HomeUSAFerretly Raises $1.5M in Seed Funding

Ferretly Raises $1.5M in Seed Funding

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Ferretly

Ferretly, a Easton, MD-based AI-powered social media screening SaaS startup, raised $1.5M in Seed funding.

The round was led by Bull City Venture Partners, with participation from Seed Round Capital and prior investors including a group of industry experts led by Dave Dickerson. David Jones will also be joining the Ferretly board of directors alongside David Dickerson, Founder and Chairman of Accurate Background, and Darrin Lipscomb, Founder, and CEO of Ferretly.

The company intends to use the funds to expand operations and its business reach.

Led by Darrin Lipscomb, Founder and CEO, Ferretly provides a cloud-based SaaS platform that leverages artificial intelligence to assess candidate risk. By analyzing publicly available sources, such as social media, the company can help determine candidate character by surfacing online conduct and ensuring talent is aligned with overall corporate values and culture. It helps organizations eliminate digital blind spots in hiring by assessing candidates’ online personas. Using artificial intelligence, the platform helps talent teams to align candidate character to corporate values by surfacing a broad range of risk factors.

FinSMEs

06/06/2023

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