What is Scanalytics?
Scanalytics operates at the forefront of the smart building revolution, providing a patented flooring system that integrates seamlessly into existing infrastructure. By utilizing inexpensive sensor underlays, the company captures granular occupancy and movement data, which is then processed to drive significant HVAC efficiencies. This technology is engineered to reduce building energy consumption by up to 35%, offering a compelling value proposition for enterprise-level facility managers.
The company's market position is bolstered by strategic partnerships with leading flooring manufacturers, allowing for a scalable deployment model that transcends traditional building management software. By focusing on anonymous data collection, Scanalytics addresses privacy concerns while delivering actionable insights that improve operational efficiency and reduce overhead costs for large-scale commercial and institutional properties.
How much funding has Scanalytics raised?
Scanalytics has raised a total of $504K across 3 funding rounds:
Angel/Seed
$200K
Debt
$150K
Debt
$154K
Angel/Seed (2017): $200K with participation from Wisconsin Economic Development Corporation
Debt (2020): $150K led by PPP
Debt (2021): $154K supported by PPP
Key Investors in Scanalytics
Wisconsin Economic Development Corporation
The Wisconsin Economic Development Corporation (WEDC) spearheads economic development efforts for the state by advancing opportunities for businesses in Wisconsin.
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Scanalytics?
With the recent influx of capital, Scanalytics is well-positioned to accelerate its product development and market penetration. The focus will likely shift toward enhancing the analytical capabilities of its sensor arrays and deepening integration with existing building management systems. As the demand for sustainable, energy-efficient infrastructure grows, the company is poised to capitalize on the increasing regulatory and corporate pressure to lower carbon footprints.
Future strategic initiatives will likely involve expanding its footprint in the senior living and healthcare sectors, where movement data provides critical safety and operational benefits. By maintaining its focus on high-impact, low-cost hardware solutions, Scanalytics is set to remain a dominant force in the smart building ecosystem, driving both economic and environmental value for its enterprise clients.
