What is Scandit?
Scandit operates at the intersection of physical and digital workflows, providing a sophisticated Smart Data Capture platform that transforms standard smart devices into high-performance scanning tools. By utilizing computer vision, the company enables businesses to automate data collection from barcodes, text, IDs, and objects, even in challenging environments. This technology is instrumental in driving operational efficiency, reducing costs, and enhancing customer experiences across retail, logistics, and healthcare sectors. As a leader in the enterprise SaaS space, Scandit's solution is designed to integrate seamlessly into existing mobile ecosystems, effectively giving workers and consumers digital superpowers through their existing hardware.
How much funding has Scandit raised?
Scandit has raised a total of $273M across 5 funding rounds:
Angel/Seed
$5.5M
Series A
$7.5M
Series B
$30M
Series C
$80M
Series D
$150M
Angel/Seed (2014): $5.5M, investors not publicly disclosed
Series A (2017): $7.5M led by Atomico
Series B (2018): $30M supported by Atomico, GV, and NGP Capital
Series C (2020): $80M featuring Kreos Capital Group Limited, Atomico, NGP Capital, Swisscom Ventures, G2VP LLC, Google Ventures, and Salesforce Ventures
Series D (2022): $150M backed by Forestay Capital, Swisscom Ventures, Atomico, and Warburg Pincus
Key Investors in Scandit
Atomico
Atomico is a European Venture Capital firm headquartered in London, with offices in Paris, Berlin and Stockholm. Its founder and CEO is Niklas Zennström, a serial entrepreneur who co-founded Skype and Kazaa.
GV
GV is a venture capital firm founded in 2001 that invests across multiple stages and sectors. The company focuses on enterprise solutions, life sciences, consumer products, and frontier technology innovations.
NGP Capital
NGP Capital is a venture capital firm that specializes in supporting exceptional founders in transforming their innovative ideas into impactful companies, focusing on B2B companies driving the convergence of physical and digital worlds.
What's next for Scandit?
With the backing of major institutional investors, Scandit is well-positioned to scale its operations and deepen its penetration into global markets. The current funding context suggests a focus on expanding the capabilities of its AI-driven platform, potentially targeting new verticals that require high-precision data capture and real-time analytics. As the company matures, the strategic emphasis will likely shift toward sustaining its competitive advantage through continuous innovation and the expansion of its partner ecosystem. By maintaining its focus on enterprise-grade reliability and performance, Scandit is poised to remain a cornerstone of the digital transformation movement, helping organizations bridge the gap between physical assets and digital intelligence.
See full Scandit company page
