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Scanntech, a Leading Latin American Retail Intelligence Platform, Announces $180 Million Series F Financing

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Growth Capital Will Support Continued Geographic Expansion, Product Innovation, and AI Capabilities

NEW YORK and SÃO PAULO, Oct. 13, 2026 /PRNewswire/ — Scanntech, the leading retail intelligence, data analytics, and marketing services platform in Latin America, today announced a $180 million Series F investment led by L Catterton, the largest global consumer focused investment firm. Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, subsequently joined as co-lead through its private equity growth strategy. Bradesco and SPX also participated in the round. The investment will provide Scanntech with substantial growth capital to support its continued expansion and development.

Scanntech transforms granular, ticket-level point-of-sale data into actionable market intelligence for retailers, consumer goods companies, and distributors. Its platform uses real-time data to provide a comprehensive view of purchasing behavior and market dynamics, helping businesses anticipate shifts in demand, develop more relevant products, improve planning, and execute more effectively through pricing, promotions, assortment, and inventory. Scanntech has extensive retail coverage in Brazil, Mexico, Colombia, and several other markets in Latin America.

In the markets where Scanntech operates, its ticket-level data covers more than 80% of the retail sell-out, based on actual transactions rather than statistical expansion. Scanntech works with more than 600 manufacturers, creating a data ecosystem that becomes richer and more valuable as the platform grows. Built on direct connections to the point of sale, the platform captures actual transactions at scale, giving clients a complete and current view of the consumer economy. Scanntech is benefiting from strong demand for local retail intelligence as consumer goods companies and retailers increasingly rely on data-driven decisions, and as new products, verticals, and channels expand across Latin America.

The investment will enable Scanntech to advance its analytics and AI capabilities, broaden its product suite, and enter new markets and consumer categories, helping its clients become even more efficient. L Catterton will draw on nearly four decades of consumer investing experience, extensive relationships with leading retailers and brands, and global operating capabilities, while Partners Group will bring its deep operational expertise and track record of scaling high-growth businesses. Bradesco plans to support the Company through its financial services expertise, access, and connections. Together with management and existing shareholders, the firms will focus on accelerating geographic expansion and the development of new AI-powered solutions that generate more value for clients.

“Scanntech has grown by giving retailers and consumer goods companies the clarity to act faster, more efficiently, and with greater confidence,” said Raúl Polakof, Co-Founder and Chief Executive Officer of Scanntech. “We have built the most granular view of retail in Latin America, and we are only getting started. This round brings together investors with complementary strengths and a shared conviction in our model, alongside long-standing shareholders who have supported us for years. Benny Szylkowski, Soledad Fernandez, and I, together with the entire Scanntech team, will use this capital to accelerate our expansion into new markets, deepen our AI-powered solutions, and bring these benefits to many more retailers and brands across the region.”

“Scanntech captures an exceptionally detailed picture of how consumers across Latin America are shopping and how these behaviors are changing,” said Dirk Donath, a Managing Partner at L Catterton Latin America. “Its platform turns that data into practical intelligence that helps retailers and brands make smarter choices about what to develop, stock, price, and promote. This is directly aligned with what L Catterton does best: understanding the consumer and helping businesses translate that understanding into growth. We look forward to supporting Raúl, Benny, Soledad, and the team as they expand Scanntech’s impact across the region.”

“Scanntech has built a hard-to-replicate data network and an intelligence platform that delivers tangible value for customers,” said Tiago Andrade, Head of Private Equity / Growth Equity in Latin America at Partners Group. “Its differentiated live data capabilities, proven growth, and strong market position create meaningful runway across existing and new markets. We look forward to working alongside L Catterton and the management team to support the Company’s continued expansion.”

Warburg Pincus, Hindiana, IFC, and Endeavor will retain stakes in Scanntech following the transaction, reflecting their continued confidence in the Company’s long-term growth prospects.

J.P. Morgan acted as sole placement agent to Scanntech and the transaction is subject to customary closing conditions and regulatory approvals.

About Scanntech

Founded in Uruguay in 1992, Scanntech is the leading retail intelligence platform for the consumer goods industry in Latin America. Through direct connections to the point of sale, Scanntech captures and processes daily, ticket-level transaction data covering more than 80% of retail sell-out in the markets where it operates, replacing samples and margins of error with actual transactions, precision, and speed.

Scanntech works with more than 600 manufacturers, as well as retailers and distributors, supporting decisions from strategy to store-level execution across sales, pricing, promotions, assortment, shopper, inventory, and supply chain. The Company operates in Brazil, Mexico, Colombia, Argentina, Peru, Uruguay, and other markets in the region.

For more information, please visit www.scanntech.com.br.

About L Catterton

L Catterton is the largest global consumer-focused investment firm, with approximately $40 billion in assets under management across multiproduct platforms dedicated to private equity, credit, and real estate. The firm’s funds have the ability to invest between $5 million and $5 billion, across the capital structure, in well-positioned consumer businesses. Leveraging deep category insight, operational excellence, and a broad network of strategic relationships, L Catterton’s team of more than 200 investment and operating professionals across 18 offices partners with management teams to drive differentiated value creation across its portfolio. Founded in 1989, the firm has made over 300 investments in some of the world’s most iconic consumer brands. For more information, please visit www.lcatterton.com.

About Partners Group

Partners Group is one of the largest firms in the global private markets industry, with around 2,000 professionals and over USD 186 billion in assets under management globally. The firm has investment programs and custom mandates spanning private equity, private credit, infrastructure, real estate, royalties, and special opportunities. With its heritage in Switzerland and primary presence in the Americas in Colorado, Partners Group is built differently from the rest of the industry. The firm leverages its differentiated culture and its operationally oriented approach to identify attractive investment themes and to transform businesses and assets into market leaders. For more information, please visit www.partnersgroup.com or follow Partners Group on LinkedIn.

Media Contacts

Scanntech
Naiara Teles
+55 (11) 96931-5418
Giovanna Castro
+55 (11) 94474-2249
scanntech@loures.com.br

L Catterton
Julie Hamilton
media@lcatterton.com

Partners Group
Henry Weston
media@partnersgroup.com

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SOURCE Scanntech

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MassPay Adds Paymode Virtual Card and Premium ACH to Its Platform

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MassPay customers can now pay U.S. vendors securely through Bottomline’s Paymode® network.

MassPay is embedding Paymode’s virtual card and Premium ACH capabilities directly into its platform.Customers can pay vendors through a secure payment network without adding another system to manage.Organizations can reduce exposure to payment fraud while gaining more control and visibility over vendor payments.

LAS VEGAS and PORTSMOUTH, N.H., Oct. 13, 2026 /PRNewswire/ — Bottomline, a leading provider of business payments solutions, today announced a partnership with MassPay, a payment orchestration and global financial platform, to embed Paymode’s virtual card and Premium ACH capabilities directly into the MassPay platform. MassPay customers can now pay U.S. vendors through Paymode’s secure network alongside the payments they already run on MassPay.

As payment fraud targeting businesses continues to rise, finance teams need vendor payment methods that protect both sides of the transaction. The integration gives MassPay customers access to Paymode’s wide network of enrolled vendors and adds virtual card and Premium ACH as secure vendor payment options. Businesses can reduce fraud risk, keep better control over who gets paid and how, and manage it all on the platform they already use. For organizations still paying some vendors by check, it also offers a simple path to secure electronic payments.

“Security is at the center of every payment our customers make,” said Ran Grushkowsky, Co-Founder and CEO of MassPay. “Adding Paymode’s services gives our customers secure ways to pay vendors, backed by a trusted network, without adding another system to manage.”

“Finance teams are under pressure to protect against fraud while doing more with fewer resources,” said Gunita Bindra, Vice President, Partnerships and Business Development at Bottomline. “MassPay has built a strong platform for moving money across a wide range of payment scenarios. Together, we’re making it easier for their customers to automate vendor payments securely and move away from paper checks.”

The partnership expands Bottomline’s embedded payments ecosystem that extends access to Paymode through strategic partners who helps businesses pay and get paid digitally. Paymode capabilities will be available to MassPay customers starting November 2026.

About MassPay

MassPay is a payment orchestration and global financial platform that helps businesses move money efficiently and securely. Through a single integration, MassPay connects platforms to local rails, stablecoins, mobile wallets and real-time payout methods in 180+ countries, with built-in compliance and recipient account verification. MassPay processes tens of billions of dollars a year, with no contract lock-in and fees only on successful transactions. We care about your people getting paid, everywhere.

About Bottomline

Bottomline helps businesses transform the way they pay and get paid. Businesses and financial institutions worldwide rely on Bottomline’s solutions for business payments, cash management, fraud and risk management, and financial process automation. Paymode®, Bottomline’s B2B payments network, helps organizations drive efficiency, reduce costs and modernize vendor payments through secure electronic payment solutions.

Media Contact:
Kris Conesa
C-Suite Media Strategies
Kristopher Conesa
kconesa@csuitepr.com
305-975-5934

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SOURCE MassPay

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Suvoda makes Sofia AI assistant available for clinical trials to drive faster answers and action

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Key Takeaways

Clinical trials require guard railed AI that’s purpose built for the regulated industry that has high human stakes and required audit trails.Sofia helps make complex, fast-moving trial data more accessible to study teams who manage large volumes of time-sensitive work.Study teams can get faster answers and take confident action. Sofia goes beyond information retrieval and can execute authorized system actions on behalf of busy users while maintaining the permissions and audit trails required in clinical trials.

CONSHOHOCKEN, Pa., Oct. 14, 2026 /PRNewswire/ — Suvoda, a global clinical trial technology company, today announced that Sofia, its AI assistant on the Suvoda Platform, is ready for all new clinical trials using Suvoda RTSM/IRT or Suvoda eCOA. Sofia gives sponsors, CROs, and sites faster access to trial data and the ability to act on it—through AI built for regulated clinical research.

“Sofia handles the routine operational work so that sponsors, CROs, and sites can focus on the decisions that require their judgment,” said E.K. Koh, Chief Product Officer, Suvoda. “We built it with the rigor clinical trials demand because in this environment there is no room for a wrong answer.”

Clinical trial teams manage high volumes of time-sensitive work. They track drug inventory, review shipment details, monitor patient visit schedules, and manage questionnaire compliance across global sites. Checking those data streams can pull attention away from patients and judgment-intensive decisions. Sofia is designed to change that equation. The goal is to make complex, fast-moving trial data more accessible so teams can focus their attention where human expertise matters most.

Sofia launched first with early adopter companies that helped shape it before today’s expansion to all new Suvoda RTSM/IRT and eCOA trials.

“As an early adopter, we were impressed by how quickly our teams incorporated Sofia into their daily workflow,” said Dawn Sorenson, Director, IRT Center of Excellence, Daiichi Sankyo. “The platform’s ability to summarize documentation and answer operational questions makes information more accessible and reduces the time spent navigating systems or pulling reports. Tasks that once required multiple steps can now be addressed through a simple conversation, creating meaningful efficiency gains across study operations.”

Built differently than general-purpose AI

Some AI tools apply a large language model to a problem and hope the output is accurate. Sofia is built differently. Conversational AI maps each question’s intent to Suvoda’s validated knowledge space, where subject matter experts have translated expert guidance into validated skills. Those skills execute against live study data within a governed framework that protects the study blind and creates the audit trail clinical trials require. Today, Sofia supports more than 40 topics and is expanding continuously.

From information to action

Sofia does not stop with just answering questions. For authorized users, Sofia can execute system actions on their behalf in a single conversation. Before acting, Sofia summarizes what it will do and asks for confirmation. Every action is attributed to the requesting user, governed by existing roles and permissions, and captured in a full audit trail.

Sofia recently received the PM360 Innovation Award in the Artificial Intelligence category, reflecting the pragmatic yet innovative approach Suvoda took to create Sofia. Early adopters were instrumental to creating a system that really works for what study teams need.

Frequently Asked Questions

Q: How does Sofia handle data privacy and security?
A: Sofia operates with a zero-data retention policy, never uses customer data to train public models, and scopes every user’s access to exactly what they are already authorized to see within the Suvoda Platform.

Q: How is Sofia different from a general chatbot?
A: Sofia is a purpose-built, deterministic AI assistant that executes Suvoda-authored expert instructions against live clinical trial data within a governed framework, and it can also take authorized system actions on a user’s behalf after obtaining confirmation from the user.

Q: What languages does Sofia support?
A: Sofia responds in the language of the question, supporting global sponsor, CRO, and site teams operating across time zones and regions.

Media Contact:

Robin Abadía

Director, External Communications, Suvoda 

marketing@suvoda.com

For more Suvoda news, visit our newsroom.

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SOURCE Suvoda LLC

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AppWork Acquires Paraspot AI, Expanding into AI Vision-Powered Inspections

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RAMSEY, N.J., Oct. 13, 2026 /PRNewswire/ — AppWork, the maintenance operations and risk management platform built for multifamily property operators, has acquired Paraspot AI, the industry’s first ever video-based AI inspection platform.

Paraspot’s technology is the first in the industry to guide both residents and on-site teams through an inspection using AI that can see and understand what it sees and hears. It can automatically detect damage like cracks, stains, broken and missing items, through its video and voice intelligence models.

At move-out, the system pulls up the unit’s original move-in inspection and lines it up side by side, so it can detect what changed. The result is a complete inspection report with time-stamped photos, clear descriptions, and estimated repair costs. That level of detail gives operators the documentation to back up security deposit charges, so residents are only billed for damage they’re responsible for.

Paraspot AI brings proven experience to AppWork trained on millions of data points from thousands of multifamily, single-family, and student housing inspections. This massive dataset makes AppWork even more comprehensive and precise, giving property managers a reliable tool they can trust from day one. Some Paraspot clients have already shifted their entire inspection and security deposit process to a centralized accounting team, freeing site staff to focus on other priorities.

AppWork plans to rebuild Paraspot’s technology directly into its own system and architecture, with a release planned later this year. That will bring video based AI-guided inspections fully into the AppWork platform property teams use daily.

“We believe visual intelligence is going to be central to how multifamily operates moving forward, not just for inspections, but for due diligence, security, inventory management, asset tracking, vendor work verification, and even marketing,” said Sean Landsberg, CEO of AppWork. “When I first saw Paraspot, I thought it was a gimmick, that AI wasn’t advanced enough to trust with something like this. I was wrong, and this acquisition is us betting on how far that trust can go.”

Paraspot’s founders worked closely with AppWork following the acquisition to support the transition of the company, its customers, and technology. Yakir Saadia, co-founder and CEO of Paraspot, will continue working alongside AppWork as the technology is integrated into the AppWork platform as its new head of computer vision. “For the last five years we’ve been pushing what’s possible, building the technology that helped define what AI-powered property inspections can be,” said Saadia. “Joining AppWork means that work can now become part of a broader platform property teams already rely on every day.” Nathan Herz, co-founder and COO of Paraspot, added: “Building Paraspot from an idea into a technology used across thousands of properties in the U.S. and Europe has been an incredible journey, We saw early that advances in computer vision and AI could fundamentally change how physical assets are inspected and managed, and we built a product and business around that conviction. I’m proud of the company we built, the customers and partners who believed in us, and the outcome we achieved. With the transition now complete, I’m excited to take everything I’ve learned building, scaling, and ultimately selling Paraspot into what comes next.”

The acquisition adds improved inspection technology to a platform that already handles the rest of the maintenance workflow, from Work Orders through unit turns and compliance documentation. It also positions AppWork at the forefront of compliance standards, satisfying state requirements like California’s AB 2801, which sets new documentation standards for inspections, a direction more states are expected to follow. Inspection data will flow directly into features property teams already use, including the Make Ready Board, so inspections will connect to the workflow instead of sitting apart from it. AppWork looks forward to sharing more on how the technology will be implemented into the software in the coming months.

About AppWork

AppWork is a maintenance operations and risk management platform built for multifamily property operators. Founded in 2015 and headquartered in Ramsey, New Jersey, AppWork gives maintenance teams and property managers one place to manage Work Orders, unit turns, inspections, and compliance, backed by real technician adoption data, AI-powered AppWork Intelligence on every Work Order, and daily Insight Reports. AppWork is SOC 2 Type II certified. Learn more at appworkco.com.

About Paraspot AI

Paraspot AI provides AI guided, automated property inspections for property managers and operators across multifamily, single family, and student housing. Its platform detects damage and produces automated, evidence-backed inspection reports. Learn more at paraspot.ai

Media Contact:
Diana Di Dia
Director of Growth, AppWork
dianad@appworkco.com
512-552-5798 appworkco.com

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SOURCE AppWork

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