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: