Preciate Raises $12 Million, and Changes Name to Scoot

A lot happening with this exciting Dallas-based software company. What exactly does Scoot do? Check it out. Congratulations to Ed Stevens for creating this game-changing platform.

DALLAS, February 22, 2023 -?Preciate, the world's leading dynamic virtual meeting platform, today announced it has closed a $12 Million Series A funding round. The funding, led by?Woodland Capital?with participation from existing investors, will be invested in product development and scalability to serve a growing set of global customers. Additionally, the company announced it has changed its name to Scoot, emphasizing the importance of movement and energy in hosting successful meetings.

Scoot is redefining virtual meetings, gatherings, and networking. Gone are the days of static images pinned to the screen. Scoot unlocks a new dimension for virtual meetings 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.