foodservice-equipment
(4)
The $2.5 Billion Business Behind the Moment a Restaurant Oven Goes Dark
Parts Town turned the unglamorous emergency of a broken fryer, refrigerator or rooftop unit into a high-tech distribution machine. Now it is connecting the part, the repair and the data around both.
The Plate That Refuses to Leave the Restaurant
Steelite International turned a fragile object into operational equipment. Its real product is not merely a good-looking plate - it is fewer chips, cleaner service, easier replacement and a reliable canvas for a chef's work.
Scription
Scription is a Calgary- and Edmonton-born insurtech that flips the economics of equipment repair. Instead of paying technicians by the hour - who earn most when things break - restaurant and commercial operators pay Scription a fixed monthly or annual premium that bundles servicing, parts and coverage into one predictable number. Its Scription360 program and RoofIQ risk-scoring engine use historical maintenance data, predictive analytics and IoT to price insurance-backed subscriptions for individual pieces of foodservice and HVAC equipment, aligning everyone's incentives around uptime rather than downtime.
Gerritt Graham
Gerritt Graham is the CEO of Scription, a Calgary-based startup turning unpredictable foodservice equipment repairs into a fixed monthly subscription. A 20-year sales and marketing leader from the insurance and fintech world, he led Corvus Insurance's commercial market past $100M in premium before it was acquired by Travelers, then ran growth strategy at wearable-tech insurer Kinetic. He joined Scription as CEO in May 2025 alongside a $7.85M seed round, betting that aligning service incentives around equipment uptime - not breakdowns - can reshape how restaurants manage their kitchens.