About Trendspek
Trendspek is a company based in Sydney (Australia) founded in 2018.. Trendspek has raised $5.04 million across 2 funding rounds from investors including Taronga Group, Firemark Collective and Sydney Angels. Trendspek offers products and services including Trendspek Platform. Trendspek operates in a competitive market with competitors including Procore, Nemetschek Group, Hover, Viewpoint and Seeq, among others.
- Headquarter Sydney, Australia
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Sectors
TechnologyReal Estate & Construction Aerospace, Defense & Maritime
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Email
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Phone
*********
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Website
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Social
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- Legal Name Trendspek Pty Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.04 M (USD)
in 2 rounds
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Latest Funding Round
$4.27 M (USD), Series A
Dec 06, 2022
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Investors
Taronga Group
& 2 more
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Employee Count
Employee Count
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Products & Services of Trendspek
Trendspek offers a comprehensive portfolio of products and services, including Trendspek Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for digital inspections, analysis, and maintenance of built assets.
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Funding Insights of Trendspek
Trendspek has successfully raised a total of $5.04M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.27 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $4.3M
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First Round
First Round
(01 Jun 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series A - Trendspek | Valuation | Taronga Ventures | |
| Jun, 2020 | Amount | Seed - Trendspek | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Trendspek
Trendspek has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Taronga Group, Firemark Collective and Sydney Angels. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Taronga Group is engaged in technology and real asset investments.
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Founded Year | Domain | Location | |
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Angel investing in Australian startups is supported by Sydney Angels.
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Founded Year | Domain | Location | |
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Provides comprehensive solutions for multiple insurance services to meet diverse client needs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Trendspek
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Trendspek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Trendspek Comparisons
Competitors of Trendspek
Trendspek operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Procore, Nemetschek Group, Hover, Viewpoint and Seeq, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
SaaS project management software is provided for construction professionals.
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| domain | founded_year | HQ Location |
Provider of management solutions for the construction sector
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| domain | founded_year | HQ Location |
Hover is recognized for providing construction and renovation software solutions.
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| domain | founded_year | HQ Location |
SaaS-based project management solutions are delivered for construction.
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| domain | founded_year | HQ Location |
Industrial process data is analyzed through advanced analytics solutions.
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| domain | founded_year | HQ Location |
Real-time community-edited maps for drone navigation are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Trendspek
When was Trendspek founded?
Trendspek was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Trendspek located?
Trendspek is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Trendspek?
Derek Feebrey is the current CEO of Trendspek.
Is Trendspek a funded company?
Trendspek is a funded company, having raised a total of $5.04M across 2 funding rounds to date. The company's 1st funding round was a Seed of $771.4K, raised on Jun 01, 2020.
What does Trendspek do?
Trendspek was founded in 2018 in Sydney, Australia, within the software sector focused on infrastructure and asset management. 3D structural lifecycle management tools are offered to facilitate digital twins for built assets. Digital workflow solutions are provided for inspection, reporting, maintenance planning, and condition monitoring. Detailed 3D models up to 1mm accuracy are generated, enabling virtual assessments of infrastructure and assets.
Who are the top competitors of Trendspek?
Trendspek's top competitors include Procore, Hover and Nemetschek Group.
What products or services does Trendspek offer?
Trendspek offers Trendspek Platform.
Who are Trendspek's investors?
Trendspek has 3 investors. Key investors include Taronga Group, Firemark Collective, and Sydney Angels.