About Scout
Scout is a Technology company based in New York (United States) founded in 2021 by Michael Haddix. It operates as a financial infrastructure for athletes and school administrators is provided. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. Scout has raised $3.75 million across 6 funding rounds from investors including ODF, Techstars and Gener8tor. Scout offers products and services including Scout Financial Platform, NIL Compliance Tools, and Savings & Investment App. Its focus areas include Financials, Financial Services, Wealth Management and Software. Its legal entity is ELV8 Inc. Its competitors include Titan, Opto Investments, Cleartrace, Theia Insights and One River Asset Management and 2 more; 5 of its 7 listed competitors have raised funding.
Company details
Financial management solutions for athletes and school administrators are offered by Scout. Tools for managing earnings, payments, compliance, and team finances are developed, focusing on the sports sector. Personalized financial education, salary cap management, and NIL compliance guidance are included in the services. Data-driven decision intelligence and bespoke solutions are provided to support both on-field and off-field success. Lifelong financial planning and wealth-building tools are also made available to secure athletes futures.
- Headquarters New York, United States
- Founders Michael Haddix
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website investwithscout.com
- Social LinkedIn X Instagram YouTube
- Legal Name Elv8 Inc.
- Total Equity Funding$3.75M (USD)
in 6 rounds
- InvestorsODF
& 16 more
Products & Services of Scout
Scout offers a comprehensive portfolio of products and services, including Scout Financial Platform, NIL Compliance Tools, and Savings & Investment App.
Financial tools for athletes and administrators are provided.
Compliance and NIL earnings reporting tools are offered.
Savings and investment management tools are made available.
Apps and channels of Scout
its YouTube channel Scout has 1.36K subscribers.
Funding Insights of Scout
Scout has successfully raised a total of $3.75M 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 $3.75M
- Total Rounds 6
- First Round $2.6M
(Sep 2022)
- Investors Count 17
All 6 funding rounds of Scout with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
17 investors in total: 11 institutional and 6 angel.
Investors in Scout
Scout has secured backing from 17 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include ODF, Techstars and Gener8tor.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Startups are accelerated via a 12-week program with funding support. | 2012 | gener8tor.com | Madison, United States | |
Chingona Ventures is focused on investing in early-stage startups. | – | chingona.ventures | - | |
Venture capital investments are provided by BDMI to technology companies. | – | bdmifund.com | New York, United States | |
ODF is focused on helping individuals start innovative companies. | 2018 | beondeck.com | San Francisco, United States | |
US focused early stage venture capital firm | – | reachcapital.com | San Francisco, United States | |
Venture capital investing with a focus on diversity and inclusion in the ecosystem. | – | gaingels.com | - | |
Seed-stage startups are funded by this venture capital firm. | – | hustlefund.vc | San Carlos, United States | |
- | – | alivevc.com | - | |
Provider of services to athletes on personal branding, marketing, sponsorship, and others | 2019 | joinoneteam.com | - |
Investor details for Scout
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
People of Scout
4 people are tracked at Scout (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Michael Haddix | Co-Founder | Leadership |
Cindy Zeng | Co-Founder & CTO | Leadership |
Michael Haddix Jr | Co-founder And CEO | Leadership |
Ben Weinryb Grohsgal | Senior Backend Engineer | Team |
Complete people profiles for Scout
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Scout
3 dated milestones of Scout across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Scout is founded.
- Funding First funding round of $2.6M.
- Funding Latest funding round, Angel Round,.
Competitors of Scout
Scout has 7 listed competitors in our database, 5 of them funded. They include Titan, Opto Investments, Cleartrace, Theia Insights and One River Asset Management, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| titansensor.com | 2017 | Houston, United States | $1.1M | – | Titan is focused on GPS-based athlete performance tracking solutions. | |
| optoinvest.com | 2020 | New York, United States | $145M | – | Online platform provides software solutions for financial advisors | |
| cleartrace.io | 2017 | Austin, United States | $24M | – | Carbon footprint is tracked and managed through a cloud-based platform. | |
| theiainsights.com | 2022 | Wilmington, United States | $6.5M | – | AI solutions are applied to streamline finance portfolio analysis. | |
| oneriveram.com | 2013 | Greenwich, United States | $56M | – | Diversified investment management services are offered globally. | |
| highpost.com | 2019 | New York, United States | – | – | Portfolio management solutions for private company investments are provided. | |
| valusyncit.com | 2023 | Chicago, United States | – | – | Personalized investing solutions are provided to individuals via advisor-matching platform. |
Detailed competitors of Scout
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Top companies in Investment & Financial Technology
10 companies that operate in the same segment as Scout (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | 14,747 | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | 2,713 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | 602 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | 674 | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | 1,524 |
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Related news about Scout
Complete news archive for Scout
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Frequently Asked Questions about Scout
Scout was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Scout is headquartered in New York, United States. It is registered at New York, New York, United States.
Scout is a funded company, having raised a total of $3.75M across 6 funding rounds to date. The company's 1st funding round was a Seed of $2.6M, raised on Sep 2022.
Financial management solutions for athletes and school administrators are offered by Scout. Tools for managing earnings, payments, compliance, and team finances are developed, focusing on the sports sector. Personalized financial education, salary cap management, and NIL compliance guidance are included in the services. Data-driven decision intelligence and bespoke solutions are provided to support both on-field and off-field success. Lifelong financial planning and wealth-building tools are also made available to secure athletes futures.
Scout's top competitors include Cleartrace, Opto Investments and Titan.
Scout offers Scout Financial Platform, NIL Compliance Tools, and Savings & Investment App.
Scout operates through Elv8 Inc..