# ScanTrust

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/scantrust

- Industry: Software
- Headquarters: Lausanne, Switzerland
- Website: www.scantrust.com
- Total disclosed funding: $6.8M
- Latest round: Series A (Jul 1, 2025)
- Investors on record: 8

## About

ScanTrust SA offers innovative QR code solutions that enhance security and traceability for global brands. Their services help combat counterfeiting, improve supply chain transparency, and support digital engagement with consumers.ScanTrust SA was founded in 2014 in Lausanne, Switzerland, focusing on secure QR code solutions. The company has closed a total of 4 deals, with its latest funding round being a Series A raise of USD 4.20 mn on February 23, 2021, led by Credit Suisse Entrepreneur Capital and supported by multiple investors. The company is co-founded by Justin Picard and Nathan Anderson, who also serves as CEO. The funding was directed towards scaling operations and enhancing their product suite.ScanTrust specializes in providing a comprehensive suite of QR code solutions tailored for global brands. Their core offerings include secure QR codes designed for anti-counterfeiting, supply chain traceability, and digital product passports. These services enable companies to connect with customers, adhere to digital labeling laws, detect counterfeits, and resolve distribution issues. By leveraging flexible URL redirection and dynamic landing pages, clients can create personalized marketing campaigns that enhance consumer engagement. ScanTrust’s solutions cater to diverse industries including automotive, consumer goods, and food & beverage, serving customers in various geographical markets such as Europe, North America, and Asia-Pacific.ScanTrust generates revenue through a structured business model that encompasses subscriptions and partnerships primarily targeting B2B clients. Their offerings are often bundled into comprehensive service packages that include flagship products such as the Enterprise QR Code Generator and Digital Product Passports. Clients engage in transactions by purchasing access to these solutions, often through annual or monthly subscription plans. Additionally, ScanTrust collaborates with brands and manufacturers to implement customized anti-counterfeiting measures and traceability systems, facilitating a direct-to-consumer approach as well as retailer partnerships. The revenue structure reflects a commitment to providing scalable solutions that align with the operational needs of their clients.ScanTrust plans to leverage its recent Series A funding of USD 4.20 mn to expand its product offerings, particularly in the realm of anti-counterfeiting technologies and digital labeling solutions. They aim to penetrate new markets in Asia-Pacific and North America by 2023, focusing on sectors like food and beverage and consumer goods. The funding will support the development and launch of new products designed to enhance consumer engagement and streamline supply chain operations.

## Funding rounds

- Series A, Jul 1, 2025, $0.1M — Orbit Ventures
- Series B, Feb 23, 2021 — SOSV
- Series A, Nov 14, 2017, $4.2M — Credit Suisse Entrepreneur Capital, ID Capital, SOSV, Alumni Ventures Group, Innogy Ventures, Privilege Management SA
- Seed, May 4, 2015, $1.2M — SOSV, AngelVest
- Series A, Mar 4, 2015, $1.3M — SOSV

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Series A, Seed, Series B
- AngelVest — Seed
- Credit Suisse Entrepreneur Capital (https://capitalatlas.ai/funds/credit-suisse-entrepreneur-capital) — Series A
- ID Capital — Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- Innogy Ventures (https://capitalatlas.ai/funds/innogy-ventures) — Series A
- Privilege Management SA (https://capitalatlas.ai/funds/privilege-management-sa) — Series A
- Orbit Ventures (https://capitalatlas.ai/funds/orbit-ventures) — Series A