Ferret, the first relationship intelligence platform, announced it has secured $4 million in seed investment. Artesian VC and more than 30 angel investors, including Lanyon Advisory and Paul Grinberg, chairman of the Axos Bank participated in this round.
The round used to fueling the acquisition and collection of exclusive data and expand artificial intelligence search, monitoring, and natural language processing capabilities
Company: Ferret Software Inc
Raised: $4.0M
Round: Seed Round
Funding Month: August 2021
Lead Investors: Artesian VC
Additional Investors: Lanyon Advisory and Paul Grinberg
Company Website: https://www.ferret.ai/
Software Category: Relationship intelligence platform>AI
About the Company: Ferret is an AI platform architected from the ground up to empower companies and individuals with real-time, unbiased intelligence to identify risks and embrace opportunities. Delivered via an easy-to-use mobile app, Ferret has exclusive access to Nomino Data's proprietary risk management data, which was previously only available to the financial industry and trusted by thousands of institutions worldwide for the past 12 years. The company is now enabling access to information so that everyone can perform in-depth professional due diligence—identifying risky investments, vendors, partners, and customers, and making the best choices for their professional and personal endeavors.
Source: https://www.kmworld.com/Articles/News/News/Ferret-secures-%244-million-in-a-seed-investment-to-expand-AI-search-148525.aspx