Four years ago, we launched Scoop in the San Francisco Bay Area with the simple idea that carpooling to work could help make commuters happier, healthier, and more productive in their day-to-day lives. As it turns out, the commute’s impact extends far beyond simple frustration behind the wheel, both for commuters and the companies that employ them.
According to our most recent State of the American Commute report, the average commuter is spending nearly ten days per year commuting, almost reaching the average 10 days of PTO provided by thousands of employers across the country. Americans also commute 28 minutes each way, twice per day—the longest the commute has ever been. It’s not surprising, then, that the commute is now the third largest driver of voluntary attrition at companies today, according to ADP.
We’ve set out to change that. Since launching in 2015, Scoop has become the definitive enterprise carpooling solution for employers, partnering with more than 55 innovative companies including LinkedIn, Workday, and T-Mobile to mitigate the commute’s impact on their workforces. The results have been incredible, with carpoolers reporting that they are happier, more satisfied with their lives, and feel that their lives are more worthwhile than when they drove alone.
Our road ahead
To build on this momentum, we’re excited to announce we’ve raised $60 million in funding. The round was led by Activate Capital, with new investors including NGP Capital, BNP Paribas, and Total Ventures. The round comes at a time of accelerating growth for the company—most recently, we launched in Detroit in partnership with Bedrock, a full service commercial real estate firm. Scoop now operates in more than 2,000 cities across the country, and has put more than 7 million carpool trips on the road to date. With this new round of funding, we plan to expand rapidly to other major metro areas impacted by rising congestion and drive alone rates.
But we certainly couldn’t do it alone. We’re excited to partner with forward-looking investors who believe whole-heartedly in our vision, including Raj Atluru, Managing Director of Activate Capital, who will be joining our board. As an investor in the information technology, energy, and resource sectors for 23 years, Raj brings his deep expertise in transportation technology and cleantech to the team.
To help guide this expansion, we’re also investing in our world-class team to ensure our product best serves our customers and carpoolers. We’re thrilled to welcome Bill Thayer to our executive team as Chief Revenue Officer. Bill has spent over two decades in the energy sector, first at American Power Conversion in a number of senior leadership and sales roles. Prior to joining Scoop, he served as Executive Vice President of Sales at fuel cell manufacturer Bloom Energy for over a decade.
We’re incredibly excited for the path ahead—but we also know that, in many ways, this is just the beginning. We look forward to helping improve what is often one of the worst parts of our days—our commutes—and ultimately making a meaningful impact on the quality of life for both commuters and our communities everywhere.