Ferretly, an Easton, Maryland-based AI-driven social media vetting startup, has raised $2.5 million in seed funding.
Investors
The funding round was led by David Dickerson, chairman and founder of Accurate Background, a provider of employment background screening services.
Ferretly Use of Funds
The company will use the funding to enhance its platform and launch a new tool designed for screening election personnel.
About Ferretly
Founded in 2019 by Darrin Lipscomb, Ferretly is a tech startup that uses AI to analyze social media and online data for vetting individuals. The platform identifies risks and behaviors that traditional background checks might miss, such as inflammatory rhetoric, hate speech, and extremist connections. Serving over 1,000 clients across 32 countries—including Deloitte, Blizzard Entertainment, and Paramount Global—Ferretly supports corporations, nonprofits, public sector organizations, and political parties.
Funding Details
Company: Ferretly International, Inc.
Raised: $2.5M
Round: Seed Round
Funding Date: August 2024
Lead Investor: David Dickerson
Additional Investors:
Company Website: https://www.ferretly.com/
Software Category: AI Social Media Screening
Source: https://techcrunch.com/2024/08/15/ai-social-media-vetting-startup-ferretly-secures-2-5m-launches-election-personnel-screening-tool/