About Scanntech
Scanntech is a company based in Sao Paulo (Brazil) founded in 1991.. Scanntech has raised $50 million across 3 funding rounds from investors including Warburg Pincus, Endeavor and Sequoia Capital. Scanntech operates in a competitive market with competitors including RetailNext, Trax, Wiser, SPINS and Crisp, among others.
- Headquarter Sao Paulo, Brazil
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Sectors
Retail
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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
$50 M (USD)
in 3 rounds
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Latest Funding Round
$40 M (USD), Series B
Jan 19, 2023
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Investors
Warburg Pincus
& 2 more
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Employee Count
Employee Count
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Funding Insights of Scanntech
Scanntech has successfully raised a total of $50M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in January 2023. 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 3
- Last Round Series B — $40.0M
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First Round
First Round
(07 Dec 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series B - Scanntech | Valuation |
investors |
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| Sep, 2014 | Amount | Series A - Scanntech | Valuation | Endeavor |
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| Dec, 2011 | Amount | Series A - Scanntech | Valuation | Sequoia Capital |
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| 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 Scanntech
Scanntech has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Warburg Pincus, Endeavor and Sequoia 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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Endeavor is focused on supporting high-impact entrepreneurs globally.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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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 Scanntech
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
Financial Statements - Scanntech
| 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 |
Scanntech Comparisons
Competitors of Scanntech
Scanntech 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 RetailNext, Trax, Wiser, SPINS and Crisp, 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 |
In-store customer behavior is tracked and analyzed in real-time.
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| domain | founded_year | HQ Location |
Cloud-based analytics solutions for retail shelf management are delivered.
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| domain | founded_year | HQ Location |
Price intelligence and optimization software is provided for e-commerce retailers.
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| domain | founded_year | HQ Location |
Retail consumer analytics services are provided for natural products sector.
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| domain | founded_year | HQ Location |
Business analytics software is provided for CPG retailers and suppliers.
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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 Scanntech
Frequently Asked Questions about Scanntech
When was Scanntech founded?
Scanntech was founded in 1991 and raised its 1st funding round 20 years after it was founded.
Where is Scanntech located?
Scanntech is headquartered in Sao Paulo, Brazil.
Is Scanntech a funded company?
Scanntech is a funded company, having raised a total of $50M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Dec 07, 2011.
What does Scanntech do?
Scanntech was founded in 1991 in Sao Paulo, Brazil, within the software analytics sector. Solutions focused on retail businesses are delivered, including monthly sales management analysis for stores and supermarkets. Sales performance, consumption basket movements, and category variation highlights are analyzed. Promotion and inventory management tools are also offered. Retailers, distributors, and manufacturers across the region are served through these operations.
Who are the top competitors of Scanntech?
Who are Scanntech's investors?
Scanntech has 3 investors. Key investors include Warburg Pincus, Endeavor, and Sequoia Capital.
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