Exact digital models of buildings and infrastructure - so engineers can inspect, measure and monitor a structure from their desk, not a rope.
For decades, checking whether a building's facade or a port crane was safe meant sending a person up on a rope with a clipboard and a camera. The result was a PDF - a photo, a note, a date - that died in a folder until something cracked. Trendspek was built to end that pattern.
The Sydney company builds exact three-dimensional models of real structures from drone and reality-capture imagery, accurate enough to measure to the millimetre. Around that model sits a Structural Lifecycle Management System (SLMS): a single, living record where inspections, defect classifications, remediation plans and change-monitoring all live together and stay searchable. The pitch is deliberately unglamorous - decisions made on truth, not assumptions.
That framing is not marketing gloss. It comes from the founders' first careers. Derek Feebrey and Fiona Church flew Qantas 747s; Mitch Deam flew Virgin 737s. Aviation runs on evidence, black boxes and repeatable checklists, and the three carried that discipline first into a drone business, Hoverscape, in 2013, and then into software in 2019.
Trendspek's platform, Precision Asset Intelligence, is modular. Each stage feeds the next, so an inspection is never a dead end - it becomes the input to a plan, and the baseline for monitoring change over time.
3D capture with consistent templates, digital markups and annotations - so results are repeatable across different contractors.
Structured, searchable asset records holding findings, decisions and full history in one place.
Standardised defect classification, prioritisation and customisable interactive reporting for stakeholders anywhere.
Scopes remediation and capital works planning directly from inspection evidence, not guesswork.
Change detection and trend analysis over time, tracking deterioration across an entire portfolio.
AI-supported defect detection and change flagging across 3D asset twins - prediction over discovery.
The problem Trendspek attacks is fragmentation. Inspection evidence is scattered across PDFs, spreadsheets and inboxes, and it goes stale the moment it's filed. When an asset owner has to decide what to fix first - and prove why - the trail often isn't there.
By keeping a measurable 3D record with traceable history, the platform lets teams justify capital decisions with evidence rather than a gut call. The company cites a 69% reduction in preventable risk exposure versus traditional methods, an approximate figure worth reading as a directional claim rather than a lab result.
*Company-reported figure, approximate.
Trendspek's customers are asset owners, engineering firms and contractors across four broad sectors: buildings and property, higher education, ports and maritime, and oil and gas. The common thread is a large, high-value stock of physical assets that must be inspected, defended and maintained on a schedule.
Trendspek is a B2B SaaS business. Enterprises license the cloud platform - with private-cloud hosting, single sign-on and enterprise security options - typically starting with a pilot that launches within four to six weeks and expanding to portfolio-wide deployment.
It sits in the reality-capture and digital-twin corner of proptech, competing less with any single rival than with the status quo of rope access and PDF reporting. Adjacent names include Pix4D, Bentley's iTwin, DroneDeploy and Cintoo. The edge Trendspek leans on is credibility: its buyers inspect structures for a living, and the founders spent years doing exactly that before writing the software.
Security posture
Backers
The future founders launch one of Australia's first commercial drone inspection businesses.
The team builds Precision Asset Intelligence to close the workflow gaps in structural asset management.
Planning, remediation and monitoring modules extend the platform beyond one-off inspections.
Taronga Ventures leads the round with support from IAG's Firemark Ventures.
Trendspek reframes as a Structural Lifecycle Management System and adds AI defect detection.
The founding trio - Derek Feebrey (CEO), Fiona Church (COO) and Mitch Deam (CCO) - still frame the company in aviation terms: close loops without loose ends, improve through evidence-based testing, and hold the standard under pressure.