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Scoot Networks - About the company

Scoot Networks is an acquired company based in San Francisco (United States), founded in 2011 by Matt Ewing and Michael Keating. It operates as a Provider of shared electric scooters and bikes for urban transportation. Scoot Networks has raised $6.23M in funding from Elemental. The company has 50 active competitors, including 8 funded and 6 that have exited. Its top competitors include companies like Lime, Bird and Niu.

Company Details

Provider of shared electric scooters and bikes for urban transportation. The company offers alternative transportation options intended to complement existing public transit systems. It aims to provide convenient ways to navigate urban environments. The business model focuses on reducing traffic congestion and promoting environmentally friendly alternatives to traditional vehicles.
Social
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Email ID
*****@scoot.co
Key Metrics
Founded Year
2011
Location
San Francisco, United States
Stage
Acquired
Total Funding
$6.23M in 6 rounds
Latest Funding Round
Investors
Ranked
Employee Count
16 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Bird (Jun 05, 2019)

Scoot Networks's acquisition details

Scoot Networks got acquired by Bird on Jun 05, 2019 at an acquisition amount of $*****.
Click here to take a look at Scoot Networks's acquisition in detail
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Scoot Networks's funding and investors

Scoot Networks has raised a total funding of $6.23M over 6 rounds. Its first funding round was on 2011. Its latest funding round was a Series B round on Sep 26, 2018 for $*****. 1 investor participated in its latest round. Scoot Networks has 13 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Scoot Networks:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 26, 2018
4185225
Series B
4240911
2983140
2990942
7180903
Jun 28, 2016
5293608
Series B
8791765
3849991
6967206
Oct 15, 2014
1260613
Series A
1848680
1635994
5695679
4994964
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Scoot Networks' founders and board of directors

Founder? Claim Profile
The founders of Scoot Networks are Matt Ewing and Michael Keating.
Here are the details of Scoot Networks' key team members:

Scoot Networks' employee count trend

Scoot Networks has 16 employees as of Sep 26. Here is Scoot Networks's employee count trend over the years:
Employee count trend for Scoot Networks
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Scoot Networks's Competitors and alternates

Top competitors of Scoot Networks include Lime, Bird and Niu. Here is the list of Top 10 competitors of Scoot Networks, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lime
Lime
2017, San Francisco (United States), Public
App-based rental platform providing self-drive electric kick-scooter
$1.71B
84/100
2nd
Logo for Bird
Bird
2017, Miami (United States), Public
App-based rental platform providing self-drive electric kick-scooters
$765M
80/100
3rd
Logo for Niu
Niu
2014, Beijing (China), Public
Manufacturer of electric scooters, mopeds, motorcycles, and related accessories
$50M
74/100
4th
Logo for Revel
Revel
2018, Brooklyn (United States), Series B
App-based rental platform for electric scooters
$159M
72/100
5th
Logo for TIER
TIER
2018, Berlin (Germany), Series D
Operator of shared electric scooters and bicycles for urban transit
$660M
67/100
6th
Logo for Spin
Spin
2016, San Francisco (United States), Acquired
App-based platform offering electric kick-scooter sharing services
$8M
66/100
7th
Logo for VeoRide
VeoRide
2017, West Lafayette (United States), Series A
App-based platform offering multi-category electric vehicle rental services
$16M
66/100
8th
Logo for Scoot Networks
Scoot Networks
2011, San Francisco (United States), Acquired
Provider of shared electric scooters and bikes for urban transportation
$6.23M
56/100
9th
Logo for Go X
Go X
2018, San Francisco (United States), Seed
App-based electric kick scooter sharing service provider
$350K
55/100
10th
Logo for Helbiz
Helbiz
2016, New York City (United States), Public
App-based platform offering multi-category two-wheeler sharing services
$8M
55/100
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Scoot Networks's Investments and acquisitions

Scoot Networks has made no investments or acquisitions yet.

Reports related to Scoot Networks

Here is the latest report on Scoot Networks's sector:

News related to Scoot Networks

lockFilter this list
•
Bird-owned Scoot deploys new electric mopedsTechCrunch+•Oct 22, 2019•Scoot Networks
•
San Francisco grants Jump, Lime, Scoot and Spin e-scooter licensesEngadget•Sep 26, 2019•JUMP Bikes, Lime, Scoot Networks, Spin and 1 other
•
Bird is in talks to acquire scooter startup ScootTechCrunch+•Jun 05, 2019•Bird, Scoot Networks, JUMP Bikes, Uber and 1 other
•
Scoot receives permit to operate ebikes in Santiago, ChileNew Mobility•May 30, 2019•Scoot Networks
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