Scout GPS
Latest round
- Series A
Last raised
- Oct 2010
Total raised
- $7.2M
Investors
- 2
About Scout GPS
Scout GPS specializes in advanced navigation solutions aimed at improving driver safety and decision-making.50 mn with investments from Flybridge Capital Partners and Kepha Partners.Scout Maps specializes in providing advanced navigation solutions aimed at enhancing driver safety and decision-making. Its core product is a mobile and in-car application that utilizes artificial intelligence to calculate the safest routes for users, factoring in historical incident data to avoid hazardous roads. Additionally, the platform offers real-time traffic updates, speed limit notifications, and driving insights to encourage safer driving habits. The application is designed for both individual consumers and automotive manufacturers, and is accessible via mobile app stores, including Google Play for Android devices and the Google Automotive Play Store for in-car systems.Scout Maps generates revenue through subscription-based services and partnerships with automotive manufacturers. The application offers various functionalities that may be included in different pricing tiers, allowing users to select a plan that best suits their driving needs. Subscribers benefit from enhanced features such as personalized driving insights and real-time alerts, which integrate seamlessly into their navigation experience. The partnership model may involve direct collaborations with car manufacturers, who can offer Scout Maps as a pre-installed feature in their vehicles, thereby expanding its reach to new users.Scout GPS is focused on expanding its product offerings and market reach. Plans include the development of new features and functionalities for its application, with potential enhancements aimed at improving user experience slated for release in the coming year. The company is also targeting expansion into key markets in Europe and Asia by late 2022.50 mn will be utilized to bolster these initiatives, enhancing product development and facilitating entry into new geographical regions.
Who invested in Scout GPS
2 investors across 2 rounds
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Questions about Scout GPS
Who invested in Scout GPS?
Scout GPS has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Scout GPS raised?
Scout GPS has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Scout GPS last raise money?
Scout GPS's most recent round on record is a Series A, in Oct 2010.
What does Scout GPS do?
Scout GPS specializes in advanced navigation solutions aimed at improving driver safety and decision-making.
Where is Scout GPS headquartered?
Scout GPS is headquartered in Santa Clara, US.
Which VCs invest in companies like Scout GPS?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Scout GPS's stage. Their profiles are linked below.
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