Scope, a London-based AI workflow platform transforming inspections for the TIC (testing, inspection, certification) industry, has raised €17.2 million ($20 million) in funding to grow its London-based team and accelerate adoption among leading inspection companies globally.
The round was led by Index Ventures with participation from Susa Ventures, Entrepreneurs First and Syndicate 1. Notable angels include Mehdi Ghissassi (Ai71, ex-DeepMind), Cedric Pech (MongoDB), Naren Shaam (Omio) and Andy Szybalski (Microsoft AI).
Jonathan Low, Scope CEO, said, “The TIC industry doesn’t need AI that replaces people; it needs to empower experts to work faster and smarter. Scope gives inspectors the context, workflows and reporting support they need to spend more time in the field and less time chained to desks.”
Founded in 2024 by Low and Jakob Cassiman (CTO), Scope is an AI workflow platform for the heavy asset inspection industry. The company claims to help inspection teams capture findings in the field, access relevant context, automate admin and generate reports in minutes.
The company emphasises that inspections are vital for maintaining the operation of critical industries and the global economy. They help ensure safety, collect industrial performance data, and support asset maintenance. Without inspections, industries ranging from aerospace to energy could come to a halt.
However, Scope opines that the inspection process is still highly inefficient, as inspectors in the field often rely on pen, paper, and clipboards. Reports are generated using outdated software, which means that a four-hour on-site inspection can require up to ten days of data analysis and report writing.
Scope claims that its AI-powered workflows are transforming the way industrial inspections are carried out, recorded, and reported, introducing greater efficiency, unlocking new scale, and freeing inspectors to spend more time in the field making expert judgements.
With Scope, inspections are recorded using live audio, video, or notes, regardless of conditions, and relevant historical context can be quickly retrieved. Scope then autofills forms, organises data, and automatically generates reports based on inspection findings. As a result, the time spent producing reports is reduced by 10x, and error rates are cut by 95%.
According to Scope, the TIC industry is facing major staffing challenges. It notes that certified roles take up to ten years to qualify for, and it takes an average of 10 months to fill a lost role in the industry. The company warns that the problem is only set to worsen, with 40% of key technicians expected to retire in the next 5-10 years.
Scope says that it is tackling this challenge by both increasing the capacity of existing inspectors and enabling new inspectors to get up to speed faster. Inspectors can enter any site and be guided by agent-generated workflows, and have standardised industrial context and historical data available at the tap of a screen.
Stephane Kurgan, Partner at Index Ventures, said, “Jonny knows the intricacies of the TIC industry inside out. He is spending an incredible amount of time in the field to understand inspection problems in a granular way, and feeds them back to the product team. It has allowed Scope to drive massive value to their AI inspection customers, and a 100% pilot conversion rate is a testament to this hard work.”
The funding follows significant growth for Scope, which has achieved a 9x increase in ARR since its launch in July last year and maintains a 100% pilot conversion rate. Inspectors from 6 of the top 10 global inspection companies are already utilising the platform, says the company.
Scope’s long-term vision is to turn every inspection into a data point in a live, queryable database of physical infrastructure, training and building models to encapsulate the world’s knowledge. As that model grows, inspection teams shift from producing point-in-time reports to providing operators with continuous insight, predicting asset health, identifying failure risks earlier, and increasing the strategic value of every inspection they perform.
Low added, “Heavy industrial assets are too critical to manage reactively. Our vision is to make physical asset information as accessible and actionable as digital information – so every site knows which assets are at risk, why, and can automatically trigger the actions needed to prevent downtime.”
