About Scantron
Scantron is a company based in Eagan (United States) founded in 1972 was acquired by Transom Capital Group in December 2019.. The company has 28 employees as of March 31, 2024. Scantron has completed 7 acquisitions, including Castle Worldwide, GlobalScholar and IT Nexus. Scantron offers products and services including Scantron Score™, OpScan 4ES OMR Scanner, and Remark Classic OMR Software. Scantron operates in a competitive market with competitors including Renaissance, MasteryConnect, TagHive, Certica Solutions and Xello, among others.
- Headquarter Eagan, United States
- Employees 28 as on 31 Mar, 2024
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Retailmenot India Private Limited
- Date of Incorporation 03 Sep, 2003
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$1.17 M (USD)-4.61as on Mar 31, 2023
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Net Profit
$115.75 K (USD)-19.07as on Mar 31, 2023
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EBITDA
$119.28 K (USD)-44.84as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
28
as on Mar 31, 2024
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Investments & Acquisitions
Castle Worldwide
& 6 more
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Acquired by
Transom Capital Group
(Dec 04, 2019)
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Products & Services of Scantron
Scantron offers a comprehensive portfolio of products and services, including Scantron Score™, OpScan 4ES OMR Scanner, and Remark Classic OMR Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for automatic scoring and result analysis
Device for processing OMR forms and data collection
Tool for scanning and analyzing survey responses
Unlock access to complete
Funding Insights of Scantron
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Scantron
Scantron has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Transom Capital Group. 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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Transom Capital Group is engaged in operational investment strategies.
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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 Scantron
Scantron has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Castle Worldwide, GlobalScholar and IT Nexus. 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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Academic performance is assessed via student-centric learning software.
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2006 | ||||
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Web development, security, and consulting services are provided.
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2004 | ||||
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Software development and consulting service
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1999 |
| 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 - Scantron
| 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 |
Scantron Comparisons
Competitors of Scantron
Scantron 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 Renaissance, MasteryConnect, TagHive, Certica Solutions and Xello, 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 |
Cloud-based K-12 assessments in reading, math, and writing are delivered.
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| domain | founded_year | HQ Location |
Assessment and data solutions are developed for K-12 education.
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| domain | founded_year | HQ Location |
AI-powered quiz application for educational engagement is provided.
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| domain | founded_year | HQ Location |
Assessment and data quality solutions are offered for K-12 schools.
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| domain | founded_year | HQ Location |
Provider of an online platform for developing technical and soft skills in students
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| domain | founded_year | HQ Location |
Educational frameworks for assessment-curriculum integration are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Scantron
Frequently Asked Questions about Scantron
When was Scantron founded?
Scantron was founded in 1972.
Where is Scantron located?
Scantron is headquartered in Eagan, United States. It is registered at Eagan, Minnesota, United States.
How many employees does Scantron have?
As of Mar 31, 2024, the latest employee count at Scantron is 28.
What is the annual revenue of Scantron?
Annual revenue of Scantron is $1.17M as on Mar 31, 2023.
What does Scantron do?
Scantron provides assessment and survey solutions to education, commercial and government organizations worldwide. It serves 80 percent of the top school districts in the United States. Spread across 70 countries and 15 Educational Ministries throughout the world. Its K-12 district wide assessment solution combines adaptive diagnostic test technique and standards based formative assessment. Tracks attendance rates, behavior incidents and course performance all over the year and provides to schools through Early Warning System. Works on premium model.
Who are the top competitors of Scantron?
Scantron's top competitors include Renaissance, MasteryConnect and Xello.
What products or services does Scantron offer?
Scantron offers Scantron Score™, OpScan 4ES OMR Scanner, and Remark Classic OMR Software.
How many acquisitions has Scantron made?
Scantron has made 7 acquisitions, including Castle Worldwide, GlobalScholar, and IT Nexus.
Who are Scantron's investors?
Scantron has 1 investor. Key investors include Transom Capital Group.