ScootNetworks Receives New Funding

  • Feed Type
  • Date
    6/30/2016
  • Company Name
    ScootNetworks
  • Mailing Address
    1077 Howard St. San Francisco, CA 94103 USA
  • Company Description
    ScootNetworks is mobility for the city: A fleet of smartphone-enabled, 30 MPH, electric, Vespa-style scooters offered in a convenient, bicycle sharing-type system. Starting in San Francisco, they will be available on-demand throughout major cities, priced competitively with driving, taxis, and public transit.
  • Website
    http://www.scootnetworks.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company intends to use the funds to continue the expansion of their San Francisco service and prepare to enter new markets in 2017.
  • M&A Terms
  • Venture Investor
    Mahindra Partners
  • Venture Investor
    Vision Ridge Partners
  • Venture Investor
    Investor
  • Venture Investor
    Undisclosed

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