ScanTrust

Overview
News
Smart Packaging Tech?
Product stageSegments
Early
?
Package traceability and analytics
?

ScanTrust is a Switzerland-based package traceability and analytics platform that provides companies with comprehensive tools to combat counterfeiting and compliance and optimize inventory and distribution processes. Its core technology includes creating secure QR codes and landing pages without programming knowledge and facilitating customer engagement and compliance with e-labels and digital product passports (DPP). It also reportedly works with a customer's existing label printing processes and QR codes (which can be upgraded with security features). Key products and services include cost-effective anti-counterfeiting solutions that allow consumers to authenticate products using a smartphone without needing a special app. The platform also supports supply chain traceability, providing visibility into inventory and distribution processes through QR codes. Additional capabilities include authentication applications, QR code managers, EU wine-label compliance, enterprise QR codes, mobile landing page creators, and supply chain workflow applications.

Key customers and partnerships

As of February 2024, the company had more than 1 billion connected products, and its customers included Dupont, Melitta, NuSkin, Unilever, Abbott, ExxonMobil, Unilever, HP, Motul, and Zippo.

In July 2021, the company partnered with ePac Flexible Packaging, a custom flexible packaging company, to offer secure and serialized QR codes printed on the packaging to provide an online gateway and connected packaging capabilities. In September 2023, Scantrust partnered with SCREEN Europe, a printing equipment provider, to combine SCREEN Europe's digital printing technology with ScanTrust's secure QR codes.

Funding and financials

In November 2017, the company raised USD 4.2 million in a Series A funding round led by SVC Ltd to expand the support and delivery of ScanTrust's supply chain projects with Global Fortune 1000 companies worldwide. It also aimed to develop new features, expand business intelligence capabilities, and fuel the company's growth into new verticals.


HQ location:
EPFL, Innovation Park PSE-D Lausanne CHE
Founded year:
2013
Employees:
11-50
IPO status:
Private
Total funding:
USD 8.1 mn
Last Funding:
USD 2.3 mn (Grant; Oct 2022)
Last valuation:
-
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