Revenue, Warranty, Technical Service, Preventative Maintenance, Servitization, Commercial Franchise, Equipment Uptime, Reactive Service

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round •••••• 7
Investor Investor Investor Investor Investor
•••• •••• 		10 Oct 2023
Pre Seed Round •••••• 1
Investor
11 Oct 2022
Pre Seed Round •••••• - 11 Jul 2022

Scription Alternatives & Competitors

Scription vs
Joe Warren & Sons Co., Inc.
Joe Warren & Sons Co., Inc. United States

Providing best-in-class, emergency service, installation, maintenance and sales to your commercial k...

41 employees
Scription vs
Swan Associates, Inc.
Swan Associates, Inc. United States

Our mission is to remain the top commercial HVAC supplier in CT & Western MA, offering unmatched ser...

25 employees
Construction
Scription vs
RELAM, Inc.
RELAM, Inc. United States

HIGHLY DEPENDABLE, MOW EQUIPMENT, WHEN YOU NEED IT

Debt Financing
41 employees
Financial Services, Real Estate
Compare Scription vs RELAM, Inc.

FAQ About Scription

Subscription maintenance plans for commercial and industrial equipment
Scription was founded in 2020.
Scription is headquartered in Edmonton, Canada.
Scription operates in the following industries: Enterprise Software, Insurtech.
Scription has approximately 21 employees.
Scription has completed 3 funding rounds, raising a total of $3.40M. The latest funding stage is Pre Seed.
Top alternatives and competitors to Scription include Joe Warren & Sons Co., Inc., Swan Associates, Inc., RELAM, Inc., TWC Services, Inc., Doug's Heating & Air Conditioning. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Scription and Joe Warren & Sons Co., Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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