About Scouto
Scouto is a company based in Ahmedabad (India) founded in 2018 was acquired by Spinny in February 2022. Scouto has raised $67.76 thousand across 1 funding round from investors including Spinny and Las Olas Ventures. The company has 11 employees as of April 06, 2024. Scouto offers products and services including Scouto OBD2 Device, Scouto Mobile App, and API Design. Scouto operates in a competitive market with competitors including GoFar, CaRPM, Carly, E-Trailer and Carmen Automotive, among others.
- Headquarter Ahmedabad, India
- Employees 11 as on 06 Apr, 2024
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
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Social
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- Legal Name Quixote Automotive Technologies Private Limited
- Date of Incorporation 03 Jan, 2019
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$245.38 K (USD)210.26as on Mar 31, 2023
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Net Profit
-$693.3 K (USD)-285.45as on Mar 31, 2023
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EBITDA
-$537.39 K (USD)-191.94as on Mar 31, 2023
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Total Equity Funding
$67.76 K (USD)
in 1 rounds
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Latest Funding Round
$67.76 K (USD), Seed
Sep 29, 2020
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Investors
Spinny
& 1 more
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Employee Count
11
as on Apr 06, 2024
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Acquired by
Spinny
(Feb 10, 2022)
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Products & Services of Scouto
Scouto offers a comprehensive portfolio of products and services, including Scouto OBD2 Device, Scouto Mobile App, and API Design.
Device for vehicle tracking and health monitoring services.
App for connecting OBD2 device to enable smart car features.
Adaptive API for integrated connected car solutions.
Funding Insights of Scouto
Scouto has successfully raised a total of $67.76K through 1 strategic funding round. The most recent funding activity was a Seed round of $67.76 thousand completed in September 2020. 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.
Investors in Scouto
Scouto has secured backing from 2 investors. Prominent investors backing the company include Spinny and Las Olas Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Retailer of inspected, certified pre-owned vehicles with service and finance options
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Investor details for Scouto
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Scouto
Investment portfolio details for Scouto
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Scouto
Detailed financials for Scouto
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Scouto Comparisons
Peer comparison for Scouto
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Scouto
Scouto 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 GoFar, CaRPM, Carly, E-Trailer and Carmen Automotive, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Vehicle monitoring is enabled by OBD devices and mobile apps.
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Car performance is monitored using OBD-II technology for real-time data.
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OBDII adapters and apps for vehicle diagnostics are offered.
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Electric trailers and caravans are developed for mountain travel.
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Provider of a smart device to monitor car performance
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Connected vehicle data analytics platform and applications are provided.
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Detailed competitors of Scouto
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Scouto
Complete news archive for Scouto
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Scouto
Scouto was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Scouto is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Scouto is a funded company, having raised a total of $67.76K across 1 funding round to date.
As of Apr 06, 2024, the latest employee count at Scouto is 11.
Annual revenue of Scouto is $245.38K as on Mar 31, 2023.
Scouto was founded in 2018 and is based in Ahmedabad, India, operating within the automotive technology sector. OBD port devices are supplied for vehicle integration, enabling tracking and diagnostics for health monitoring. Features such as live alerts and trip reports are included, with a mobile application accessible on Android and iOS platforms. Operations focus on real-time vehicle data management for fleet and personal use.
Scouto's top competitors include GoFar, BlueDriver and CaRPM.
Scouto offers Scouto OBD2 Device, Scouto Mobile App, and API Design.
Scouto has 2 investors. Key investors include Spinny, and Las Olas Ventures.