Scodix

About Scodix

Scodix provides digital enhancement presses for the graphic arts industry, enabling print service providers and converters to add tangible and visual effects to printed materials. The company was established in 2007 by graphic arts industry veterans Eli Grinberg and Kobi Bar. Grinberg, with over 25 years in the field and experience at companies like HP Indigo and Scitex, co-founded Scodix and initially served as CTO and VP of R&D, inventing its core technologies before becoming CEO in July 2020. The company's first major milestone was launching the first digital enhancement press at IPEX in 2010.

Scodix's business model centers on the sale of its digital enhancement presses and the recurring revenue from consumables like polymers and foils. The company targets a wide range of clients, including those in commercial print, web-to-print, publishing, and packaging. Its customer base includes high-profile brands such as Coca-Cola, Nestle, and Procter & Gamble. By offering a digital alternative to traditional analog embellishment processes like hot foiling and embossing, Scodix allows for cost-effective short-to-medium runs, personalization, and faster turnaround times. Studies have shown that print buyers are willing to pay premiums ranging from 24% to 89% for these digital enhancements over standard CMYK-only printing.

The company's core products are its series of digital enhancement presses, such as the Scodix Ultra series. A single Scodix press can perform up to 17 different applications, including raised gloss textures (Scodix Sense™), foil stamping (Scodix Foil™), glitter, metallic colors, Braille, and security features. This versatility replaces the need for multiple separate machines on the production floor. Key technologies underpinning these capabilities include Scodix RSP™ for precise registration, Scodix MLE™ for creating layered textures, and Scodix SHD™ (Smart High-Definition) for fine details. The presses are compatible with a wide variety of substrates, including paper, lamination, PVC, carton, and even uncoated and textured papers. For the fiscal year 2024, Scodix reported total revenue of $32.1 million and achieved operational profitability for the first time.