Trendspek Raises A$6M Series B Led by OIF Ventures

Trendspek Secures A$6M Series B

Trendspek, a Sydney-based software company, has raised A$6 million in Series B funding. The round was led by OIF Ventures, which was the sole investor. The funding date is September 29, 2026.

What Trendspek Does

Founded in 2019 by former Qantas pilots Derek Feebrey, Fiona Church, and Mitch Deam, Trendspek provides a 3D Structural Lifecycle Management platform. The platform transforms drone, robotics, and handheld inspection data into detailed digital condition records of critical infrastructure such as ports, energy facilities, and telecommunications networks. Engineers can annotate, measure, and track these digital records over time.

More than 860 organizations use Trendspek's platform to access over 1,700 sites digitally. Notable customers include Chevron, Woodside Energy, NSW Ports, Grain LNG, Vocus, and Suncor Energy.

The Series B Round

• Round type: Series B
• Amount raised: A$6 million
• Lead investor: OIF Ventures
• Investors: OIF Ventures
• Funding date: September 29, 2026

OIF Ventures led the round as the only disclosed investor. The Series B follows previous funding stages, though details of earlier rounds were not provided.

Why This Matters for Acquirers

Trendspek operates at the intersection of infrastructure asset management and advanced inspection technologies. Its platform creates a digital twin-like record of critical infrastructure, enabling engineers to monitor condition and plan maintenance. This is particularly valuable for industries like energy, ports, and telecommunications, where asset integrity is paramount and downtime is costly.

The company's customer list includes major energy companies and port operators, demonstrating traction in demanding industrial environments. With over 860 organizations and 1,700 sites digitized, Trendspek has achieved meaningful scale. For acquirers in the industrial software, asset management, or inspection technology spaces, Trendspek offers a differentiated platform with a strong customer base.

Market Context

Critical infrastructure operators are increasingly adopting digital tools to improve safety, reduce costs, and extend asset life. Drone and robotics inspections generate vast amounts of data, but turning that data into actionable insights remains a challenge. Trendspek's 3D Structural Lifecycle Management platform addresses this by providing a centralized, visual record that engineers can use to track changes over time. The company's focus on ports, energy, and telecom aligns with sectors that have high-value assets and regulatory pressure to maintain them.

Use of Funds

The company has not specified how the proceeds will be used. However, a Series B typically funds expansion of sales and marketing, product development, and operational scaling. Trendspek may look to deepen its presence in existing markets and potentially expand into new geographies or verticals.

Outlook

With a fresh capital infusion and a blue-chip customer roster, Trendspek is well-positioned to grow its footprint in the infrastructure inspection software market. The involvement of OIF Ventures signals continued investor confidence in the company's ability to scale. For strategic buyers, Trendspek represents a potential acquisition target in the industrial software space, offering a platform that could complement existing asset management or inspection offerings.