What is Scantrust?
Scantrust provides a comprehensive QR code solution tailored for global brands, addressing critical needs in marketing, anti-counterfeiting, supply chain traceability, and digital label compliance. Their secure QR code technology is employed by Fortune 500 companies to enhance customer engagement, meet regulatory requirements, and combat product counterfeiting. The platform offers robust services including QR code management, digital product passports, and supply chain workflow applications, aiming to elevate product experiences and ensure compliance across various 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, SOSV, Innogy Ventures, Credit Suisseu2019s SVC, and Castor Ventures
Key Investors in Scantrust
Privilège Management
Privilège Management is an online platform offering a wide variety of products, targeting diverse clients looking for exclusive promotional offers and a convenient shopping experience.
SOSV
SOSV is a multi-stage venture capital investor that provides intellectual and financial capital to accelerate founders' big ideas.
Innogy Ventures
Innogy Ventures, associated with the German energy company E.ON, likely focuses on investments within the energy sector and related technological innovations.
What's next for Scantrust?
With the recent major strategic investment, Scantrust is poised for significant expansion. The company is likely to focus on scaling its operations, enhancing its platform's capabilities in areas such as supply chain visibility and digital product passports, and broadening its market reach. This capital injection will empower Scantrust to further solidify its position as a leader in secure QR code solutions for global brands, driving innovation in product authentication and consumer engagement.
See full Scantrust company page
