Scanntech Uruguay, the company behind vast retail networks and critical market intelligence across Latin America, has secured $180.0M in funding from L Catterton. The investment backs a firm that boasts Uruguay's largest network of retail stores and an expansive information network in Brazil, covering 70% of total supermarket and self-service sales.
Through its more than 19,000 connected points of sale, Scanntech annually facilitates $100 billion in transactions, providing invaluable data for consumer goods companies. The company, which also operates in Argentina, Peru, and Paraguay, continues its regional expansion.
