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ScanWatch logo — Reduce Checkout Losses, Improve Customer Experience

ScanWatch

Reduce Checkout Losses, Improve Customer Experience

Founded 2021 Lithuania Lithuania 10 employees Seed Total: $500.00K Big Data, Computer Vision +2

General Information

Company Name ScanWatch
Founded Year 2021
Location Lithuania Lithuania
Employees 10
Industries Big Data, Computer Vision, Privacy and Security +1
Funding Stage Seed
Social

BounceWatch is an independent company data service, not affiliated with ScanWatch. To contact ScanWatch, visit scanwatch.ai.

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About ScanWatch

ScanWatch, established in 2021 and headquartered in Lithuania, operates within the Big Data, Computer Vision, Privacy and Security, and Retail sectors. The company's slogan, "Reduce Checkout Losses, Improve Customer Experience," encapsulates its mission to address common inefficiencies at checkout points.

The ScanWatch platform revolutionizes retail by integrating with existing checkout hardware, leveraging inbuilt cameras to instantly recognize scanned items. This proactive solution not only reduces checkout fraud but also enhances the shopper experience by automating item selection.

Having secured a €500.00K Seed Round investment on 26 September 2021 from investor NETO BALTIC, ScanWatch is positioned to expand its cutting-edge solutions, offering significant ROI potential for investors keen on transformative retail technologies.

Business keywords: Retail Technology, Checkout Software, Loss Prevention, Self-checkout Solutions, Checkout Integration, Fraud Prevention, Automated Checkout, Retail Software, In-store Analytics, Product Recognition, Checkout Efficiency, Retail Hardware Integration, Camera-based Recognition

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round €500.00K 1
NETO BALTIC
NETO BALTIC
26 Sep 2021
Pre Seed Round Undisclosed 2
Evaldas Budvilaitis, Linas Švaikauskas
01 Jun 2020

ScanWatch Alternatives & Competitors

View All Alternatives
ScanWatch vs
Retellect
Retellect Lithuania

AI-powered product recognition for the retail checkout

3 employees
AI, Computer Vision
ScanWatch vs
MO-KA
MO-KA France

Margin on Experience.

Seed
18 employees
Big Data, Cyber Security
ScanWatch vs
Signatrix
Signatrix Germany

Putting the AI into Retail

Corporate Round
23 employees
AI, Computer Vision
Also compare with: ScanWatch vs RadiusAI RadiusAI View all alternatives

FAQ About ScanWatch

Reduce Checkout Losses, Improve Customer Experience
ScanWatch was founded in 2021.
ScanWatch is headquartered in Lithuania.
ScanWatch operates in Big Data, Computer Vision, Privacy and Security and Retail. Its work centres on Retail Technology, Checkout Software, Loss Prevention and Self-checkout Solutions.
ScanWatch has approximately 10 employees.
ScanWatch has completed 2 funding rounds, raising a total of $500.00K. The latest funding stage is Seed.
Top alternatives and competitors to ScanWatch include Retellect, MO-KA, Signatrix, RadiusAI, Solink. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ScanWatch and Retellect are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ScanWatch, https://bouncewatch.com/company/scanwatch, updated 14 October 2025. When citing, please name BounceWatch and link this page.

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