PROBLEM Owning and operating out-of-warranty commercial equipment is fraught with challenges: unexpected costs, unoptimized maintenance paid hourly, and frequent equipment breakdowns are all risks to the owner. SOLUTION Scription is powering the new way to protect commercial equipment with a personalized subscription warranty: equipment owners pay a fixed-monthly fee that bundles together all costs to maintain the equipment. With these subscription plans, equipment uptime is now the goal for both the equipment owner and the Service Partner. PRODUCT AND TRACTION We offer the platform to streamline maintenance delivery and enable personalized subscription warranties The platform -> Used by the maintenance companies to streamline equipment repair (B2B SaaS) -> $5.5k USD MRR (set to grow to $20k MRR by end of year) -> Currently monitors $500M worth of equipment from 30,000 commercial locations such as McDonald's, Subway, Chipotle, and 800+ other brands The warranties -> Sold by the maintenance companies to their equipment clients (Scription takes a 15% commission) -> $100k+ USD MRR in pilots starting in fall 2022 -> Pilots with McDonalds, Burger King, Casey's
Location: Canada, Alberta, Edmonton
Total raised: $10.3M
Investors 3
| Date | Name | Website |
| 27.06.2025 | Cameron Ve... | cameron.vc |
| 21.04.2023 | Plug and P... | plugandpla... |
| - | Connetic V... | conneticve... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 18.05.2025 | Seed | $7.8M | - |
| 16.10.2023 | - | $2.5M | - |
Mentions in press and media 7
| Date | Title | Description |
| 20.05.2025 | Scription: A New Era in Foodservice Equipment Maintenance | In the bustling world of foodservice, where every second counts, a quiet revolution is underway. Scription Maintenance, a technology startup based in Calgary, Alberta, is reshaping how restaurants manage their equipment. The company recentl... |
| 18.05.2025 | Scription: $7.8 Million Seed Round Raised For Advancing Commercial Foodservice Industry | Scription Maintenance, a technology startup in the commercial foodservice industry, has been transforming equipment maintenance from hourly rates into a subscription model. Their Scription360 program eliminates financial risk for restaurant... |
| 13.05.2025 | Scription Raises $7.8M in Seed Funding | Scription Maintenance, a Calgary, Alberta, Canada-based commercial foodservice industry technology startup, raised $7.8M in Seed funding. The round was led by IA Capital and further participation from Markd. The company intends to use the f... |
| 16.10.2023 | Scription: Commercial Maintenance Company Closes $2.5 Million In Funding | Scription – a dynamic player in commercial maintenance – recently announced it closed $2.5 million in funding. This significant funding round marks a pivotal moment in addressing a critical challenge within the industry: the prevalence of e... |
| 11.10.2023 | Scription Raises $2.5M in Funding | Scription, an Edmonton, Canada-based commercial maintenance startup, raised $2.5M in funding. The round was led by Markd. Greenlight Re has also partnered with and was an investor in Scription, along with funds such as Connetic Ventures, Si... |
| 10.10.2023 | Scription raises $2.5 million | Scription, Scription Founded: 2020 Headquarters: Edmonton, Canada Total Funding: $2.5M See full company profile "> a Canadian startup enabling companies to offer and manage maintenance plans, announced the closing of $2.5 million in... |
| 10.10.2023 | Scription raises $2.5 million | Scription, Scription Founded: 2020 Headquarters: Edmonton, Alberta, Canada Total Funding: $2.5M See full company profile "> a Canadian startup enabling companies to offer and manage maintenance plans, announced the closing of $2.5 m... |