Scoop Picks Up $60 Million to Make Commutes Less of a Drag

August 16, 2019
Written by Folake Dosu

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Enterprise carpooling platform Scoop announced this week that it has raised $60 million in funding, with Activate Capital leading the round. New investors include NGP Capital, BNP Paribas, and Total Venture while Index Ventures, Signia Venture Partners, Workday Ventures and G2VP are among the returning investors.

Scoop has raised a total of $160 million to date. The company plans to use this latest funding to double down on its product and accelerate enterprise adoption.

“We're thrilled to partner with both our investors and customers to help improve what is often one of the worst parts of all of our days: our commutes. We look forward to aggressively expanding across the United States in order to meaningfully impact quality of life for commuters everywhere.” 

“We're thrilled to partner with both our investors and customers to help improve what is often one of the worst parts of all of our days: our commutes,” said Rob Sadow, Co-Founder and CEO of Scoop. “We look forward to aggressively expanding across the United States in order to meaningfully impact quality of life for commuters everywhere.” 

Scoop has focused on cracking the code to enterprise since 2015, partnering with companies such as LinkedIn, Workday and T-Mobile to make commutes less of a drag for their talent. Bedrock, a full service commercial real estate firm in Detroit, is among the latest partnerships for the company. Scoop is now active in more than 2,000 cities across the country and plans to expand to more major metro areas in its quest to reduce congestion and drive alone rates.

“We continue to be impressed by Scoop’s ability to create deeply meaningful impact for both their customers and commuters,” said Raj Atluru, Managing Director at Activate Capital, in a statement. “We strongly believe that Scoop will continue to be the go-to solution for enterprises across the country that want to diversify mobility options in order to better attract, engage, and retain top talent. Scoop is at the forefront of re-imagining the employee commute, and we look forward to working with them as they deliver on this truly unique and innovative service.”

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