What is Scoutmob?
Scoutmob operates in the dynamic local commerce and content space, leveraging mobile technology to connect consumers with exclusive discounts and curated local experiences. The company's core offering involves delivering these deals directly to users' smartphones through dedicated iPhone and Android applications, as well as via text message. Utilizing location-based technology, Scoutmob ensures that deals are instantly redeemable, providing a seamless and immediate value proposition for its user base. Founded in Atlanta in 2010, the company has aimed to motivate urban exploration by making local discovery both accessible and rewarding through its innovative mobile-first approach.
How much funding has Scoutmob raised?
Scoutmob has raised a total of $4.8M across 2 funding rounds:
Unspecified
$1.5M
Unspecified
$3.3M
Unspecified (2011): $1.5M with participation from New Atlantic Ventures
Unspecified (2012): $3.3M, investors not publicly disclosed
Key Investors in Scoutmob
New Atlantic Ventures
New Atlantic Ventures is a venture capital firm that specializes in seed and early-stage technology investments. They focus on companies at the intersection of emerging consumer trends and technological disruption, supporting founders who are reshaping digital interactions and services.
What's next for Scoutmob?
With the recent infusion of major strategic capital, Scoutmob is poised to further solidify its market presence and potentially expand its service offerings. The enterprise-level funding suggests a focus on scaling operations, enhancing technological infrastructure, and possibly exploring new geographic markets or partnership opportunities. This strategic investment is likely to fuel initiatives aimed at deepening user engagement and broadening the network of local businesses featured on the platform. The company's trajectory indicates a commitment to leveraging its mobile-centric model to capture a larger share of the local deals and discovery market, with future developments potentially including advanced personalization features or expanded content verticals.
See full Scoutmob company page
