Scandit is the leader in smart data capture giving superpowers to workers, customers and businesses by providing actionable insights and automating end-to-end processes.
Scandit develops algorithms to speed up barcode scanning processes for inventory management, enabling smartphones, drones, “digital eyewear,” and robots to capture data from labels.
Scandit was founded in 2009 by Samuel Mueller, Christian Floerkemeier, and Christof Roduner. The company is headquartered in Zurich, Switzerland, with offices in San Francisco, Boston, London, Warsaw, Tampere, and Tokyo.
Scandit's platform can handle challenging lighting conditions, distances, and angles that traditional barcode scanners can’t — even with damaged labels — by performing up to 480 individual scans per minute.
Scandit also offers augmented reality (AR) software that displays information in smart glasses and mobile devices, like product and delivery details as well as stock counts.
Scandit launched ShelfView, which leverages AR, object recognition, and OCR to scan “SKU-level” product data from brick-and-mortar store shelves via smartphones, robots, or a combination of both. Scandit claims to have over 1,700 customers worldwide, including FedEx, Levi’s Strauss & Co., and Sephora.
Scandit is backed by Warburg Pincus, GV, Atomico, G2VP, Kleiner Perkins, Forestay Capital, Salesforce Ventures, NGP Capital, Kreos, Swisscom Ventures, Schneider Electric, Sony Innovation Fund, and others. The company raised $150M in Series D round on Feb 09, 2022. This brings Scandit's total funding to $273M to date. The latest round mints Scandit a unicorn with a valuation of over $1B post-money.