# Colby Adcock

> Colby Adcock is the co-founder and CEO of Scout AI, a Sunnyvale defense technology company building Fury, a foundation model intended to coordinate unmanned systems across air, land, sea, and space. After fourteen years in investment banking and technology private equity, and while serving on the board of his brother Brett Adcock's humanoid robotics company Figure AI, he co-founded Scout with autonomy engineer Collin Otis in 2024. Scout emerged from stealth in 2025 with a $15 million seed round, then raised a $100 million Series A in April 2026 after reporting $11 million in defense contracts.

- **Role:** Co-Founder and CEO at Scout AI
- **Organizations:** Scout AI, Figure AI, Thomas H. Lee Partners, GCP Capital Partners, Bank of America Merrill Lynch, CARET
- **Nationality:** American
- **Education:** Undergraduate degree, University of Florida, High school diploma, Culver Military Academy
- **Known for:** Co-founded Scout AI in August 2024., Raised a $15 million seed round for Scout AI in 2025., Raised a $100 million Series A for Scout AI in April 2026.

## Career timeline

- **2009** — Worked as a summer analyst at Merrill Lynch.
- **2010-2012** — Worked in technology mergers and acquisitions at Bank of America Merrill Lynch.
- **2012-2020** — Worked at GCP Capital Partners, progressing to vice president and focusing on technology investments.
- **2020-2024** — Worked at Thomas H. Lee Partners, where he became a principal in Financial Technology & Services.
- **2023** — Joined the board of humanoid robotics company Figure AI.
- **2024** — Co-founded Scout AI with Collin Otis and became CEO.
- **2025** — Scout AI emerged from stealth with a $15 million seed round, two Department of Defense contract selections, and the Fury model.
- **2026** — Scout AI demonstrated a multi-agent autonomous mission and raised a $100 million Series A co-led by Align Ventures and Draper Associates.

## Achievements

- Co-founded Scout AI in August 2024.
- Raised a $15 million seed round for Scout AI in 2025.
- Raised a $100 million Series A for Scout AI in April 2026.
- Reported $11 million in defense contracts during Scout AI's first 18 months.
- Serves on the board of Figure AI.
- Led Scout AI from stealth to public demonstrations of its Fury autonomous systems platform.

## Latest updates

- **2026-07** — Scout AI advanced to Crucible 3 in the U.S. military's Project Swarm Forge program after participating in Crucible 2.
- **2026-04** — Scout AI announced a $100 million Series A co-led by Align Ventures and Draper Associates.
- **2026-04** — Scout said it had booked $11 million in defense contracts and grown to a 34-person team.
- **2026-02** — Scout publicly demonstrated an end-to-end multi-agent mission involving an autonomous ground vehicle and drones.

## Links

- Website: https://scoutco.ai
- LinkedIn: https://www.linkedin.com/in/colby-adcock-277ab42a
- Twitter/X: https://x.com/adcock_colby

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Profile page: https://yespress.io/colby-adcock
Published by YesPress — https://yespress.io
Last updated: 2026-08-18