CTSS Episode 5: Scoot Science
Using data to mitigate ocean risk!
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Scoot Science is a startup, founded by a group of data scientists and oceanographers, that provides marine operators with modeling and analytics tools to manage ocean risk. With its current focus on coastal aquaculture, the company helps farmers mitigate dangers to their business, such as algae overgrowth and warming waters. Over the long term, the company has an eye toward using ocean data in a risk and financing capacity. CEO & Co-Founder, Jon LaRiviere, walks me through a company overview, and we have a great discussion. I’m a proud investor in the company, but I still learned a ton! I hope you enjoy.
Synopsis
Mission: To help marine operators manage ocean risks through data and forecasting.
Team:Jon LaRiviere (CEO & Co-Founder), Evan Goodwin (CTO & Co-Founder), Grant Cavanaugh (Chief Investment Officer) et al. (11 total)
Product: A data analytics and modeling platform that uses data from oceanic sensors (e.g. buoys, underwater gliders, satellites) that enables marine operators (e.g. fish farmers) to monitor and forecast risk.
Traction: Raised >$2MM in seed funding to date; working with some of the top ten salmon producers in the world (e.g. Grieg Seafood) to provide them with dashboard analytics; developed a risk and finance team for insurers with products on the horizon.
Jobs: Two Full-Stack Software Engineers; Risk and Finance team member with a strong background in Oceanography or Earth Science.
Websites: ScootScience; LinkedIn; Twitter