A business management platform purpose-built for mid-market mining and engineering services companies has raised $3.5 million in a Seed round led by Sydney VC EVP.
The funding for SprintSuite is for expansion across Australia’s mining industry and international markets such as North America, as the company capitalises on the accelerating digital transformation in the mining services sector
SprintSuite is used to deliver complex, multi-million-dollar projects on critical infrastructure assets by around 80 mining and engineering service companies doing asset maintenance, repair and fabrication work for clients such as Rio Tinto, Woodside Energy and BHP.
Founder and CEO Fredy Galindo Jr. said SprintSuite addresses the complex operational challenges facing service providers, who relied on manual spreadsheets and generic software solutions that don’t suit their industry-specific requirements.
“The mining sector speaks its own language,” he said.
“When we talk to potential customers, we don’t need to learn their terminology or understand their challenges – we’ve lived them. That builds trust and earns us a foot in the door.”
SprintSuite can deal with a range of issues from managing complex logistics to FIFO workforce and subcontractor scheduling, and strict compliance requirements for health and safety.
Galindo said revenue has doubled over the last 12 months thanks to word-of-mouth organic growth and SprintSuite has captured just a small fraction of its serviceable market, with Australia home to around 2,600+ relevant businesses in Australia alongside more than 32,000 businesses in markets such as North America, Europe, APAC South America,
“We’re just at the beginning of the digitisation journey for many of these companies,” he said.
“As they become more comfortable with technology, we see opportunities to introduce them to our advanced capabilities like AI scheduling, predictive maintenance, and deeper financial integrations.”
EVP investment principal Allen Zhu said SprintSuite is an example of an innovative, fast-moving group of technology builders who have the magic combination of also being industry experts.
“Fredy’s industry expertise is a superpower – customers trust SprintSuite because the team truly understands their challenges, having been operators themselves” he said.
“This insider advantage drives both their impressive growth efficiency and the organic referrals that fuel their expansion. It’s exactly the kind of founder-market fit we look for.”
Daily startup news and insights, delivered to your inbox.