Scout Finance

Scout Finance was a financial technology firm that developed a mobile-first financial research application aimed at simplifying how investors conduct research and analysis on public companies. Founded in 2014 and headquartered in New York, the company targeted both individual and institutional investors looking for more accessible and user-friendly tools than the expensive and complex offerings dominating the market. The core of Scout Finance's business was a subscription-based application for iPhone and iPad. This platform provided users with real-time stock price monitoring, access to company documents, charting tools, and full financial statements. It was designed to deliver professional-grade investor tools and in-depth data in a mobile environment, allowing users to stay informed about key events affecting their portfolios from anywhere.

The company positioned itself as a cost-effective alternative to established financial data terminals. In October 2017, the firm's strategic direction culminated in its acquisition by Money.Net, a financial data vendor also based in New York. Money.Net integrated Scout Finance's mobile technology to bolster its own mobile presence and replace its existing proprietary app. This acquisition allowed Money.Net to offer the enhanced mobile application as part of its standard terminal subscription, providing its client base with a superior mobile experience for financial analysis. Before the acquisition, Scout Finance had successfully raised capital through several seed rounds, securing $900K in May 2014 and another $950K in December 2014.

Keywords: mobile financial research, stock analysis app, investor tools, financial data, public company analysis, equity research, financial statements, stock monitoring, fintech, investment research, Money.Net acquisition, financial technology, mobile finance, portfolio management