How Much Did Scan/US Raise?
Funding & Key Investors

Scan/US has secured $50K in total funding, with a recent capital infusion of $50K designated for substantial expansion. This financing round, occurring at a significant Series B/C stage, underscores the company's established market presence and its strategic growth trajectory. The latest funding, which closed on January 29, 2021, was a debt financing round, indicating a mix of capital strategies employed by the company to fuel its development and market penetration efforts.

What is Scan/US?

Scan/US
SoftwareEngineering Software

Scan/US, Inc. is a provider of sophisticated desktop software solutions focused on geocoding, demographics, and mapping. The company serves a diverse clientele, including consultants, businesses, and organizations that require in-depth access to population characteristics across various geographic markets. Their product suite features demographic mapping subscriptions and a desktop batch geocoder, tools essential for evaluating retail site potential and understanding trade area dynamics. Additionally, Scan/US offers specialized databases and services, such as the Scan/US PointCoder for precise geofenced location capture and comprehensive demographic reports, all designed to empower informed, data-driven business decisions.

How much funding has Scan/US raised?

Scan/US has raised a total of $50K across 1 funding round:

2021

Debt

$50K

Debt (2021): $50K with participation from PPP

Key Investors in Scan/US

PPP

Public-Private Partnership

What's next for Scan/US?

With the recent influx of $50K in expansion capital, Scan/US is poised for significant growth and market expansion. The company's strategic focus will likely involve enhancing its existing software solutions, potentially integrating more advanced analytics or AI-driven insights into its geocoding and demographic mapping platforms. Further development of specialized databases and services, such as the PointCoder, could also be a priority, aiming to capture a larger share of the location intelligence market. This investment signals confidence from financial backers in Scan/US's business model and its capacity to scale operations, suggesting a potential for increased market penetration and the development of new service offerings to meet evolving client needs in data analytics and location-based strategy.

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Frequently Asked Questions Regarding Scan/US Financial Insights

What are the most recent funding rounds that Scan/US has completed, and what were the funding rounds?
Scan/US has recently completed 1 funding rounds: Debt on Jan 29, 2021.
What is the total amount of funding Scan/US has raised to date?
Scan/US has raised a total of $50K in funding to date.
How many funding rounds has Scan/US completed?
Scan/US has completed 1 funding rounds.
How much funding did Scan/US raise in its most recent funding round?
Scan/US raised $50K in its most recent funding round.
Who are the lead investors in Scan/US's latest funding round?
The lead investor in Scan/US's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Scan/US's history?
The largest funding round in Scan/US's history was $50K.
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