PeakMetrics Raises $3M in Seed Funding

peakmetrics

PeakMetrics, a Los Angeles, CA-based narrative intelligence company, raised $3M in Seed funding.

The round, which brought the total amount to $5.7M, was led by York IE, with follow-on investment from Argon Ventures and participation from Parameter Ventures and CEAS Investments. Joe Raczka, Chief Investment Officer and Managing Partner, York IE, joined PeakMetrics’ board of directors.

The company intends to use the funds to expand its go-to-market function, and to deepen its product capabilities, especially for its commercial clients.

Led by CEO Nick Loui and COO Bobby Lincoln, PeakMetrics provides a narrative intelligence platform that helps enterprises and governments identify and combat emerging online narrative threats. Using ML technology, it analyzes more than 1.5 million media sources and 10 different social media platforms to identify media manipulation and adversarial attacks in real-time, before they cause damage. Organizations use PeakMetrics to discern source credibility, understand how audiences spread narratives, and quantify risk and response scenarios.

FinSMEs

08/03/2024