ScanTrust
Founded Year
2014Stage
Grant | AliveTotal Raised
$5.63MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+30 points in the past 30 days
About ScanTrust
ScanTrust develops a software platform for anti-counterfeiting and product traceability. It works using data carriers on product packaging and labels. It also offers active brand protection, supply chain awareness, and direct consumer engagement benefits. It helps bind physical goods with online identities. The company was founded in 2014 and is based in Lausanne, Switzerland.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
ESPs containing ScanTrust
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The product & packaging authentication tech market addresses issues like counterfeit products, product diversion, and lack of traceability. Current anti-counterfeiting measures such as bar codes, QR codes, tags, and stickers can be erased, lost, damaged, moved from part to part, and counterfeited. As a result, this market offers solutions that enable product authentication via smartphone applicati…
ScanTrust named as Outperformer among 15 other companies, including Kezzler, TrusTrace, and TruTag Technologies.
Research containing ScanTrust
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned ScanTrust in 2 CB Insights research briefs, most recently on Aug 11, 2022.
Expert Collections containing ScanTrust
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
ScanTrust is included in 4 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
3,797 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Luxury Tech
419 items
Tech-enabled companies launching new luxury brands, as well as startups providing tech solutions to the luxury industry, including e-commerce tools, marketing, and more. While these companies may not exclusively target luxury companies, they have notable luxury partners.
Packaging & Labeling Tech
600 items
Companies providing traditional and tech-enabled packaging and labeling solutions for brands.
Cybersecurity
6,705 items
These companies protect organizations from digital threats.
ScanTrust Patents
ScanTrust has filed 4 patents.
The 3 most popular patent topics include:
- Barcodes
- Cellular automaton rules
- Embedded systems
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
1/10/2017 | 8/6/2019 | Barcodes, Encodings, Identifiers, Document management systems, Error detection and correction | Grant |
Application Date | 1/10/2017 |
|---|---|
Grant Date | 8/6/2019 |
Title | |
Related Topics | Barcodes, Encodings, Identifiers, Document management systems, Error detection and correction |
Status | Grant |
Latest ScanTrust News
Sep 8, 2023
Secure QR codes can be scanned using a smartphone camera, similar to any regular QR codes. As part of this collaboration, Scantrust provided its anti-counterfeiting technology, which uses a secure graphic embedded into a QR Code. Secure graphic, according to SCREEN, has a high information density and can naturally degrade during any printing or copying attempt. The companies said that there is additional information loss that can be detected in case of any unauthorised reproductions, as counterfeits depend on a second printing. This additional loss of information also helps in differentiating copies from originals. SCREEN Europe marketing director Juan Cano said: “Our partnership with Scantrust is crucial to meet growing demand for connected packaging through the use of unique serialised QR codes for product authentication, brand-to-consumer engagement and supply chain visibility.” Additionally, SCREEN used its Truepress L350UV SAI digital inkjet technology to provide fine line resolution and required sharpness for printing thousands of unique QR codes onto the labels. SCREEN further provided its proprietary EQUIOS workflow software. It helped in handling large amount and size of variable data needed for printing serialised and unique QR codes at scale. Scantrust CEO and co-founder Nathan J Anderson said: “SCREEN Europe’s Truepress L350 is ideal for printing Scantrust secure QR codes on labels, as it is designed to produce the high-quality prints required for Scantrust’s patented copy detection process. “In addition, SCREEN Europe’s inkjet label printer does so in a cost-effective way, making it a perfect system for protecting brands and consumers from counterfeit products.” Share this article
ScanTrust Frequently Asked Questions (FAQ)
When was ScanTrust founded?
ScanTrust was founded in 2014.
Where is ScanTrust's headquarters?
ScanTrust's headquarters is located at EPFL Innovation Park, Lausanne.
What is ScanTrust's latest funding round?
ScanTrust's latest funding round is Grant.
How much did ScanTrust raise?
ScanTrust raised a total of $5.63M.
Who are the investors of ScanTrust?
Investors of ScanTrust include EIC Accelerator, EIT Digital Accelerator, SOSV, EIT Food RisingFoodStars, Venture Leaders Mobile and 14 more.
Who are ScanTrust's competitors?
Competitors of ScanTrust include Authena, Verinetics, Lynx, Entrupy, StaTwig and 15 more.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
Compare ScanTrust to Competitors
Sproxil provides brand protection in emerging markets by leveraging mobile phones and scratch-off labels. The company delivers a consumer-friendly way to help prevent individuals from experiencing negative consequences of counterfeit products. By doing so, Sproxil connects brand owners with consumers in a way not previously achieved in developing markets.
Entrupy provides hardware-enabled and artificial intelligence-based software-as-a-service (SaaS) solutions for product verification. Its solutions include luxury authentication, sneaker authentication, return fraud detection, and supply chain protection. The company was founded in 2016 and is based in Paris, France.
TAGD is a patent pending, cloud-based, blockchain, authentication solution that benefits brands/retailers, resale platforms and consumers by stymieing the sale of counterfeit goods, generating data and revenue, increasing market share, and erecting barriers to entry. It is based in London, England.
Verinetics develops a counterfeit detection platform to authenticate and verify products and important documents The platform security features by adding controlled substances under better control from point of manufacture to point of administration or disposal. The company was founded in 2009 and is based in Durham, North Carolina.
iTRACE Technologies was formed to help fight global counterfeit, grey market, and diverted goods problems. The company provides a technology to help manufacturers cut off the grey market trading of their products and protect them from the liability of counterfeits.
AuthenticatePro brings buyers, sellers and authenticators together on brand name purchases to minimize the chances of buying or selling counterfeit goods.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.
