Press release

Scope Labs Announces New Venture Capital Fund With Appointment of Industry Veteran Dave Sukoff

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Scope Labs, an elite technology firm based in New York City, today announces the appointment of industry veteran Dave Sukoff as Chief Strategy Officer, overseeing the growth and formation of Scope Labs Capital. This new venture capital arm of the company completes Scope Labs’ vision of a unique three-pillar system combining exceptional development talent, proprietary technologies, and capital, to optimize the creation of impactful market solutions. Scope Labs Capital will make strategic early-stage investments into innovative, privately held companies both within and outside the Scope Labs family of clients.

“Dave’s appointment at Scope Labs is a testament to the outstanding work and strong growth we have seen in a short time,” says Jack Phifer, CEO, Scope Labs. “For the past two years we have been dedicated to bringing together the upper echelon of programming talent to build and deliver products that exceed client expectations. With Dave’s experience, as well as the formation of Scope Labs Capital to advance our portfolio, our company’s vision to forge a new path for startups is here.”

“It’s an honor to join a team of leaders and visionaries, fueled by excellence and committed to challenging the current startup space with a new, improved approach,” says Dave Sukoff, Chief Strategy Officer, Scope Labs. “I jumped at the opportunity to help Scope Labs further grow their vision. Scope has a unique understanding as to what comprises the DNA of a great tech company, and those insights are the key to successful early-stage investment.”

Sukoff’s career in tech and finance spans nearly three decades. He has been awarded four U.S. Patents and has advised several Presidential campaigns on fiscal policy. Sukoff was featured on the cover of Bloomberg Magazine in 2003 for his company Precept, and founded his own hedge fund, which he grew from scratch to $500 million. Sukoff is a graduate of MIT who demonstrated an early passion for the use of AI tools in finance, discovering quantitative pricing anomalies and advocating machine learning in the 1990’s. Sukoff’s new role at Scope Labs will be to lead the establishment of Scope Labs Capital, while also helping to facilitate growth, recruiting, and sales for the overall company.

Scope Labs was conceptualized in 2022 by MIT engineers Jack Phifer, CEO, Jack Strahan, Chief Design Officer, and Cory O’Shea, Chief Technology Officer. In 2023, Corporate Leader and global brand expert Jason Polan joined as Chief Operating Officer to strengthen the company’s Executive Leadership team. Since then, Scope Labs has tripled its team of engineers and has partnered with over 20 early-stage companies, acting as the architect and builder of software products.

To learn more about Scope Labs Capital: www.scopelabscapital.com

ABOUT SCOPE LABS

Based in New York City, Scope Labs was founded with a unique vision to optimize the creation of impactful market solutions through a symbiotic system of elite development talent, proprietary technologies, and capital. Through this shared system, Scope Labs acts as a startup’s outsourced technical co-founder, mitigating risk for investors and launching compelling new enterprises. To date, Scope Labs’ clients have collectively raised $20 million in funding using products built by Scope Labs’ engineering team. For more information: www.scopelabs.com