Asseti, an AI-enabled infrastructure knowledge analytics platform that’s reworking how industrial property is monitored and managed, was named Scaleup of The 12 months on the Startup Daily Best in Tech Awards 2025.
The Sydney-based proptech platform took out one of many prime awards of the night time for its progressive answer for optimising constructing and facility administration.
The Scaleup of The 12 months award, sponsored by AWS Startups, recognises an all-round excellent unlisted scaleup firm that has demonstrated sturdy development on a spread of metrics, together with income, clients and employment, in addition to management in its market.
Judges selected Asseti from a stacked class together with software program supply platform Buildkite, encryption platform Everlast Networks and autonomous drone and visible mapping leaders Emesent.
Based by Aonghus Stevens, who first started promoting drones on the age of 15, Asseti makes use of enterprise-grade drones to seize and create high-resolution 2D and 3D digital replicas of business belongings and infrastructure for its purchasers to view from afar.
The platform’s AI engine analyses monumental quantities of visible knowledge, together with satellite tv for pc, drone and CCTV, to ship actionable insights to purchasers.
For corporations that handle 1000’s of belongings (together with warehouses, vegetation, distribution centres and different industrial websites), this can be a game-changer with measurable impression.
The info may help them overcome expensive, reactive upkeep and lengthen the lifetime of a constructing, stop public security hazards and optimise the uptime of worldwide knowledge centres. It additionally reduces environmental waste from avoidable repairs and rebuilds.
In Could 2024, Asseti closed a $2.5 million seed spherical led by Tidal Ventures.
The corporate has been rising at 500% year-on-year for the reason that elevate, additionally successful over a number of Fortune 500 clients, beating well-funded opponents to the offers with out a US staff on the bottom.
Keiran O’Neill, principal at Tidal, accepted the Scaleup of The 12 months award on Stevens’ behalf.
“There’s been a number of arduous work, significantly over the past 18 months since we’ve actually began to scale out the staff and the product,” O’Neill advised Startup Each day on the night time.
“And consequently, we simply had actually large development. I do know Aonghus and the staff who work on at the present time in and day trip put a number of effort into this. So to get a few of this recognition is simply nice.”
Asseti has already received world contracts as they present enterprise clients how they will scale back threat and save thousands and thousands in operational prices.
“We’ve had some actually sturdy emblem development [which measures customer retention], and a few actually spectacular logos and a number of these within the US, which for an Australian enterprise is absolutely fairly powerful.
“And we’ve finished all that from Australia… the results of that has been some wonderful topline development.
“It’s an ideal enterprise mannequin. It’s actually environment friendly and there’s a extremely sturdy pathway to scale. So we’re tremendous excited.”
Whereas Stevens couldn’t be there to bask within the glory, O’Neill shares what he believes is the key to Stevens’ success.
“I do converse to Aonghus loads and I believe the recommendation I might say he has taken on in all probability essentially the most is that it actually does come again to the shopper,” he says.
“Take heed to the shopper and construct what the shopper wants, and never what you assume they want.”
Going into the subsequent 12 months, Asseti is getting ready for his or her Sequence A elevate and continued development within the US market as they win contracts towards well-funded opponents.
“We’ve managed to get cut-through with these clients via Australia,” O’Neill says. “A few of that’s luck, a few of that’s simply relentless follow-ups. However as soon as we do get to the desk, we’re successful and that’s primarily right down to the product.”
The Startup Each day Greatest in Tech Awards handed out 14 awards to founders, traders and business champions at at gala occasion on the ivy Ballroom on September 25.
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Thanks to our Startup Each day Greatest in Tech Awards 2025 companions:
