About Scouted
Scouted is a company based in New York (United States) founded in 2014 was acquired by Recruiter.com in February 2021.. Scouted has raised $5.04 million across 2 funding rounds from investors including Recruiter.com, The University of Texas System and M12. Scouted operates in a competitive market with competitors including Hired, Vettery, OfferZen, Youth4work and Talent, among others.
- Headquarter New York, United States
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.04 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Series A
Jun 28, 2018
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Investors
Recruiter.com
& 5 more
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Employee Count
Employee Count
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Acquired by
Recruiter.com
(Feb 02, 2021)
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Funding Insights of Scouted
Scouted has successfully raised a total of $5.04M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in June 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 2
- Last Round Series A — $5.0M
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First Round
First Round
(07 Jan 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series A - Scouted | Valuation | M12 | |
| Jan, 2016 | Amount | Seed - Scouted | Valuation | Entrepreneurs Roundtable Accelerator |
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| 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 |
Investors in Scouted
Scouted has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Recruiter.com, The University of Texas System and M12. 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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Venture capital investments in technology startups are facilitated by M12.
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Founded Year | Domain | Location | |
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Venture capital fund and fund of funds focused on the United States-based startups and funds
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Founded Year | Domain | Location | |
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Early & Expansion stage tech-focused VC firm investing in geographies such as the US
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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 Scouted
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Scouted
| 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 |
Scouted Comparisons
Competitors of Scouted
Scouted 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 Hired, Vettery, OfferZen, Youth4work and Talent, 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 |
Pre-assessed tech candidates are matched with job opportunities online.
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| domain | founded_year | HQ Location |
Pre-assessed candidates are connected to job opportunities via online marketplace.
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| domain | founded_year | HQ Location |
Developers are sourced for tech hiring via a curated platform.
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| domain | founded_year | HQ Location |
Cloud-based platform for job assessments and employer recruitment is offered.
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| domain | founded_year | HQ Location |
Tech professionals are matched with employers via a recruitment platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Scouted
Frequently Asked Questions about Scouted
When was Scouted founded?
Scouted was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Scouted located?
Scouted is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Scouted a funded company?
Scouted is a funded company, having raised a total of $5.04M across 2 funding rounds to date. The company's 1st funding round was a Seed of $40K, raised on Jan 07, 2016.
What does Scouted do?
Founded in 2014 in New York, United States, Scouted operates as a talent sourcing platform focused on entry-level professionals with 0-5 years of experience. Pre-assessed candidates are matched to organizations through predictive analytics evaluating emotional intelligence, grit, and cultural fit. Registration involves virtual video interviews, followed by periodic job recommendations. Payment is required from companies only upon successful hires, with the service currently in beta.
Who are the top competitors of Scouted?
Who are Scouted's investors?
Scouted has 6 investors. Key investors include Recruiter.com, The University of Texas System, M12, WorldQuant Ventures, and Leawood Venture Capital.
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