United States · Venture startup

Who invested in Scanbuy

7 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Software

Funding summaryUpdated 26 Oct 2026

$32Mraised across 7 rounds since 2006, from 7 sources

$5.5MSeries A$9.0MSeries B$6.8MSeries B$300KVenture$5.0MVenture$5.3MVenture
Latest round
Venture, $5.3MMay 2013
Biggest round
$9.0MSeries B · Dec 2006
Investors
4
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2007200820092010201120122013
$5.5MSeries A$9.0MSeries B$6.8MSeries B$300KVenture?Round$5.0MVenture$5.3MVenture
First round
Series A, $5.5M
Sept 2006
Biggest round
$9.0M
Series B · Dec 2006
Usual gap between rounds
15 months
the median of 6

The rounds

  1. May 2013
    Venture$5.3M

    No investor was named in the report.

    Reported by sec.govSEC filing: $5.3M sold, first sale Apr 2013

  2. Apr 2011
    Venture$5.0M2 returning

    Reported by techcrunch.comSEC filing: $3.7M sold, first sale Apr 2011

  3. Feb 2010
    RoundAmount undisclosed1 new

    Reported by techcrunch.comSEC filing: $300K sold, first sale Dec 2009

  4. Dec 2009
    Venture$300K

    No investor was named in the report.

    Reported by sec.govSEC filing: $300K sold, first sale Dec 2009

  5. Nov 2007
    Series B$6.8M

    No investor was named in the report.

    Reported by gomonews.com

  6. Dec 2006
  7. Sept 2006
    Series A$5.5M

    No investor was named in the report.

    Reported by redherring.com

Founders and team

From the SEC filings it signed: 4 on the team.

  • Alan Chai AtlasExecutive Officeri
  • Avi Chai OutmezguineExecutive Officer, Directori
  • Dan Chai DalyExecutive Officeri
  • Michael WehrsExecutive Officer, Directori

On the board, as filediAndrew Chai RashkowDennis Chai CareyEli Chai FinestoneSimon Chai PelmanStephen Chai Smith

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series A2006Series B2006Series B2007Venture2009Round2010Venture2011Venture2013MotorolaHudson VenturesLongworth Venture PartnersMV Partners

Everyone who backed them

MotorolaCorporate VC2rounds
Hudson VenturesGrowth equity2rounds
MV PartnersVC firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Scanbuy

Who invested in Scanbuy?

Scanbuy's investors include Motorola, Hudson Ventures, Longworth Venture Partners and MV Partners.

How much has Scanbuy raised?

Scanbuy has raised $32M across 7 rounds since 2006. One round did not disclose an amount, so the total is a floor.

When did Scanbuy last raise?

Scanbuy's most recent round was a Venture of $5.3M in May 2013.

What was Scanbuy's biggest round?

Scanbuy's largest round on record is $9.0M (Series B), in Dec 2006.

Who backed Scanbuy first?

Scanbuy's first round on record, in Dec 2006, was backed by Longworth Venture Partners, MV Partners and Hudson Ventures.

What stage is Scanbuy at?

Scanbuy's latest named round is a Venture, in May 2013.

Where is Scanbuy based?

Scanbuy is based in the United States.

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