# Scout GPS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/scout-gps

- Industry: Internet
- Headquarters: Santa Clara, US
- Website: www.scoutgps.com
- Total disclosed funding: $7.2M
- Latest round: Series A (Oct 21, 2010)
- Investors on record: 2

## About

Scout GPS delivers innovative navigation solutions, enhancing driver safety through its AI-powered mobile and in-car applications, designed to optimize route selection and improve overall driving experiences.Scout GPS specializes in advanced navigation solutions aimed at improving driver safety and decision-making. Founded in 2008 and headquartered in Santa Clara, US, the company has successfully completed three funding deals. The most recent was a Series A funding round on 2 September 2011, raising USD 2.50 mn with investments from Flybridge Capital Partners and Kepha Partners. The founder of Scout GPS has a history of involvement in technology ventures, although specific prior companies are not documented.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 is currently available in various geographical markets, enabling users to access its features across major urban areas in North America and Europe.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. Revenue is derived from both direct-to-consumer subscriptions and B2B arrangements with automotive companies seeking to enhance their vehicles' safety and navigation offerings.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. The recent funding of USD 2.50 mn will be utilized to bolster these initiatives, enhancing product development and facilitating entry into new geographical regions.

## Funding rounds

- Series A, Oct 21, 2010, $2.5M — Flybridge Capital Partners, Kepha Partners
- Series A, Jul 2, 2008, $4.7M — Flybridge Capital Partners

## Investors

- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Series A
- Kepha Partners (https://capitalatlas.ai/funds/kepha-partners) — Series A