About Scorpion
Scorpion is a company based in Salt Lake City (United States) founded in 2001 by Rustin Kretz. It operates as a Professional Services, and Subscription Services. Scorpion has raised $100 million across 1 funding round from investors including Bregal Sagemount. Scorpion has completed 2 acquisitions, including Driven Local and MediaSmack. Scorpion offers products and services including Scorpion Convert, Website Development, SEO Services, and Digital Advertising. Scorpion operates in a competitive market with competitors including Townsquare Media, Tinuiti, AKQA, Prophet and Advantage Solutions, among others.
- Headquarter Salt Lake City, United States
- Founders Rustin Kretz
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Scorpion Design, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 M (USD)
in 1 rounds
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Latest Funding Round
$100 M (USD), Private Equity Round
Apr 14, 2021
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Driven Local
& 1 more
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Products & Services of Scorpion
Scorpion offers a comprehensive portfolio of products and services, including Scorpion Convert, Website Development, SEO Services, and Digital Advertising. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI tool designed to answer calls for businesses effectively.
Websites are built to build trust and drive revenue.
SEO is provided to improve search engine ranking significantly.
AI-powered ads are created to drive real revenue growth.
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Sales and Marketing
81 people
Leadership Team
47 people
Product Management Team
39 people
Senior Team
26 people
Creative and Marketing Team
26 people
Software Development Team
18 people
Search Team
8 people
Business Team
8 people
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Funding Insights of Scorpion
Scorpion has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $100 million completed in April 2021. 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 1
- Last Round Private Equity Round — $100.0M
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First Round
First Round
(14 Apr 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2021 | Amount | Private Equity Round - Scorpion | Valuation | Bregal Sagemount |
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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 Scorpion
Scorpion has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bregal Sagemount. 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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Investments are directed toward high-growth startups in multiple sectors.
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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 Scorpion
Scorpion has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Driven Local and MediaSmack. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Digital marketing solutions provider
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2013 | ||||
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Provider of SEO, SMM, branding, advertising, lead generation, and web design services
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Scorpion
| 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 |
Scorpion Comparisons
Competitors of Scorpion
Scorpion 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 Townsquare Media, Tinuiti, AKQA, Prophet and Advantage Solutions, 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 |
Media Company focused on radio broadcasting, live events, marketing solutions
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| domain | founded_year | HQ Location |
Digital marketing services including paid search and e-commerce are provided.
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| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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| domain | founded_year | HQ Location |
Brand and marketing consulting solutions provider
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| domain | founded_year | HQ Location |
Consumer packaged goods sales and digital marketing services are provided.
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| domain | founded_year | HQ Location |
Advertising and marketing services are delivered globally by Interpublic.
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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 Scorpion
Frequently Asked Questions about Scorpion
When was Scorpion founded?
Scorpion was founded in 2001 and raised its 1st funding round 20 years after it was founded.
Where is Scorpion located?
Scorpion is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Who is the current CEO of Scorpion?
Rustin Kretz is the current CEO of Scorpion. They have also founded this company.
Is Scorpion a funded company?
Scorpion is a funded company, having raised a total of $100M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $100M, raised on Apr 14, 2021.
What does Scorpion do?
Digital marketing solutions are offered by Scorpion to support local businesses in achieving growth. Services are focused on industries such as home services, legal, franchise, and healthcare. Website development, SEO, AI-powered advertising, and lead generation tools are provided to drive revenue. Emphasis is placed on converting leads into customers through innovative technologies like AI chat and voice assistants. Commitment is shown to maximizing client success across various sectors with tailored marketing strategies.
Who are the top competitors of Scorpion?
Scorpion's top competitors include S⁴Capital, Townsquare Media and Tinuiti.
What products or services does Scorpion offer?
Scorpion offers Scorpion Convert, Website Development, SEO Services, and Digital Advertising.
How many acquisitions has Scorpion made?
Scorpion has made 2 acquisitions, including Driven Local, and MediaSmack.
Who are Scorpion's investors?
Scorpion has 1 investor. Key investors include Bregal Sagemount.