Scandit, the Smart Data Capture Pioneer, gets over €130M and becomes new Swiss unicorn

Founded in 2009, the Swiss startup is pioneering the use of smart data to give ‘superpowers’ to workers, customers and businesses with impressive speed, accuracy and intelligence. The Scandit Smart Data Capture platform enables smart devices, such as smartphones, drones, digital eyewear and robots to capture data from barcodes, text, IDs and objects to automate and provide insights for end-to-end processes.

Scandit accurately scans data up to three times faster than dedicated scanners in challenging light or at angles, on damaged labels, across multiple codes, with any smart device – enabling innovation that delivers significant cost savings, increases employee retention and customer loyalty.

Since its Series C funding round in May 2020, the business has more than doubled its annual recurring revenue and now has over 1700 global customers including American Eagle Outfitters, Carrefour, FedEx, Levi’s Strauss & Co., Yamato Transport and Sephora.