About Skout
Skout is a company based in San Francisco (United States) founded in 2007 was acquired by MeetMe in June 2016.. Skout has raised $23.5 million across 2 funding rounds from investors including MeetMe, Andreessen Horowitz and NFX. Skout offers products and services including Skout App and Premium Features. Skout operates in a competitive market with competitors including Match, Momo, LOVOO, Mamba and Twoo, among others.
- Headquarter San Francisco, United States
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Sectors
TelecommunicationsConsumer
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Phone
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Website
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Social
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- Legal Name The Meet Group, Inc.
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Products & Services of Skout
Skout offers a comprehensive portfolio of products and services, including Skout App and Premium Features. 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.
App for connecting users through chats and livestreaming features
Tools for better matching and enhanced user experiences
Funding Insights of Skout
Skout has successfully raised a total of $23.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $22 million completed in April 2012. 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 B — $22.0M
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First Round
First Round
(02 Jul 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2012 | Amount | Series B - Skout | Valuation |
investors |
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| Jul, 2010 | Amount | Angel Round - Skout | Valuation |
investors |
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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 Skout
Skout has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include MeetMe, Andreessen Horowitz and NFX. 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 sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Venture capital firm offering funding and tools for startups in technology and investment sectors.
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New people are connected via a GPS-enabled social platform.
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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 Skout
| 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 - Skout
| 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 |
Skout Comparisons
Competitors of Skout
Skout 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 Match, Momo, LOVOO, Mamba and Twoo, 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 |
Online matchmaking listings are facilitated via a digital platform.
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| domain | founded_year | HQ Location |
A social networking platform is operated for connecting strangers.
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| domain | founded_year | HQ Location |
Social discovery and mobile dating app
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| domain | founded_year | HQ Location |
Russian online dating platform enabling user registrations and profile browsing.
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| domain | founded_year | HQ Location |
Interest-based social networking and dating connections are facilitated for users.
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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 Skout
Frequently Asked Questions about Skout
When was Skout founded?
Skout was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is Skout located?
Skout is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Skout a funded company?
Skout is a funded company, having raised a total of $23.5M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $1.5M, raised on Jul 02, 2010.
What does Skout do?
Skout was founded in 2007 in San Francisco, United States, as a mobile application focused on dating and social discovery. Users are enabled to meet individuals nearby or globally through features such as search filters, video calling, and chatting. Operations are supported by applications available for Android and iOS devices, serving users in the social networking sector.
What products or services does Skout offer?
Skout offers Skout App and Premium Features.
Who are Skout's investors?
Skout has 3 investors. Key investors include MeetMe, Andreessen Horowitz, and NFX.
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