Scanntech Secures $180 Million Series F Financing for Expansion in Latin America
Scanntech, a leading retail intelligence platform in Latin America, has raised $180 million in a Series F funding round led by L Catterton and co-led by Partners Group. Other participants include Bradesco and SPX. The capital will be used to expand geographically, enhance product offerings, and develop AI capabilities. The company transforms point-of-sale data into actionable insights for retailers and consumer goods companies across Brazil, Mexico, Colombia, and other Latin American markets. Its platform covers over 80% of retail sell-out in these regions based on actual transactions rather than estimates. Scanntech works with more than 600 manufacturers to build a growing ecosystem. The investment aligns with increasing demand for data-driven decision-making among retailers as new products and channels emerge across the region. L Catterton, Partners Group, and Bradesco will provide strategic support in scaling operations and developing AI-powered solutions.
Topics: AI funding geographic_expansion growth_capital product_innovation