What is Scanalytics?
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:
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) 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.
See full Scanalytics company page