About Scoot Networks
Scoot Networks is a Transportation, Automotive & Logistics company based in San Francisco (United States) founded in 2011, and was acquired by Bird in June 2019. Electric kick scooters are shared through a mobile app platform. Scoot Networks has raised $6.23 million across 6 funding rounds from investors including Bird, Elemental Impact and Mahindra Partners. Its chief executive, as recorded, is Travis VanderZanden. Its focus areas include Energy Tech, Electric Vehicles, Vehicle as a Service and Scooters. Its legal entity is SCOOT NETWORKS, INC. Its competitors include Boaz Bikes, Scoozer and Scoobi.
Company details
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.
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 $6.23M
- Total Rounds 6
- First Round $225,000
(Jun 2011)
- Investors Count 10
All 6 funding rounds of Scoot Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2018 | Series B | – | Elemental | – | |
| Jun 2016 | Series B | – | – | ||
| Oct 2014 | $3.56M | Series A | – | – | – |
| Dec 2013 | $1.9M | Seed | – | – | |
| Sep 2012 | $550,000 | Seed | – | – | – |
| Jun 2011 | $225,000 | Seed | – | – |
11 investors in total: 7 institutional and 4 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Climate tech startups are accelerated and incubated by Elemental Excelerator. | elementalexcelerator.com | Honolulu, United States | ||
Venture capital firm backed by Mahindra group | mahindrapartners.com | Mumbai, India | ||
Sector-agnostic venture capital firm funding companies in the US | vision-ridge.com | Boulder, United States | ||
US venture capital investments are managed by Gotham Gal firm. | gothamgal.com | New York, United States | ||
Venture capital investments in consumer businesses, emphasizing technology and human behavior. | maveron.com | |||
| greenstart.com | ||||
Electric kick-scooters are rented through an app-based platform. | 2017 | bird.co | Miami, United States | |
JW Joanne Wilson | Angel investor, blogger at Gotham Gal, focused on women-led startups | unknown_3a73420f5b2d4394b | ||
RA Rodney Aiglstorfer | Angel investor and tech entrepreneur, founder of EquityZen, focused on Indian startups | unknown_d53d67b1d71941f0b | ||
JF Jerry Fiddler | unknown_22502ca3c394439e8 |
Investor details for Scoot Networks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Scoot Networks
35 people are tracked at Scoot Networks (8 in leadership, 8 in board & advisors, 19 in team).
| Name | Role | Group |
|---|---|---|
Travis VanderZanden | CEO | Leadership |
Michael Washinushi | Interim CEO | Leadership |
Michael Batchelor | VP Of Engineering | Leadership |
H. Joseph Prodan | CFO | Leadership |
Jj Bitove | Vp, Corporate Development & Strategy | Leadership |
Hunter Gray | CTO | Leadership |
Elliott Levin | Director, Strategic Finance | Leadership |
Bruno Lopes | Director | Leadership |
Philip Ryan | Director | Board & advisors |
Kevin Talbot | Director | Board & advisors |
Antonio Occhionero | Board Member | Board & advisors |
John Ivan Bitove | Chairperson | Board & advisors |
Tom O'Brien | Advisor | Board & advisors |
Roelof Botha | Director | Board & advisors |
David Sacks | Director | Board & advisors |
Harvey L. Tepner | Director | Board & advisors |
Bogdan Chifor | Staff Software Engineer - Data | Team |
Ferny Ravel Arana | Accounts Payable Specialist, Global AP Team | Team |
Peter Tsapoitis | Senior Accountant | Team |
Alvin Magh | Staff Software Engineer | Team |
15 more people are available in the full profile.
Complete people profiles for Scoot Networks
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Timeline of Scoot Networks
4 dated milestones of Scoot Networks across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Scoot Networks is founded.
- Funding First funding round of $225K.
- Funding Latest funding round, Series B,.
- Exit Acquired by Bird.
Competitors of Scoot Networks
Scoot Networks has 3 listed competitors in our database. They include Boaz Bikes, Scoozer and Scoobi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| boazbikes.com | 2018 | Detroit, United States | App-based platform offering electric scooter rental services | |||
| scoozer.net | 2019 | Brooklyn, United States | Rents electric scooters for convenient mall shopping and bag storage. | |||
| scoobi.co | 2018 | Pittsburgh, United States | Electric scooters are rented and accessed via app in Pittsburgh. |
Detailed competitors of Scoot Networks
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Scoot Networks (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | 2,813 | ||
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 |
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Related news about Scoot Networks
Complete news archive for Scoot Networks
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Frequently Asked Questions about Scoot Networks
Scoot Networks was founded in 2011.
Scoot Networks is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Travis VanderZanden is the CEO of Scoot Networks, as recorded in our data.
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 Seed of $225K, raised on Jun 2011.
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.
Scoot Networks's top competitors include Boaz Bikes, Scoobi and Scoozer.
Scoot Networks has 11 investors. Key investors include Bird, Elemental Impact, Mahindra Partners, Vision Ridge Partners, and Gotham Gal.
Scoot Networks operates through Scoot Networks, Inc.
Yes. Scoot Networks was acquired by Bird in June 2019.