What is Scantrust?
Scantrust offers an integrated QR code platform designed to empower global brands. Their secure QR code technology is instrumental for Fortune 500 companies, enabling them to forge stronger customer connections, adhere to stringent regulatory requirements, and effectively identify and mitigate counterfeit products. The platform's suite of services includes robust QR code management, advanced digital product passports, and specialized supply chain workflow applications. Scantrust's mission is to elevate product experiences and guarantee compliance across diverse brand sizes and industries.
How much funding has Scantrust raised?
Scantrust has raised a total of $5.4M across 2 funding rounds:
Angel/Seed
$1.2M
Private Equity
$4.2M
Angel/Seed (2015): $1.2M with participation from SOSV and AngelVest Group
Private Equity (2017): $4.2M led by Privilu00e8ge Management, Credit Suisseu2019s SVC, Castor Ventures, Innogy Ventures, and SOSV
Key Investors in Scantrust
SOSV
SOSV is a multi-stage venture capital investor that provides intellectual and financial capital to accelerate founders big ideas.
AngelVest Group
Angel Vest Group is Asia's most active international investment group, consisting of over 70 angel investors who provide funding and mentorship to startups, focusing on compelling early-stage businesses with an emphasis on the Asian market.
Privilège Management
Privilège Management operates an online platform offering a wide variety of products and exclusive promotional offers, targeting diverse clients with a convenient shopping experience through their app.
What's next for Scantrust?
With substantial enterprise-level capital infusion, Scantrust is strategically positioned for accelerated expansion and innovation. The recent major strategic investment signals strong confidence in the company's trajectory and its capacity to address critical market needs in brand protection and supply chain transparency. Future developments are likely to focus on enhancing platform capabilities, expanding market reach into new verticals, and further solidifying its position as a leader in secure QR code solutions. This capital will fuel continued research and development, enabling Scantrust to stay ahead of evolving industry demands and regulatory landscapes.
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