Scription Raises $7.8M in Seed Funding

▤ Summary

The round was led by IA Capital and further participation from Markd. The company intends to use the funds to expand operations and its development efforts. Founded in 2020 and led by CEO Gerritt Graham, Scription provides an outcome-based service platform for the foodservice industry. With customized, monthly fixed-price coverage for equipment assets, it support foodservice equipment maintenance across the board for restaurant owners and operators. By improving equipment replacement planning, removing cost uncertainty, and increasing visibility into equipment spending, restaurants lower their total cost of risk and gain control of cash flow, saving both time and money.

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