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Scription

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Enables maintenance companies to offer personalized warranties to equipment operators based on individual equipment performance

Edmonton, CanadaFounded 2022Fintech
Valuation $25–50M Last recorded · 2025
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Scription

Scription.ai specializes in predictive maintenance solutions, utilizing advanced AI and machine learning algorithms to maximize equipment uptime and optimize operational efficiency. The company serves industrial clients who rely on heavy machinery and equipment, operating primarily in the manufacturing, energy, and transportation sectors. Scription.ai's business model revolves around providing software as a service (SaaS) that integrates seamlessly with clients' existing systems to monitor and analyze equipment performance in real-time. The company generates revenue through subscription fees, offering various pricing tiers based on the scale and complexity of the client's needs. By employing state-of-the-art technologies such as LSTMs (Long Short-Term Memory networks) and attention mechanisms, Scription.ai delivers actionable insights that help clients reduce downtime and maintenance costs. The company is currently in a growth phase, actively fundraising to expand its capabilities and market reach.

Source: Dealroom company data

At a glance

Founded
2022
Headquarters
Edmonton, Canada
Sector
Fintech

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed8 investors entered at this stage

  • Startup TNT
  • Markd
  • Hustle Fund
  • ANK Partners
  • Connetic Ventures
  • Greenlight Reinsurance
  • Side Door Ventures
  • IA Capital Group
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇨🇦 Canada72.2%
🇺🇸 United States27.8%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Scription on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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