How Much Did Scanalytics Raise?
Funding & Key Investors

Scanalytics has successfully secured a total capital infusion of $504K, marking a significant milestone in its trajectory toward becoming a leader in smart building infrastructure. This latest injection of $154K represents a major strategic investment, positioning the firm to accelerate the deployment of its patented sensor-based technology across diverse commercial sectors. By leveraging this financial backing, the company is poised to scale its operations and solidify its market presence as a critical provider of energy-saving solutions for modern enterprise environments.

The funding history, which spans from early-stage support to recent debt financing, reflects a consistent growth trajectory. Starting with initial capital in 2017, the company has systematically built its technological foundation, culminating in the current phase of expansion. This capital allocation underscores investor confidence in the firm's ability to disrupt traditional building management paradigms through data-driven efficiency.

What is Scanalytics?

Scanalytics
Business ServicesSoftware TestingArchitecture, Engineering & Design

Scanalytics operates at the intersection of IoT and sustainable building management, offering a proprietary smart flooring system that utilizes sensor underlays to capture granular occupancy and movement data. By providing actionable insights into spatial utilization, the company enables organizations to optimize HVAC systems, resulting in documented energy consumption reductions of up to 35%.

The company's value proposition is particularly compelling for high-traffic industries, including healthcare, senior living, retail, and education. By integrating its technology with existing flooring infrastructure, Scanalytics provides a non-intrusive, anonymous method for facility managers to enhance operational efficiency. This approach not only drives significant cost savings but also aligns with broader corporate sustainability mandates, making the firm a vital partner for enterprises seeking to modernize their physical assets.

How much funding has Scanalytics raised?

Scanalytics has raised a total of $504K across 3 funding rounds:

2017

Angel/Seed

$200K

2020

Debt

$150K

2021

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) is a state-led entity focused on fostering economic growth and supporting business development initiatives within the region.

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Scanalytics?

With the recent influx of capital, Scanalytics is expected to focus on expanding its strategic partnerships with major flooring manufacturers to increase market penetration. The company's roadmap likely includes enhancing its analytics platform to provide deeper predictive insights into building usage patterns, further cementing its role in the smart building ecosystem. As the demand for energy-efficient, data-enabled infrastructure continues to rise, Scanalytics is well-positioned to capitalize on the growing need for automated, cost-effective building management solutions. Future growth will likely be driven by scaling its sales force and refining its sensor technology to meet the evolving requirements of large-scale commercial and institutional clients.

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Frequently Asked Questions Regarding Scanalytics Financial Insights

What are the most recent funding rounds that Scanalytics has completed, and what were the funding rounds?
Scanalytics has recently completed 3 funding rounds: Debt on Jan 16, 2021, Debt on Apr 13, 2020, Angel/Seed on Mar 16, 2017.
What is the total amount of funding Scanalytics has raised to date?
Scanalytics has raised a total of $504K in funding to date.
How many funding rounds has Scanalytics completed?
Scanalytics has completed 3 funding rounds.
How much funding did Scanalytics raise in its most recent funding round?
Scanalytics raised $154K in its most recent funding round.
Who are the lead investors in Scanalytics's latest funding round?
The lead investor in Scanalytics's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Scanalytics's history?
The largest funding round in Scanalytics's history was $200K.
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