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.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2015