Funding

IP monitoring start-up GreyScout raises €3.5m

The company, whose clients include Nestle, Mayborn and Bayer, was founded in 2020 by John Killian and Chris McCauley

GreyScout founders John Killian and Chris McCauley

GreyScout, a start-up that with leading brands to monitor online channels for intellectual property (IP) infringements, has raised €3.5 million in a seed funding round.

The company, whose clients include Nestle, Mayborn and Bayer, was founded in 2020 by John Killian and Chris McCauley. Its software-as-a- service solution is designed to detect, verify, and enforce against grey market vendors and counterfeiters.

Grey market trade is a growing concern that often overlaps with the trade of ...