About ScanTrust
ScanTrust is a company based in Beijing (China) founded in 2014.. ScanTrust has raised $5.53 million across 9 funding rounds from investors including Swisscom, European Union and Angel Vest Group. ScanTrust operates in a competitive market with competitors including Trimble, Coupang, Shiprocket, FourKites and Shippo, among others.
- Headquarter Beijing, China
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Sectors
TechnologyRetail Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Scantrust Sa
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.53 M (USD)
in 9 rounds
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Latest Funding Round
$2.33 M (USD), Grant
Oct 05, 2022
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Investors
Swisscom
& 13 more
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Employee Count
Employee Count
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Funding Insights of ScanTrust
ScanTrust has successfully raised a total of $5.53M across 9 strategic funding rounds. The most recent funding activity was a Grant round of $2.33 million completed in October 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 9
- Last Round Grant — $2.3M
- First Round First Round
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Grant - ScanTrust | Valuation |
investors |
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| Jun, 2022 | Amount | Series A - ScanTrust | Valuation | Orbit Startups |
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| Mar, 2019 | Amount | Grant - ScanTrust | Valuation |
investors |
| 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 ScanTrust
ScanTrust has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Swisscom, European Union and Angel Vest 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Startups are incubated across sectors without restrictions.
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Founded Year | Domain | Location | |
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Venture capital investing and portfolio management services for accredited investors.
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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 ScanTrust
| 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 |
Financial Statements - ScanTrust
| 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 |
Scantrust Comparisons
Competitors of ScanTrust
ScanTrust 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 Trimble, Coupang, Shiprocket, FourKites and Shippo, 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 positioning solutions are offered for industrial sectors.
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| domain | founded_year | HQ Location |
Multi-category consumer products are sold via an online marketplace.
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| domain | founded_year | HQ Location |
E-commerce tools for shipping, marketing, and financial services are provided.
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| domain | founded_year | HQ Location |
AI and web-based visibility solutions for supply chains are developed.
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| domain | founded_year | HQ Location |
Web-based shipping solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
E-commerce fulfillment solutions are provided for direct-to-consumer brands.
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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 Scantrust
Frequently Asked Questions about ScanTrust
When was ScanTrust founded?
ScanTrust was founded in 2014.
Where is ScanTrust located?
ScanTrust is headquartered in Beijing, China.
Is ScanTrust a funded company?
ScanTrust is a funded company, having raised a total of $5.53M across 9 funding rounds to date. The company's 1st funding round was a Grant of $56.08K, raised on Aug 19, 2014.
What does ScanTrust do?
ScanTrust was founded in 2014 in Beijing, China, and operates within the anti-counterfeiting technology sector. Copy-proof QR codes are developed for placement on product packaging by retailers and brands. Verification occurs through smartphones, allowing consumers to confirm product authenticity and enabling manufacturers to safeguard against counterfeit items. Operations focus on integrating these solutions into supply chains for global use.
Who are the top competitors of ScanTrust?
ScanTrust's top competitors include Coupang, Shiprocket and Trimble.
Who are ScanTrust's investors?
ScanTrust has 14 investors. Key investors include Swisscom, European Union, Angel Vest Group, EIC Fund, and Orbit Startups.
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