Draft:Scott Jackson (investor)
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Scott Jackson is an American entrepreneur and investor, known for his contributions to technology, hospitality, and private equity. He is the founder and CEO of Endeavoring Capital, a private equity firm established in 2016, which focuses on lower-middle-market companies. The firm's portfolio spans multiple industries, including bio-hacking, hospitality, and investment in innovative business models.[1]
MVTRAC and License Plate Recognition Technology
[edit]Jackson is best known as the founder of MVTRAC, a company specializing in license plate recognition (LPR) technology. Under Jackson's leadership, MVTRAC developed the world's largest neural-network-driven LPR system, which has been used in law enforcement operations across the United States to solve criminal cases. In 2019, MVTRAC was acquired by Motorola Solutions.[2]
MVTRAC's technology, while influential in law enforcement, also raised privacy concerns. Media outlets such as *The New York Times*[3] and *Forbes*[4] have highlighted the privacy debates surrounding LPR systems.
Endeavoring Capital
[edit]In 2016, Jackson founded Endeavoring Capital, a private equity firm focusing on the growth of lower-middle-market companies. Endeavoring Capital has invested in a diverse range of industries, including hospitality, technology, and health innovation. The firm has a particular interest in bio-hacking and future-focused business models. Notable investments include the hospitality projects Toca Madera Scottsdale and Maple & Ash Scottsdale, which are high-end dining establishments in Arizona.[1]
Patents and Innovations
[edit]Jackson holds a portfolio of 23 patents, primarily within the field of neural networks and recognition technology. His innovations have been central to advancements in LPR systems, influencing how data is collected and utilized by law enforcement and private entities.[2]
Policy Involvement and Legislation
Jackson has contributed to public policy discussions, including his testimony before the California State Senate on SB1330, a bill related to urban retail water suppliers and water use efficiency. His advocacy focused on promoting conservation and efficiency measures in water usage.[5]
In Illinois, Jackson played a key role in amending the **Illinois Recovery Act**, securing over 90% approval for his proposed changes aimed at improving the state's economic recovery efforts.[5]
Media and Documentaries
[edit]In addition to his business and policy endeavors, Jackson has served as a producer for the ProjectTina docuseries**, which highlights significant narratives in industries where he has a footprint. The series reflects his interest in media and storytelling to bring attention to important issues.
References
[edit]- ^ a b c https://www.endeavoring.co/portfolio/toca-madera Endeavoring Portfolio
- ^ a b c https://www.nytimes.com/2009/11/15/business/15repo.html The New York Times - MVTRAC
- ^ a b https://www.nytimes.com/2013/07/10/business/license-plate-software-stirs-privacy-concerns.html The New York Times - License Plate Software
- ^ a b https://www.forbes.com/sites/adamtanner/2013/07/10/data-brokers-are-now-selling-your-cars-location-for-10-online/ Forbes - Data Brokers
- ^ a b c https://trackbill.com/bill/california-senate-bill-1330-urban-retail-water-supplier-water-use/2520649/ TrackBill - SB1330