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Scandit - About the company

Scandit is a series D company based in Zurich (Switzerland), founded in 2009 by Christian Floerkemeier and Samuel Mueller. It operates as a Developer of smart data capture platform for various industry applications. Scandit has raised $273M in funding from investors like Atomico, Google Ventures and Warburg Pincus, with a current valuation of $1B. The company has 926 active competitors, including 133 funded and 80 that have exited. Its top competitors include companies like Mantra Softech, Clear and Clarifai.

Sectors and market segments that Scandit operate in

Scandit serves in the High Tech market segments.The primary business model of Scandit are:

Company Details

Developer of smart data capture platform for various industry applications. The platform offers barcode scanning, ID scanning, and shelf intelligence capabilities. It provides tools for barcode scanning, ID scanning, and smart label capture. The platform supports multiple frameworks and languages for developers. It offers solutions for retail, supply chain, healthcare, and other industries.
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Email ID
*****@scandit.com
Phone Number
+41 **********
Registered Address
Hardturmstrasse 181, 8005 Zürich, CH
Key Metrics
Founded Year
2009
Location
Zurich, Switzerland
Stage
Series D
Total Funding
$273M in 6 rounds
Latest Funding Round
Post Money Valuation
$1B as on Feb 09, 2022
Investors
Ranked
Employee Count
358 as on Mar 31, 2026
Investment & Acquisitions
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Scandit's funding and investors

Scandit has raised a total funding of $273M over 6 rounds. Its first funding round was on Mar 03, 2010. Its latest funding round was a Series D round on Feb 09, 2022 for $150M. 10 investors participated in its latest round. Scandit has 16 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Scandit:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 09, 2022
$150M
Series D
$1B
-
May 26, 2020
$80M
Series C
-
-
Jul 26, 2018
$30M
Series B
-
-
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Scandit's founders and board of directors

Founder? Claim Profile
The founders of Scandit are Christian Floerkemeier and Samuel Mueller. Samuel Mueller is the CEO of Scandit.
Here are the details of Scandit's key team members:

Scandit's employee count trend

Scandit has 358 employees as of Mar 26. Here is Scandit's employee count trend over the years:
Employee count trend for Scandit
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Scandit's Competitors and alternates

Top competitors of Scandit include Mantra Softech, Clear and Clarifai. Here is the list of Top 10 competitors of Scandit, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Scandit
Scandit
2009, Zurich (Switzerland), Series D
Developer of smart data capture platform for various industry applications
$273M
77/100
2nd
Logo for Mantra Softech
Mantra Softech
2006, Ahmedabad (India), Series A
Biometrics-based security and surveillance solutions
$14.2M
72/100
3rd
Logo for Clear
Clear
2010, New York City (United States), Public
Developer of cloud based fingerprint authentication systems
$135M
71/100
4th
Logo for Clarifai
Clarifai
2013, New York City (United States), Series C
Provider of AI based image and video recognition solution for multiple industries
$101M
69/100
5th
Logo for IDEMIA
IDEMIA
2007, Courbevoie (France), Funding Raised
Provider of biometric and cryptographic solutions for secure transactions and identities
-
66/100
6th
Logo for BioCatch
BioCatch
2011, Tel Aviv (Israel), Acquired
Provider of behavioral biometrics cybersecurity solutions
$253M
66/100
7th
Logo for Voxel AI
Voxel AI
2020, San Francisco (United States), Series B
Developer of safety intelligence platform
$83M
65/100
8th
Logo for Integrated Biometrics
Integrated Biometrics
2002, Spartanburg (United States), Series A
Provider of fingerprint-based biometric systems
$5.13M
65/100
9th
Logo for nyris
nyris
2015, Berlin (Germany), Series A
Developer of visual search technology for product and spare part identification
$10.8M
65/100
10th
Logo for Banuba
Banuba
2016, Hong Kong (China), Series A
Developer of augmented reality software development kits and virtual try-on platform
$12M
64/100
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Scandit's Investments and acquisitions

Scandit has made 1 investment in Convelio and acquired MarketLab.

Reports related to Scandit

Here is the latest report on Scandit's sector:

News related to Scandit

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Media has covered Scandit for a total of 4 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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