About Scandit
Scandit is a company based in Zurich (Switzerland) founded in 2009 by Christof Roduner, Samuel Mueller, and Christian Floerkemeier.. Scandit has raised $273.1 million across 6 funding rounds from investors including Schneider Electric, Warburg Pincus and Kreos Capital. Scandit has completed 1 acquisition, including Scandit. Scandit operates in a competitive market with competitors including ProGlove, Chooch, Silo.AI, 8th Wall and CrowdAI, among others.
- Headquarter Zurich, Switzerland
- Founders Christof Roduner, Samuel Mueller, Christian Floerkemeier
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$273.1 M (USD)
in 6 rounds
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Latest Funding Round
$150 M (USD), Series D
Feb 09, 2022
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Investors
Schneider Electric
& 12 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Software Development Team
45 people
Product Management Team
15 people
Sales and Marketing
15 people
Senior Team
13 people
Leadership Team
9 people
Human Resources and Administration
5 people
Machine Team
4 people
Finance and Accounting
3 people
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Funding Insights of Scandit
Scandit has successfully raised a total of $273.1M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $150 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series D — $150.0M
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First Round
First Round
(03 Mar 2010)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series D - Scandit | Valuation | Warburg Pincus | |
| May, 2020 | Amount | Series C - Scandit | Valuation | G2VP | |
| Jul, 2018 | Amount | Series B - Scandit | Valuation | Google Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Scandit
Scandit has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Schneider Electric, Warburg Pincus and Kreos Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Tech-based companies are invested in by Atomico venture capital fund.
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech, enterprise SaaS, and B2B sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Scandit
Scandit has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Scandit. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Smart data capture solutions are provided for various industries.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Scandit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Scandit Comparisons
Competitors of Scandit
Scandit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ProGlove, Chooch, Silo.AI, 8th Wall and CrowdAI, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wearable wireless barcode scanners are manufactured for industrial IoT integration.
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| domain | founded_year | HQ Location |
Generative computer vision solutions are offered for video stream analysis.
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| domain | founded_year | HQ Location |
Provider of customized AI-powered solutions
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| domain | founded_year | HQ Location |
A platform for developing web-based augmented reality experiences is offered.
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| domain | founded_year | HQ Location |
Provider of image annotation solutions for autonomous vehicle, drones & satellite images
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Scandit
Frequently Asked Questions about Scandit
When was Scandit founded?
Scandit was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Scandit located?
Scandit is headquartered in Zurich, Switzerland.
Who is the current CEO of Scandit?
Samuel Mueller is the current CEO of Scandit. They have also founded this company.
Is Scandit a funded company?
Scandit is a funded company, having raised a total of $273.1M across 6 funding rounds to date. The company's 1st funding round was a Series B of $30M, raised on Mar 03, 2010.
What does Scandit do?
Founded in 2009 and headquartered in Zurich, Switzerland, Scandit specializes in software development kits for barcode scanning and data capture, leveraging computer vision, augmented reality, and machine learning technologies. Operations focus on sectors such as retail, manufacturing, logistics, and healthcare, where mobile applications enable product scanning, payments, customer engagement, and order management. A cloud-based platform supports enterprise mobility and integrates APIs for diverse applications.
Who are the top competitors of Scandit?
Scandit's top competitors include ProGlove, Chooch and Robovision.
How many acquisitions has Scandit made?
Scandit has made 1 acquisition, including Scandit.
Who are Scandit's investors?
Scandit has 13 investors. Key investors include Schneider Electric, Warburg Pincus, Kreos Capital, Atomico, and Sony Innovation Fund.
What is Scandit's valuation?
The valuation of Scandit is $1B as of Feb 2022.
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