About Scoot Networks
Scoot Networks is a company based in San Francisco (United States) founded in 2011 was acquired by Bird in June 2019.. Scoot Networks has raised $6.23 million across 6 funding rounds from investors including Bird, Elemental Impact and Mahindra Partners. Scoot Networks operates in a competitive market with competitors including Niu, Boaz Bikes, Scoozer, Scoobi and Easy E Bikes, among others.
- Headquarter San Francisco, United States
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Scoot Networks, Inc
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Funding Insights of Scoot Networks
Scoot Networks has successfully raised a total of $6.23M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(01 Jun 2011)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Series B - Scoot Networks | Valuation | Elemental |
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| Jun, 2016 | Amount | Series B - Scoot Networks | Valuation |
investors |
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| Oct, 2014 | Amount | Series A - Scoot Networks | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Scoot Networks
Scoot Networks has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Bird, Elemental Impact and Mahindra Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Climate tech startups are accelerated and incubated by Elemental Excelerator.
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Founded Year | Domain | Location | |
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Venture capital firm backed by Mahindra group
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Founded Year | Domain | Location | |
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Sector-agnostic venture capital firm funding companies in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Scoot Networks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Scoot Networks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Scoot Networks Comparisons
Competitors of Scoot Networks
Scoot Networks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Niu, Boaz Bikes, Scoozer, Scoobi and Easy E Bikes, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric scooters are developed and fleets are provided for ride-sharing.
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| domain | founded_year | HQ Location |
App-based platform offering electric scooter rental services
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| domain | founded_year | HQ Location |
Rents electric scooters for convenient mall shopping and bag storage.
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| domain | founded_year | HQ Location |
Electric scooters are rented and accessed via app in Pittsburgh.
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| domain | founded_year | HQ Location |
Provides electric bike and scooter rentals for Hawaiian tourism and exploration.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Scoot Networks
Frequently Asked Questions about Scoot Networks
When was Scoot Networks founded?
Scoot Networks was founded in 2011.
Where is Scoot Networks located?
Scoot Networks is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Scoot Networks?
Travis VanderZanden is the current CEO of Scoot Networks.
Is Scoot Networks a funded company?
Scoot Networks is a funded company, having raised a total of $6.23M across 6 funding rounds to date. The company's 1st funding round was a Series A of $3.56M, raised on Jun 01, 2011.
What does Scoot Networks do?
Scoot Networks was founded in 2011 in San Francisco, United States, focusing on the urban mobility sector. Electric kick scooters are offered for sharing via a dedicated mobile application available on Android and iOS. Users locate and book vehicles, unlock them by scanning QR codes, and complete rides by parking at designated spaces. Operations emphasize app-based access to facilitate short-distance urban travel.
Who are the top competitors of Scoot Networks?
Scoot Networks's top competitors include Niu, Boaz Bikes and Scoobi.
Who are Scoot Networks's investors?
Scoot Networks has 11 investors. Key investors include Bird, Elemental Impact, Mahindra Partners, Vision Ridge Partners, and Gotham Gal.
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