# Scannable NZ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/scannable-nz

- Industry: Software
- Headquarters: Queenstown, New Zealand
- Website: www.scannable.io
- Total disclosed funding: $4.3M
- Latest round: Seed (Nov 18, 2024)
- Investors on record: 4

## About

Founded in 2020, and based in New Zealand, Scannable NZ LTD offers compliance software. The company was founded by its CEO, Rob Stirling. In November 2024, Scannable NZ LTD raised USD 3 million in seed funding led by new investor DCM Ventures, with participation from returning investor NZ Growth Capital Partners. New investor Aura Ventures and individual investors also participated in the round. As of 2022, the company has a client base of 3000 user accounts. Scannable NZ offers a cloud-based prototype platform that allows end-to-end traceability for its users' equipment and offers, access to manufacturer data and compliance documents through its mobile application. The platform helps height safety technicians manage and conduct compliance testing on safety gear like helmets, harnesses, ropes, and carabiners, and its client base includes technicians working in the renewable energy, tree maintenance, rope access, construction, and telecommunications sectors.  As of 2022, the company generates revenue by offering its service for a monthly subscription fee, which starts as a free variant, and a USD 10 per month variant called Ascent for smaller teams. The company plans to use the November 2024 funding to accelerate its products and services and increase its workforce.

## Funding rounds

- Seed, Nov 18, 2024, $3M — DCM, Aura Ventures, NZ Growth Capital Partners
- Seed, Dec 16, 2022, $1.3M — NZ Growth Capital Partners, Hillfarrance Venture Capital

## Investors

- NZ Growth Capital Partners (https://capitalatlas.ai/funds/nz-growth-capital-partners) — Seed
- Hillfarrance Venture Capital (https://capitalatlas.ai/funds/hillfarrance-venture-capital) — Seed
- DCM (https://capitalatlas.ai/funds/dcm) — Seed
- Aura Ventures — Seed