About ScootPad
ScootPad is a company based in Milpitas (United States) founded in 2011 was acquired by ACT in May 2020.. ScootPad has raised $1.6 million across 2 funding rounds from investors including ACT. ScootPad operates in a competitive market with competitors including Amplify, EVERFI, Numerade, Carnegie Learning and IXL Learning, among others.
- Headquarter Milpitas, United States
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Sectors
Education
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Phone
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Website
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Social
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- Legal Name Scootpad Corporation
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Funding Insights of ScootPad
ScootPad has successfully raised a total of $1.6M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in November 2013. 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 2
- Last Round Seed — $1.0M
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First Round
First Round
(26 Feb 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2013 | Amount | Seed - ScootPad | Valuation |
investors |
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| Feb, 2013 | Amount | Seed - ScootPad | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 ScootPad
ScootPad has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ACT. 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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College and career readiness solutions are provided by ACT.
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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 ScootPad
| 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 - ScootPad
| 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 |
Scootpad Comparisons
Competitors of ScootPad
ScootPad 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 Amplify, EVERFI, Numerade, Carnegie Learning and IXL Learning, 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 |
High-quality K-12 curriculum and assessments are provided by Amplify.
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| domain | founded_year | HQ Location |
Online courses for workplace, higher, and school education are offered.
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| domain | founded_year | HQ Location |
Provider of study assistance platform for students
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| domain | founded_year | HQ Location |
Maths learning resources and curricula are provided for students.
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| domain | founded_year | HQ Location |
Personalized instruction in core subjects is delivered via subscriptions.
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| domain | founded_year | HQ Location |
Cloud-based assessments and learning resources are provided for students.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Scootpad
Frequently Asked Questions about ScootPad
When was ScootPad founded?
ScootPad was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is ScootPad located?
ScootPad is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Is ScootPad a funded company?
ScootPad is a funded company, having raised a total of $1.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Feb 26, 2013.
What does ScootPad do?
ScootPad was founded in 2011 in Milpitas, United States, as an adaptive learning platform in the education technology sector. Instruction is provided for Grades K-8 in math, reading, spelling, vocabulary, and writing, with operations spanning over 2,700 schools. Services include study boards, assignments, word lists, student plans, e-books, and continuous assessments, all accessible 247. Premium subscription models are utilized to serve individual students, schools, and districts.
Who are the top competitors of ScootPad?
Who are ScootPad's investors?
ScootPad has 1 investor. Key investors include ACT.
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