SmartTrack

SmartTrack is a mobile-first asset management platform designed primarily for schools and educational organizations. It allows users to track assets such as textbooks, technology, musical instruments, and curriculum materials using barcode scanning and smartphones, eliminating the need for specialized hardware or extensive training. The platform positions itself as an affordable, fast, and simple solution to the widespread problem of lost or misplaced school resources, which costs schools millions of dollars annually due to procurement overlap and misplacement. The company originated in 2015 as part of the University of Pennsylvania's Penn Policy Challenge, where the founding team—comprising educators, policy professionals, and technologists—interviewed experts and identified the scale of the asset management problem in education. Their guiding philosophy is that a zip code should not determine the quality of a child's education. SmartTrack's solution aims to streamline inventory processes for educators while providing oversight for administrators and regulatory bodies. SmartTrack's pricing is set at $199 per school per year for unlimited use, and the company claims its pricing will never exceed 10% of the savings generated by using the system. Setup takes about ten minutes, and the platform can get an entire school or network onto a unified asset management system within a single day. The system is described as five times faster than traditional pen-and-paper inventory methods. While its primary market is K-12 schools in the United States, the platform is also applicable to other organizations needing asset tracking. As of the available evidence, SmartTrack operates as a private company. Its website features a blog, support resources, and a demo option. The company continues to promote its mission of helping schools save time and money through efficient asset management.

SmartTrack was founded in 2015 as part of the University of Pennsylvania's Penn Policy Challenge. The founding team, composed of educators, policy professionals, and technologists, came together around the belief that a zip code should not determine the quality of a child's education. During the competition, they interviewed experts across the inventory and education sectors and discovered that schools across the United States were losing millions of dollars worth of resources annually, primarily due to procurement overlap—when administrators make purchases without accurate knowledge of existing inventory—and misplaced items. The team recognized that any effective solution needed to address multiple facets of the problem: it had to be affordable, streamline the inventory process for educators, and provide oversight for administrators and government regulatory offices. This led to the development of SmartTrack, a mobile-first asset management platform that uses barcode scanning and smartphones to track assets such as textbooks, technology, musical instruments, and curriculum materials. SmartTrack's platform is designed to be set up in about ten minutes, with no special hardware or training required. The company claims its system is five times faster than the standard pen-and-paper inventory method and can get an entire school or network onto a unified asset management platform within a single day. Pricing is set at $199 per school per year for unlimited use, and the company states that its pricing will never exceed 10% of the savings generated by using the system. The company's website includes features such as a blog, support resources, and a demo option. While specific details about later funding rounds, leadership changes, or expansions are not available in the provided evidence, SmartTrack continues to operate as a private company focused on serving the education sector in the United States.

• 2015

  SmartTrack originated as part of the University of Pennsylvania's Penn Policy Challenge.

Affordable, fast, and simple mobile-first asset management for schools

• SmartTrack asset management platform

  A mobile-first platform for tracking assets and inventory using barcode scanning and smartphones, designed for schools and organizations.

1. 1SmartTrack - The Mobile-First Asset Management Platformgosmarttrack.com
2. 2About Us | SmartTrackgosmarttrack.com
3. 3SmartTrackwikidata.org