ScanCam Industries

About

Scancam provides a cloud-based platform that detects fuel theft, flags theft events with smart sensors and algorithms, and streamlines incident identification, reporting, and management for fuel operators.

Mission

Scancam, founded in Perth by Eoin Byrne and Anthony Schmidt, offers a cloud-based solution that detects and helps manage fuel theft incidents. The product provides smart technology to identify theft events and support incident handling. The team sought $500k in early-stage investment and were able to secure the full amount through connections made at an Innovation Bay event. Scancam was a client of Innovation Bay sponsor Applabs and has engaged Deloitte via Deloitte Connect and Deloitte's R&D team to shape its R&D strategy. The lead investor who backed the round also made introductions to potential client prospects, which the founders say will support go-to-market efforts. No revenue or user metrics are disclosed in the article.

Quick Facts