What is Scanalytics?
Scanalytics is revolutionizing building energy consumption with its patented smart flooring system. This innovative solution utilizes inexpensive sensor underlays to gather occupancy and movement data, enabling precise optimization of HVAC systems and enhancing overall building management. The company's technology is designed to reduce energy usage by an impressive 35%, targeting key sectors such as senior living, healthcare, retail, and education. By providing anonymous spatial data analytics, Scanalytics empowers businesses to improve operational efficiency and cut costs, partnering with leading flooring manufacturers to deliver impactful, energy-saving solutions.
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 is a state agency focused on driving economic growth and business development within Wisconsin, likely investing in companies with a strong local impact and innovative potential.
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Scanalytics?
The substantial enterprise-level funding indicates Scanalytics is poised for significant scaling and market penetration. This capital injection will likely fuel further research and development, expansion into new markets, and strengthening of strategic partnerships. The company's focus on tangible cost savings and energy reduction through advanced data analytics positions it favorably in a market increasingly prioritizing sustainability and operational efficiency. Future growth may involve broader adoption across diverse building types and enhanced data-driven services for facility management.
See full Scanalytics company page
