What is Scandit?
Scandit is a global leader in the smart data capture market, providing advanced computer vision software that empowers smart devices—including smartphones, drones, and robotics—to interpret barcodes, text, and objects with unprecedented speed and accuracy. By transforming standard hardware into high-performance scanning tools, the company enables businesses to optimize end-to-end workflows, reduce operational costs, and enhance employee productivity. Its platform is engineered to perform in challenging environments, such as low-light conditions or with damaged labels, offering a distinct competitive advantage over traditional, dedicated scanning hardware. Through its robust SaaS model, Scandit facilitates digital transformation for enterprises seeking to integrate real-time data insights into their core operations.
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 G2VP LLC, Kreos Capital Group Limited, Google Ventures, Atomico, Swisscom Ventures, NGP Capital, and Salesforce Ventures
Series D (2022): $150M backed by Warburg Pincus, Forestay Capital, Swisscom Ventures, and Atomico
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 early-stage B2B companies driving the convergence of physical and digital worlds.
What's next for Scandit?
With the support of its latest capital injection, Scandit is well-positioned to accelerate its product roadmap and deepen its penetration into key vertical markets, including retail, logistics, and healthcare. The company's strategic focus will likely center on enhancing its AI-driven analytics capabilities and expanding its global footprint to meet the rising demand for automated, device-agnostic data capture solutions. As the enterprise landscape continues to prioritize digital agility, Scandit's ability to deliver scalable, high-accuracy performance will be pivotal in maintaining its market leadership. Future growth initiatives are expected to leverage this financial backing to foster further innovation in computer vision, ensuring the company remains at the forefront of the industrial automation revolution.
See full Scandit company page
