Ferretly Raises $2.5 Million in Seed Round

Ferretly Raises $2.5 Million in Seed Round

Ferretly, an Easton, Maryland-based AI-driven social media vetting startup, has raised $2.5 million in seed funding.

The funding round was led by David Dickerson, chairman and founder of Accurate Background, a provider of employment background screening services.

The company will use the funding to enhance its platform and launch a new tool designed for screening election personnel.

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