Scandit

Scandit

Smart data capture and barcode scanning solutions

About

Scandit provides smart data capture technology that enables devices like smartphones and tablets to scan barcodes, text, IDs, and objects with high speed and accuracy. The company offers software development kits (SDKs) that businesses can integrate into their applications, improving operational efficiency and customer engagement. Unlike competitors, Scandit focuses on a subscription-based model that allows for scalability and tailored solutions, such as ID scanning for secure identity verification. The goal is to enhance how businesses capture and utilize data, ultimately improving efficiency and user experience.

Company Stage

Series D

Employees

201-500

Industries

Automotive & Transportation, Consumer Software, Enterprise Software, Healthcare

Total Funding

$265.2M

Headquarters

Zurich, Switzerland

Founded

2009


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Simplify's Take

What believers are saying

  • Growing demand for contactless solutions boosts Scandit's market potential.
  • Advancements in AI enhance the accuracy and speed of Scandit's technologies.
  • Rising adoption of mobile scanning in healthcare supports Scandit's growth.

What critics are saying

  • Patent litigation from Honeywell could lead to costly legal battles.
  • Integration challenges from MarketLab acquisition may disrupt operations.
  • Retail worker dissatisfaction could impact client retention and satisfaction.

What makes Scandit unique

  • Scandit offers unmatched scanning performance on any camera-equipped smart device.
  • Their SDKs enable seamless integration of advanced scanning into existing applications.
  • Scandit's solutions enhance operational efficiency and customer engagement across multiple industries.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-29%

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