Startups

Scoot lands $12M to inject customization into videoconferencing

Comment

Woman on a laptop during a virtual meeting
Image Credits: 10'000 Hours (opens in a new window) / Getty Images

While much of the white-collar workforce has adjusted to the new norm of videoconferencing from home, that doesn’t mean that they — or their bosses — necessarily like it. According to a poll from Showpad, 76% of employees report becoming more distracted on video calls versus in-person meetings. In a separate survey, staffers — especially new employees — say that requiring video during virtual meetings increases their work fatigue.

Ed Stevens thinks he has the answer. He’s the founder of Scoot, a platform that aims to reimagine video meetings with a dynamic chat interface. Previously known as Preciate, Scoot — which launched its new brand today — recently closed a $12 million Series A funding round led by Woodland Capital, bringing its total raised to over $16 million.

“Most CEOs in the world agree with this: virtual all-hands meetings hosted on static legacy platforms like Zoom and Microsoft Teams are terrible at replicating the energy and value of meeting in-person,” Stevens told TechCrunch in an email interview. “CEOs are dissatisfied with their virtual all-hands platforms and badly need something better.”

Scoot’s conceit isn’t new. The startup is one of dozens trying to reimagine videoconferencing for the post-pandemic workforce. Even prior to the pandemic, videoconferencing was a lucrative segment, with funding for videoconferencing startups hitting $250 million in 2017, according to Crunchbase.

Vowel, backed by Calendly CEO Tope Awotona, offers what it calls a “meeting operating system” with analytics and searchable on-demand recordings. Read AI provides a real-time shared dashboard to alert meeting participants when things are going well — or not so well. There’s also Venue, which brings in a host of personalization and other features — like emoji bursts, the ability to set background music and more — to attempt to make conferencing more engaging.

So how’s Scoot different? In some ways, it’s not. Like a few of its rivals, Scoot lets customers choose custom background themes and music for meetings. An admin can designate which features are available to participants and secure rooms with join settings. Meanwhile, hybrid meeting features allow users to livestream content into a virtual room joinable via Scoot’s iOS and Android mobile apps.

Scoot
Image Credits: Scoot

Admins also have access to analytics, like who attended a meeting and how long they attended. When asked whether Scoot stores this data indefinitely — an important question, considering the surveillance potential of videoconferencing apps — Stevens says that customers can choose to delete it at any time.

“Not only can you share a screen, run a Q&A session or DM someone in chat, but you can also move inside a 2D room, which has been decorated with your logo, colors and graphics,” Stevens explained. “Before, during and after the formal component of the meeting, attendees can find colleagues and customers, have sidebar conversations, and just be human.”

“At Scoot, we are redefining online virtual meetings, gatherings and networking,” Stevens continued. “Gone are the days of static images pinned to the screen. Scoot unlocks a new dimension for virtual meeting by replicating what happens when a group of people (small or large) gather together in person to network, share and discuss ideas. The upside is a level of engagement and productivity that resembles physical meetings, but with the flexibility, speed and cost savings of a virtual meeting.”

But Scoot does have more unique features, like “spontaneous conversations,” which lets meeting participants break out into smaller groups for more intimate chats. Stevens sees Scoot’s small groups functionality as particularly useful for larger organizations, where meetings can exceed hundreds or even thousands of attendees. Admins have some control over it, he notes, in the sense that they can purposefully “group” employees with other employees within the context of a larger meeting.

“Once you give people the social agency to move around in a big company meeting, you can … drive company goals. For example, you can make sure a senior leader is placed with each group of employees in the socially oriented arrivals and departures component of the agenda,” Stevens said. “Scoot unlocks a new dimension for virtual meeting by replicating what happens when a group of people, small or large, gather together in person to network, share and discuss ideas.”

Scoot’s other standout feature is what Stevens calls “crowd noise technology,” which lets a presenter — and rooms up to thousands of people — hear reactions (e.g. laughs, cheers) in real time. While perhaps not a massive selling point, Stevens argues that it makes meetings “more engaging and interesting” than they normally would be. (I’m not convinced that the average person is inclined to cheer during a virtual meeting, but perhaps I’m the odd one out.)

Scoot — which offers APIs developers can build on top of — makes money by charging access to its baseline service. Stevens wouldn’t disclose the size of Scoot’s customer base (or revenue), but said that the company counts several Fortune 50 businesses among its customers.

“The slowdown in tech has most of our competitors playing defense, right at the time when we are investing more,” Stevens said confidently. “From a financing perspective, Scoot’s existing investors have all the dry powder needed to fund future growth.”

On the subject, Scoot plans to grow its workforce from 14 people to more than 30 by the end of the year.

More TechCrunch

Some Indian government websites have allowed scammers to plant advertisements capable of redirecting visitors to online betting platforms. TechCrunch discovered around four dozen “gov.in” website links associated with Indian states,…

Scammers found planting online betting ads on Indian government websites

Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN notice filings and sources at the company.  Earlier this week, TechCrunch reported…

Motional cut about 550 employees, around 40%, in recent restructuring, sources say

The deck included some redacted numbers, but there was still enough data to get a good picture.

Pitch Deck Teardown: Cloudsmith’s $15M Series A deck

The company is describing the event as “a chance to demo some ChatGPT and GPT-4 updates.”

OpenAI’s ChatGPT announcement: What we know so far

Unlike ChatGPT, Claude did not become a new App Store hit.

Anthropic’s Claude sees tepid reception on iOS compared with ChatGPT’s debut

Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Look,…

Startups Weekly: Trouble in EV land and Peloton is circling the drain

Scarcely five months after its founding, hard tech startup Layup Parts has landed a $9 million round of financing led by Founders Fund to transform composites manufacturing. Lux Capital and Haystack…

Founders Fund leads financing of composites startup Layup Parts

AI startup Anthropic is changing its policies to allow minors to use its generative AI systems — in certain circumstances, at least.  Announced in a post on the company’s official…

Anthropic now lets kids use its AI tech — within limits

Zeekr’s market hype is noteworthy and may indicate that investors see value in the high-quality, low-price offerings of Chinese automakers.

The buzziest EV IPO of the year is a Chinese automaker

Venture capital has been hit hard by souring macroeconomic conditions over the past few years and it’s not yet clear how the market downturn affected VC fund performance. But recent…

VC fund performance is down sharply — but it may have already hit its lowest point

The person who claims to have 49 million Dell customer records told TechCrunch that he brute-forced an online company portal and scraped customer data, including physical addresses, directly from Dell’s…

Threat actor says he scraped 49M Dell customer addresses before the company found out

The social network has announced an updated version of its app that lets you offer feedback about its algorithmic feed so you can better customize it.

Bluesky now lets you personalize main Discover feed using new controls

Microsoft will launch its own mobile game store in July, the company announced at the Bloomberg Technology Summit on Thursday. Xbox president Sarah Bond shared that the company plans to…

Microsoft is launching its mobile game store in July

Smart ring maker Oura is launching two new features focused on heart health, the company announced on Friday. The first claims to help users get an idea of their cardiovascular…

Oura launches two new heart health features

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world…

This Week in AI: OpenAI considers allowing AI porn

Garena is quietly developing new India-themed games even though Free Fire, its biggest title, has still not made a comeback to the country.

Garena is quietly making India-themed games even as Free Fire’s relaunch remains doubtful

The U.S.’ NHTSA has opened a fourth investigation into the Fisker Ocean SUV, spurred by multiple claims of “inadvertent Automatic Emergency Braking.”

Fisker Ocean faces fourth federal safety probe

CoreWeave has formally opened an office in London that will serve as its European headquarters and home to two new data centers.

CoreWeave, a $19B AI compute provider, opens European HQ in London with plans for 2 UK data centers

The Series C funding, which brings its total raise to around $95 million, will go toward mass production of the startup’s inaugural products

AI chip startup DEEPX secures $80M Series C at a $529M valuation 

A dust-up between Evolve Bank & Trust, Mercury and Synapse has led TabaPay to abandon its acquisition plans of troubled banking-as-a-service startup Synapse.

Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse

The problem is not the media, but the message.

Apple’s ‘Crush’ ad is disgusting

The Twitter for Android client was “a demo app that Google had created and gave to us,” says Particle co-founder and ex-Twitter employee Sara Beykpour.

Google built some of the first social apps for Android, including Twitter and others

WhatsApp is updating its mobile apps for a fresh and more streamlined look, while also introducing a new “darker dark mode,” the company announced on Thursday. The messaging app says…

WhatsApp’s latest update streamlines navigation and adds a ‘darker dark mode’

Plinky lets you solve the problem of saving and organizing links from anywhere with a focus on simplicity and customization.

Plinky is an app for you to collect and organize links easily

The keynote kicks off at 10 a.m. PT on Tuesday and will offer glimpses into the latest versions of Android, Wear OS and Android TV.

Google I/O 2024: How to watch

For cancer patients, medicines administered in clinical trials can help save or extend lives. But despite thousands of trials in the United States each year, only 3% to 5% of…

Triomics raises $15M Series A to automate cancer clinical trials matching

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Tap, tap.…

Tesla drives Luminar lidar sales and Motional pauses robotaxi plans

The newly announced “Public Content Policy” will now join Reddit’s existing privacy policy and content policy to guide how Reddit’s data is being accessed and used by commercial entities and…

Reddit locks down its public data in new content policy, says use now requires a contract

Eva Ho plans to step away from her position as general partner at Fika Ventures, the Los Angeles-based seed firm she co-founded in 2016. Fika told LPs of Ho’s intention…

Fika Ventures co-founder Eva Ho will step back from the firm after its current fund is deployed

In a post on Werner Vogels’ personal blog, he details Distill, an open-source app he built to transcribe and summarize conference calls.

Amazon’s CTO built a meeting-summarizing app for some reason