Fundraising Fox

Trendspek

Sydney, AU Β· Founded 2018 Β· 26 employees on LinkedIn Β· 4 known investors

Trendspek offers a Structural Lifecycle Management System that connects inspection evidence (including drone-captured imagery) to capital and risk decisions for owners of critical infrastructure such as buildings, plants, and ports. It serves enterprise asset owners in sectors including oil and gas, ports and maritime, universities, and civil infrastructure, with client portfolios across 45 countries.

Also known as Trendspek Pty Ltd

Founders & leadership

Trendspek was founded in 2018 by Derek, Fiona, and Mitch.

D
DerekCo-founder
F
FionaCo-founder
M
MitchCo-founder

Investors Β· 4

Also in the syndicate Β· 2

Firemark VenturesTaronga Ventureslead

Funding

SEC filings, press & company announcements

Source: company announcements and press reports β€” follow each round's link for the claim.

Company profile

researched Aug 2026

Trendspek develops a cloud platform it markets as a Structural Lifecycle Management System (SLMS), which turns field inspections of structures into a single, searchable 3D record used by asset owners, engineers, contractors and executives. The system spans inspection capture, analysis and reporting, remediation planning, and ongoing monitoring: evidence, findings, decisions and history remain attached to the asset so that condition and defect data can be compared between inspection cycles and used to prioritise capital and maintenance spend.

The platform supports customer-supplied photogrammetry, LiDAR, laser scan, BIM and thermal data, or capture through Trendspek's own network, and the company also builds 3D models on behalf of customers. Users can measure distances, areas, slopes, volumes, levels and heights on the model, apply configurable inspection and reporting templates, produce interactive 3D reports or exports to PDF, Excel and CSV, group findings into work packages for contractors, and track before/after comparisons and condition progression. Portfolio dashboards roll up risk, condition and cost trends across sites. Integrations include an API and connections to systems such as SAP and Maximo, plus GIS, CAD and point cloud exports, and customers can connect their own AI models with results visualised in 3D context.

Earlier coverage described the product as "Precision Asset Intelligence" software in the digital twin market, converting drone footage of hard-to-inspect infrastructure such as mobile towers, chimneys, warehouses and water towers into 3D digital models for inspection and deterioration tracking, with detail reported down to 1mm.

Founding story

Co-founders Derek Feebrey, Fiona Church and Mitch Deam are former commercial pilots β€” Feebrey and Church flew 747s for Qantas and Deam flew 737s for Virgin β€” who applied aviation's evidence and traceability standards to infrastructure. In 2013 they started Hoverscape, one of Australia's first drone services companies, working on inspections of bridges, buildings, ports and industrial structures. They found that although drones produced higher-resolution, fuller-coverage imagery, reports were still written the old way and imagery ended up unused on hard drives and in SharePoint folders. In 2019 they founded Trendspek to build the missing system of record, developing workflows alongside the engineers and asset owners running them.

Business model

Trendspek sells software to enterprise asset owners and their engineering and contracting partners, with published pricing plans, demo-led sales and optional services such as 3D model building and capture through a partner network. The company positions its offering around subscription access to a shared system of record rather than one-off inspection reports, and it has been described as a software-as-a-service platform.

Software platform access sold via plans, complemented by 3D modelling and capture services delivered directly or through capture partners.

Traction

The company reports active client portfolios across 45 countries, thousands of virtual site visits per month, and customers including NSW Ports, the University of Sydney, CBRE, National Grid, PGIM Real Estate and Applus+. A published NSW Ports case study cites full jetty inspections at about a third of prior cost and inspection timelines reduced from months to weeks. Trendspek states typical outcomes of roughly 67% average risk reduction across 48 preventable risks, 80% efficiency gain in inspection reporting and 59% cost reduction; its homepage cites around 69% reduction in preventable risk exposure when scopes run with SLMS controls.

Latest developments

Current company materials present the platform as a Structural Lifecycle Management System with portfolio insights dashboards, an Autodetect AI capability and support for customer-supplied AI models, integrations with systems such as SAP and Maximo, and enterprise assurance including ISO 27001, ISO 27701, ISO 9001 and SOC 2 Type II certifications with MFA, SSO and private cloud hosting options. The leadership team lists co-founders Derek Feebrey (CEO), Fiona Church (COO) and Mitch Deam (CCO), alongside heads of sales, partners and customer success.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history

Market position

Trendspek positions itself as the originator of a Structural Lifecycle Management System category, and earlier press described it as pioneering a "Precision Asset Intelligence" category within the digital twin market, a market its CEO cited as forecast to exceed US$73 billion by 2027. Its investors include a real estate technology VC and the venture arm of an insurer, reflecting positioning around real asset risk management.

The company frames its product as producing a persistent, auditable record rather than a static inspection report: evidence, decisions and remediation history stay linked to a 3D model of the asset so findings are comparable across cycles and defensible to boards, insurers and regulators. It emphasises full-coverage capture versus the limited physical access of traditional inspections, configurability to customer templates and workflows, interoperability with existing asset and maintenance systems, and enterprise security certifications.

Technology

A 3D, web-based record built from photogrammetry, LiDAR, laser scanning, BIM and thermal inputs, with geospatially anchored annotations, measurement tools (distance, area, slope, volume, level, height, cross sections, deflection/tilt), configurable templates and workflows, role and permission controls, activity logging, dashboards, API access and integrations to systems including SAP and Maximo, plus support for customer-supplied or custom AI models with findings merged and de-duplicated. Security posture includes ISO 27001, ISO 27701 and ISO 9001 certification, SOC 2 Type II certification, MFA and SSO options, and private cloud hosting options.

Go-to-market

Direct enterprise sales through booked demos and 40-minute working consultations with industry leads that map a customer's maturity stage, risk exposure and ROI, supported by case studies, guides and webinars. A partner ecosystem spans engineering and advisory firms, capture providers, and technology and robotics partners, and the company has used accelerator and VC programs (Taronga Ventures' RealTechX and IAG's 2022 Firemark Accelerator) to reach institutional asset owners.

Owners and managers of critical infrastructure and property portfolios, including oil and gas, ports and maritime, buildings and property, higher education campuses and civil infrastructure, together with the engineers, consultants, capture providers and contractors who work on those assets. Named customers and references include NSW Ports, the University of Sydney, Osprey Integrity, CBRE, National Grid, PGIM Real Estate and Applus+.

Geography

Headquartered in Sydney, Australia, with a team working across time zones. The company expanded into Europe and the UK in 2021 and the United States in 2022, and reports active client portfolios in 45+ countries.

History

Founded in 2019 out of the founders' drone services business, Trendspek launched its Precision Asset Intelligence software the same year. It raised a $1.1 million seed round led by the Sydney Angels syndicate announced in May 2020, participated in Taronga Ventures' RealTechX program in 2021 and IAG's Firemark Accelerator in 2022, expanded into Europe and the UK in 2021 and the US in 2022, and announced a $6.3 million Series A led by Taronga Ventures with Firemark Ventures in December 2022. The product has since been repositioned as a Structural Lifecycle Management System covering records, inspection, analysis and reporting, planning and remediation, and monitoring.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Countries with active usersJan 202645
Model detail resolutionDec 20221 mm
Reported cost reductionJan 202659%
Reported efficiency gain for inspection reportingJan 202680%
Reported reduction in preventable risk exposure with SLMS controlsJan 202669%
Reported reduction in risk exposureJan 202667%
Virtual site visits per monthJan 20261000's
Year foundedJan 20192,019

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 5

launches, deals, and filings
Dec 2022
Trendspek raises $6.3 million Series A

Trendspek raised a $6.3 million Series A led by real estate technology VC Taronga Ventures as a new investor, supported by IAG's venture arm Firemark Ventures. Proceeds were allocated to growing the team, accelerating product development, expanding global reach and supporting customers.

$6.3M source β†—

Jan 2022
Participation in IAG Firemark Accelerator Program

Trendspek was part of the 2022 Firemark Accelerator Program, which IAG's Firemark Ventures said helped identify how the two could work together on property infrastructure risk.

source β†—

Jan 2021
Expansion into Europe and the UK

Trendspek expanded into Europe and the UK in 2021, followed by the United States in 2022.

source β†—

Jan 2021
Participation in Taronga Ventures RealTechX program

Trendspek took part in Taronga Ventures' RealTechX innovation program prior to the Series A.

source β†—

May 2020
Sydney Angels leads $1.1 million seed round in Trendspek

Sydney Angels led a $1.1 million seed round in Trendspek's SaaS platform as part of a A$2.4 million investment announcement covering three startups. Funds were earmarked for expanding the technology development team, customer support, and partnerships in Australia, the US and Europe.

$1.1M source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Trendspek do?
Trendspek is a Sydney-based software company whose 3D Structural Lifecycle Management System links asset inspection evidence to capital decisions.
Who founded Trendspek?
Trendspek was founded by Derek, Fiona, Mitch in 2018.
Who are Trendspek's investors?
Trendspek's investors include Artesian, Sydney Angels.
Where is Trendspek headquartered?
Trendspek is headquartered in Sydney, AU.