About Scotty Labs
Scotty Labs is a company based in Menlo Park (United States) founded in 2017 by Usman Ghani and Tobenna Arodiogbu was acquired by DoorDash in August 2019.. Scotty Labs has raised $6.06 million across 1 funding round from investors including DoorDash, SRI and Social Capital. Scotty Labs operates in a competitive market with competitors including Vay, Phantom Auto, Ottopia, DriveU.auto and Voysys, among others.
- Headquarter Menlo Park, United States
- Founders Usman Ghani, Tobenna Arodiogbu
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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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Funding Insights of Scotty Labs
Scotty Labs has successfully raised a total of $6.06M through 1 strategic funding round. The most recent funding activity was a Seed round of $6.06 million completed in January 2018. 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 Seed — $6.1M
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First Round
First Round
(09 Jan 2018)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2018 | Amount | Seed - Scotty Labs | Valuation | Gradient Ventures |
| 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 |
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Investors in Scotty Labs
Scotty Labs has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include DoorDash, SRI and Social Capital. 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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Horizons Ventures is focused on investing in deep science and technology.
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Early-stage startups in emerging technologies are funded by Hemi Ventures.
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US focused VC firm investing in seed & growth stage companies
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Scotty Labs
| 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 - Scotty Labs
| 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 |
Scotty Labs Comparisons
Competitors of Scotty Labs
Scotty Labs 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 Vay, Phantom Auto, Ottopia, DriveU.auto and Voysys, 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 |
Remote-driving and autonomy services for electric vehicles are provided online.
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| domain | founded_year | HQ Location |
AI-powered remote safety support is offered for autonomous vehicles.
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| domain | founded_year | HQ Location |
Developer of AI-powered teleoperation solutions to remotely control autonomous vehicles
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| domain | founded_year | HQ Location |
Teleoperation of autonomous vehicles is facilitated by a tech-enabled platform.
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| domain | founded_year | HQ Location |
Software for teleoperation of vehicles, machines, and robots is provided.
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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 Scotty Labs
Frequently Asked Questions about Scotty Labs
When was Scotty Labs founded?
Scotty Labs was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Scotty Labs located?
Scotty Labs is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Who is the current CEO of Scotty Labs?
Tobenna Arodiogbu is the current CEO of Scotty Labs. They have also founded this company.
Is Scotty Labs a funded company?
Scotty Labs is a funded company, having raised a total of $6.06M across 1 funding round to date. The company's 1st funding round was a Seed of $6.06M, raised on Jan 09, 2018.
What does Scotty Labs do?
Scotty Labs was founded in 2017 in Menlo Park, United States, focusing on the autonomous vehicle sector. A teleoperations platform is being developed to allow virtual control of self-driving vehicles by humans from remote locations during complex scenarios. Operations include integration with fleets, as demonstrated by a partnership with Voyage for deploying the technology in their autonomous vehicles. The platform supports enhanced safety and flexibility in dynamic environments.
Who are the top competitors of Scotty Labs?
Scotty Labs's top competitors include Vay, Ottopia and Phantom Auto.
Who are Scotty Labs's investors?
Scotty Labs has 14 investors. Key investors include DoorDash, SRI, Social Capital, Horizons Ventures, and Hemi Ventures.
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