# Scoot Rides

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/scoot-rides

- Industry: Transportation Services
- Headquarters: San Francisco, US
- Website: www.scoot.co
- Total disclosed funding: $34M
- Latest round: Series B (Jun 28, 2018)
- Investors on record: 6

## About

Founded in 2011 and based in San Francisco, California, Scoot Rides, Inc., formerly known as Scoot Networks, Inc., and also known as Scoot or Scoot Rides. The company develops and operates a mobile application that enables users to share electric scooters and mopeds. Customers can locate, rent, and operate electric scooters from the available locations by going online or using a mobile application.
The company raised USD 25 million in a Series B funding round in 2018 and in 2019, Scoot was acquired by Bird.

Scoot Rides offers electric scooters including Scoot Kicks, Adaptive Scooters, Scoot mopeds. 

The company generates revenue by renting its electric scooters. The fee for Scoot moto rides is USD 4 for the first 15 minutes and USD 0.10 a minute after that and Scoot Kicks are USD 1 to unlock and USD 0.29 a minute after that.

## Funding rounds

- Series B, Jun 28, 2018, $25M — Elemental Impact
- Series A, Jun 28, 2016, $7.5M — Mahindra Partners, Vision Ridge Partners
- Seed, Mar 31, 2013, $1.1M — Scout Ventures, Krillion Ventures, SeedInvest

## Investors

- Scout Ventures (https://capitalatlas.ai/funds/scout-ventures) — Seed
- Krillion Ventures (https://capitalatlas.ai/funds/krillion-ventures) — Seed
- SeedInvest — Seed
- Mahindra Partners (https://capitalatlas.ai/funds/mahindra-partners) — Series A
- Vision Ridge Partners — Series A
- Elemental Impact (https://capitalatlas.ai/funds/elemental-impact) — Series B