Scope Computer Vision Technologies Corp (“Scope”), a leading provider of AI-powered inspections for the industrial landscape, is pleased to announce a strategic growth investment from Black Bay Partners (“Black Bay”). This investment will allow Scope to rapidly accelerate its growth across North America, expand its AI product suite into adjacent market applications, and support the company's global expansion alongside its existing customer base.
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Scope has built an extensive reputation in the utility services sector, pioneering the use of industrial AI-powered inspection for transmission and distribution projects across North America. With increasing demand for automated inspection solutions across energy, infrastructure, and other heavy industries, Scope is poised to drive the next wave of AI innovation in these critical sectors.
“Scope’s AI-powered inspection technology is transforming how heavy industries ensure operational integrity, mitigate risks, and optimize asset performance. With this new partnership, the Company is well-positioned to advance its product offerings, scale its presence, and extend its leadership in the global inspection market,” said Tom Ambrose, Partner at Black Bay. Sam Scofield, Principal at Black Bay, added “Scope’s proven success in the utility services market and the team’s relentless drive to innovate have already set a new standard for operational safety procedures. We’re excited to partner with Justin McCoy (Co-Founder & CEO), Mike Poroo (Co-Founder & President), Arthur Medina (COO) and the entire Scope team as they accelerate growth, expand into new markets, and build a future where smart inspections – powered by a cutting-edge suite of computer vision models – improve safety and economics for clients.”
“AI-driven computer vision isn’t replacing human expertise—it’s supercharging it,” said Joel Hron, CTO of Thomson Reuters and Scope Board Member. “With unprecedented accuracy, Scope’s platform amplifies an inspector's ability to detect risks and assess infrastructure, turning human judgment into hyper-informed, data-driven decisions. This isn’t just about improving safety and reliability – it’s about empowering people to achieve what was once impossible, at a speed and scale that can redefine industries. With this investment, we’re accelerating a future where human ingenuity and AI collaborate seamlessly to protect critical infrastructure and the communities that depend on it.”
Justin McCoy, CEO & Co-Founder of Scope, emphasized the company's commitment to delivering impactful AI platforms for industrial applications. "Today marks a pivotal step in our mission to redefine real-time visual inspections – a critical backbone for industries worldwide. This funding accelerates our ability to deliver transformative AI-powered solutions with unmatched speed and precision, empowering sectors from electric utilities and offshore oil & gas to global infrastructure, with the goal of operating smarter, safer, and more efficiently. With Black Bay’s partnership, we’re poised to scale innovation, enter new markets, and solidify our leadership in delivering intelligent real-time inspections. Our unique fusion of applied AI, deep industry expertise, and frontier data doesn’t just set us apart – it fuels our relentless drive to shape the future of how the world sees, analyzes, and acts."
About Black Bay Partners
Black Bay is an established, dynamic, lower middle-market private equity firm specializing in strategic growth capital investments within the energy industry and related chemical and industrial sectors. We seek to generate strong and consistent investment returns in partnership with innovative companies that make sourcing, delivering, and consuming energy cleaner, safer, more reliable, and more affordable. Black Bay is currently investing out of its second fund and is based in New Orleans, LA. For more information, please visit www.blackbaypartners.com.
About Scope
Founded in 2019 by Justin McCoy and Mike Poroo, Scope is a leading provider of AI-powered inspection solutions designed for heavy industrial applications, with a strategic focus on electric utilities and critical infrastructure. Headquartered in Houston, Texas, Scope combines deep industry expertise with cutting-edge applied AI research, developing a patent-pending inspection platform that leverages computer vision and deep learning to predict the health and integrity of synthetic and wire rope applications. Since launching its flagship product in 2023, Scope has rapidly expanded, deploying systems across North America and inspecting over 100 million feet of utility stringing lines. The company's innovative approach has set a new industry standard for operational safety and efficiency, significantly enhancing inspectors' ability to detect risks and optimize asset performance. For more information, please visit www.visionbyscope.com
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Contacts
Arthur Medina, COO
arthur@visionbyscope.com
