Scanalytics Inc., a developer of smart flooring systems, has successfully raised $333,000 in its latest funding round. This investment marks a significant step for the company, which specializes in easy-to-install smart flooring designed to help businesses reduce costs and lower their carbon footprint. Scanalytics Inc. is a Department of Energy (DOE) backed, patented, and award-winning solution provider.
The company's proprietary sensor underlayment transforms physical spaces into intelligent environments. This technology enables customers to dramatically reduce HVAC costs, gain predictive consumer behavior analytics, enhance safety, and decrease cleaning expenses. By measuring actual human foot traffic, Scanalytics Inc.'s system optimizes workforce scheduling, space utilization, and security. Its intuitive data platform assists businesses in driving traffic and increasing the return on investment of their spaces by maximizing customer engagement and measuring conversion rates for specific products and kiosks. Scanalytics analyzes foot traffic in diverse commercial settings, including smart buildings, retail stores, trade shows, senior living facilities, and educational centers.
A key differentiator for Scanalytics Inc. is its private and non-invasive approach, offering greater accuracy than traditional motion detectors or cameras. The Smart Flooring system records, stores, and analyzes foot traffic patterns, routes, and the duration individuals spend with particular products or displays. This proprietary technology gathers data passively and unobtrusively, allowing customers to tailor smart solutions to their unique operational needs.
The newly secured capital will be deployed to accelerate product development, scale operations, and expand market penetration for its patented smart flooring system. This funding is expected to further Scanalytics Inc.'s mission of delivering data-driven solutions that enhance operational efficiency and contribute to environmental sustainability across various industries.
