Scout Ventures is a New York City based early stage venture capital firm that focuses on technology driven startups in the entertainment, media, and commerce sectors. Scout Ventures was founded by Brad Harrison, a former West Point graduate who served as an Army Ranger before completing his MBA at MIT, Sloan School of Management.
Utilizing a network driven approach, Scout identifies companies whose needs match their specific strengths and leverages the expertise of its LPs, advisors, and its experienced management team to provide startups the support they need to achieve rapid growth. Active involvement with its portfolio companies allows Scout to provide its founders with the resources they need and eliminate problems before they occur. Scout’s proven track record of hands on portfolio management has garnered the attention of both the best entrepreneurs and strongest institutional investors, providing the firm access to the best deals with the largest VCs including Google Ventures, Spark Capital, and General Catalyst.
This strategy has enabled Scout to return capital to investors in its first fund, Fund I, within 368 days of closing. Fund I has achieved four successful exits, experienced no failures, and is tracking to generate a 32% IRR and a 3.7x cash-on-cash return.
Scout Ventures Fund II Portfolio Companies as of 10/20/2014:
Frequently Asked Questions
When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until it is accepted by Scout Ventures Fund II. Once Scout Ventures Fund II accepts your investment, and certain regulatory procedures are completed, your money will be transferred from the escrow account to Scout Ventures Fund II in exchange for your shares. At that point, you will be a proud owner in Scout Ventures Fund II.
Preferred equity is usually issued to outside investors and carries rights and conditions that are different from that of common stock. For example, preferred equity may include rights that prevent or minimize the effects of dilution or grants special privileges in situations when the company is sold.
A convertible note is a unique form of debt that converts into equity, usually in conjunction with a future financing round. The investor effectively loans money to a startup with the expectation that they will receive equity in the company in the future at a discounted price per share when the company raises its next round of financing.
To learn more about startup investment types check out “How to Choose a Startup Investment” in our academy.
To make an investment, you will need the following information readily available:
- Personal information such as your current address and phone number
- Employment and employer information
- Net worth and income information
- Social Security Number or government-issued identification
- ABA bank routing number and checking account number (typically found on a personal check or bank statement)
Because Scout Ventures Fund II is offering its securities under Rule 506(c) of Regulation D, your status as an Accredited Investor will also need to be verified and you will be asked to provide documentation supporting your income, net worth, revenue, or net assets or a letter from a qualified advisor such as a Registered Investment Advisor, Registered Broker Dealer, Lawyer, or CPA.
Until a closing occurs, you may cancel your investment at any time, for any reason. You will receive an email when the closing occurs and your shares have been issued. If you have already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To cancel your investment, please go to your portfolio page.
Currently there is no market or liquidity for these shares. Right now Scout Ventures Fund II does not plan to list these shares on a national exchange or another secondary market. At some point Scout Ventures Fund II may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when Scout Ventures Fund II either lists their shares on an exchange, is acquired, or goes bankrupt.
You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement.
This is Scout Ventures Fund II's fundraising profile page, where you can find information that may be helpful for you to make an investment decision in their company. The information on this page includes the company overview, team bios, and the risks and disclosures related to this investment opportunity.
This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire investment amount. In addition to these risks, you should carefully consider the specific information and risks disclosed in Scout Ventures Fund II’s profile.