Scout, a leading innovator in financial literacy, tax, and investment solutions for collegiate athletic conferences, athletic departments, and student-athletes, announced the successful closing of a new round of venture capital funding. The funding will drive Scout's mission to empower athletes and institutions with data-driven financial tools and cutting-edge fintech infrastructure.

Since its launch in 2021, Scout has raised over $6 million to fuel its growth and expansion. Terms of this latest strategic financing were not disclosed. The funding round saw participation from notable investors, including:

Andy Katz, Founder and past Chairman of The College Sports Company and Managing Partner at VA2 & BrknPar Venture Capital Fund.

Adam Breneman, former All-American tight end and media entrepreneur.

Oli Marmol, entrepreneur and Manager of the St. Louis Cardinals.

Jim Briles and Merek Shoob, serial entrepreneurs with multiple successful exits.