What is Scantrust?
Scantrust provides an all-in-one QR code solution that integrates marketing, anti-counterfeiting, and supply chain traceability into a single, cohesive platform. By offering digital product passports and advanced workflow applications, the company enables brands to combat illicit trade while simultaneously meeting stringent digital label compliance requirements. Their technology is specifically engineered to provide secure, immutable links between physical products and their digital counterparts, allowing for real-time data collection and consumer interaction. This dual-purpose functionality—protecting the brand from fraud while enhancing the end-user experience—positions Scantrust as a leader in the digital transformation of global retail and manufacturing sectors.
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 AngelVest Group and SOSV
Private Equity (2017): $4.2M led by Castor Ventures, Privilu00e8ge Management, SOSV, Credit Suisseu2019s SVC, and Innogy Ventures
Key Investors in Scantrust
SOSV
SOSV is a multi-stage venture capital investor that provides intellectual and financial capital to accelerate founders big ideas.
Castor Ventures
Castor Ventures is a private investing community for accredited MIT alumni that provides strategic exposure to venture capital through a diversified fund and deal-by-deal syndications.
Credit Suisse SVC
SVC provides Swiss SMEs and start-up businesses with venture capital to support innovation and the preservation of jobs within the Swiss economy.
What's next for Scantrust?
With the infusion of recent capital, Scantrust is well-positioned to accelerate its product development roadmap and deepen its penetration into key international markets. The strategic focus will likely shift toward scaling its digital product passport offerings to meet upcoming global sustainability and transparency regulations. By further refining its QR code management infrastructure, the company aims to solidify its role as the standard-bearer for product authentication. Future growth will likely be driven by the integration of advanced analytics and machine learning, enabling brands to derive deeper insights from their supply chain data while maintaining the high security standards that have become the hallmark of the Scantrust platform.
See full Scantrust company page
