Scout

Scout

An investing platform that allows to build investment portfolios aligned with interests.

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DateInvestorsAmountRound
-investor investor investor investor

€0.0

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investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor

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Seed
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-31 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

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More about Scout
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Scout is a financial wellness platform designed specifically for student athletes navigating the new Name, Image, and Likeness (NIL) era. The company offers a comprehensive suite of financial services, including financial education, tax preparation, and wealth creation, all through a user-friendly mobile app. The platform is trusted by over 100 teams and aims to empower athletes to make informed financial decisions.

Scout's primary market is student athletes and their parents. The company operates in the financial technology sector, providing personalized financial education and planning solutions. The business model is tech-enabled service, where users can access live financial education sessions and receive personalized financial guidance.

The company generates revenue through its app, which offers features such as tax check-ins, investment planning, and wealth creation. Users can track their finances, plan for future wealth, and even grow their money through Scout's investing feature. The app is designed to be simple and user-friendly, making it accessible even to those without prior financial experience.

Scout was founded by Michael Haddix Jr., who serves as the CEO, and has a team of advisors that includes professional athletes from the NBA, NFL, and NWLS. This gives the company a unique insight into the financial needs and challenges of athletes.

However, like all investment platforms, Scout carries a risk. The company makes it clear that past performance does not guarantee future results, and encourages users to consult with their personal tax advisors.

Keywords: Financial Wellness, Student Athletes, NIL Era, Financial Education, Tax Preparation, Wealth Creation, Mobile App, Investment Planning, Financial Technology, Personalized Service.

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