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Scanntech raises $180 million Series F to expand POS-data intelligence and AI across Latin America

By Freedom251 Team · · 4 min read

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Montevideo-based Scanntech announced a $180 million Series F on October 13, 2026, to expand its retail-intelligence platform, geographic reach and AI capabilities. L Catterton led the financing, with Partners Group joining as co-lead and Bradesco and SPX participating.

Who invested in Scanntech’s Series F?

The financing was led by L Catterton, a consumer-focused investment firm. Partners Group subsequently joined as co-lead through its private-equity growth strategy. Brazilian financial-services group Bradesco and investment firm SPX also participated.

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Investor Role in the round Stated rationale or contribution
L Catterton Lead investor Consumer-investing experience and relationships with retailers and brands
Partners Group Co-lead investor Operational expertise in scaling high-growth businesses
Bradesco Participant Financial-services expertise and connections
SPX Participant Participation disclosed in the financing announcement; no further role was specified

The investor rationales are descriptions from the companies involved. They do not, by themselves, establish future performance or specific commercial partnerships.

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What Scanntech does

Founded in Uruguay in 1992, Scanntech builds retail-intelligence, data-analytics and marketing-services products for retailers, consumer-goods companies and distributors. Its platform connects directly to retailers’ point-of-sale systems rather than relying only on periodic surveys or small consumer panels.

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From individual tickets to market intelligence

Each point-of-sale transaction can include product, quantity, price, timing and location details. Scanntech processes this ticket-level information into views of what is selling, where demand is changing and how shoppers respond to pricing or promotions. Those outputs are designed to help retailers operate stores and inventory more effectively while giving brands and distributors a closer view of sell-out activity.

Scanntech says its direct POS connections capture and process daily ticket-level transaction data representing more than 80% of retail sell-out in the markets where it operates. That is a company-reported coverage figure; it is not a claim that the platform covers 80% of all Latin American retail or every country equally.

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Why direct POS data is strategically important

Greater detail than sampled measurement

Ticket-level feeds can show actual purchases at a granular level, including product and basket behavior. This differs from estimates based on sampled stores, delayed reports or consumer recollection. The practical value depends on the consistency, quality and representativeness of the connected retailers.

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Faster decisions for several customer groups

  • Retailers: monitor sell-out, identify local demand changes and support assortment, pricing and replenishment decisions.
  • Consumer-goods companies: evaluate category performance, promotions and distribution using observed transactions.
  • Distributors: use market signals to plan supply and understand downstream demand.

Because Scanntech connects to operating checkout systems, the platform is positioned as both a data network and an analytics service. Its advantage depends on maintaining those integrations and turning raw transactions into decisions that customers can act on.

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How Scanntech plans to use the $180 million

Scanntech says the new capital will support several connected priorities:

  1. Geographic expansion: extend the company’s presence into additional markets beyond its existing Latin American footprint.
  2. Product innovation: develop and broaden tools built on the company’s retail transaction network.
  3. More analytics and AI: add analytical and artificial-intelligence capabilities to help customers extract value from transaction data.
  4. New markets and consumer categories: apply the platform to additional retail segments and categories.
  5. AI-powered customer solutions: create products intended to improve the value delivered to retailers, brands and distributors.

The announcement does not specify a country-by-country expansion schedule, individual product launches or how the financing will be divided among these initiatives.

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What the investors say about Scanntech’s platform

Scanntech co-founder and chief executive officer Raúl Polakof said the company has grown by giving retailers and consumer-goods companies “the clarity to act faster, more efficiently, and with greater confidence.”

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Dirk Donath, managing partner at L Catterton Latin America, described Scanntech’s network as capturing “an exceptionally detailed picture of how consumers across Latin America are shopping and how these behaviors are changing.”

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Tiago Andrade, head of private equity and growth equity in Latin America at Partners Group, said Scanntech had built a “hard-to-replicate data network and an intelligence platform that delivers tangible value for customers.” These are investor and management assessments, not independently measured results disclosed with the financing.

What has not been disclosed

The Series F announcement does not disclose Scanntech’s transaction valuation, revenue, profitability, customer count, employee total or a country-by-country breakdown of operations. The $180 million figure therefore indicates the size of the financing, not the company’s valuation or annual sales.

The announcement also does not state whether the round included a secondary share sale, the exact ownership stakes acquired by investors, or a timetable for deploying the funds. Those details would be needed to assess dilution, valuation and the financial impact on existing shareholders.

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Why this round matters for retail technology

Retailers and brands increasingly want measurement closer to the checkout rather than broad market estimates alone. Scanntech’s model combines direct POS connectivity, daily transaction processing and analytics for multiple participants in the retail supply chain. If the company expands its network while preserving data quality and privacy controls, additional coverage could make its insights more useful across categories and markets.

The financing gives Scanntech resources to pursue that expansion and to add AI-driven products. Whether those investments produce faster growth or measurable customer outcomes will depend on execution, adoption and the company’s ability to turn a large transaction network into reliable recommendations.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Artificial IntelligenceLatin Americapoint-of-sale dataRetail TechnologyScanntechventure capital

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