What is Scannable?
Scannable operates at the intersection of industrial safety and digital transformation, providing a comprehensive platform for equipment management and Smart PPE oversight. The company addresses the persistent challenges of manual compliance reporting and inventory tracking in sectors such as construction, telecommunications, and emergency services. By integrating web and mobile applications, Scannable enables safety teams to maintain rigorous compliance standards while reducing administrative overhead. Their core value proposition lies in the digitization of safety protocols, which minimizes human error and ensures that critical equipment remains in optimal condition for arborists, riggers, and manufacturing professionals alike.
How much funding has Scannable raised?
Scannable has raised a total of $9.7M across 3 funding rounds:
Other Financing Round
$2M
Angel/Seed
$3M
Stock/Share Issuance
$4.7M
Other Financing Round (2022): $2M with participation from New Zealand Growth Capital Partners and Hillfarrance Capital
Angel/Seed (2024): $3M led by AURA Ventures, The NZGCP, and DCM Holdings
Stock/Share Issuance (2026): $4.7M, investors not publicly disclosed
Key Investors in Scannable
AURA Ventures
AURA Ventures is an elite global impact strategy and creative influence firm created for thought leaders, their companies and brands.
The NZGCP
NZGCP provides investment support for New Zealand innovators building world-class technology companies, offering funding options such as the Aspire NZ Seed Fund.
DCM Holdings
DCM Holdings Co. Ltd is a prominent hardware retail company headquartered in Tokyo, specializing in home improvement solutions across the Asia Pacific region.
What's next for Scannable?
With this major strategic investment, Scannable is expected to prioritize the expansion of its software-as-a-service (SaaS) ecosystem and deepen its integration with existing industrial hardware workflows. The company will likely focus on enhancing its predictive maintenance features and expanding its footprint in the Asia-Pacific and global markets. By scaling its operational capacity, Scannable aims to solidify its position as a market leader in safety technology, potentially exploring new partnerships with hardware retailers and industrial conglomerates to further streamline the lifecycle management of personal protective equipment.
See full Scannable company page
