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  • August 19, 2021
  • News

Ferret secures $4 million in a seed investment to expand AI search

Ferret, the first ‘relationship intelligence’ platform, announced it has secured $4 million in a seed investment, fueling the acquisition and collection of exclusive data, and expand artificial intelligence search, monitoring, and natural language processing capabilities

Artesian and more than 30 angel investors, including Lanyon Advisory and Paul Grinberg, chairman of the Axos Bank participated in this round. The funding will fuel the acquisition and collection of exclusive data, and expand artificial intelligence search, monitoring, and natural language processing capabilities.

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 NominoData'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.

In addition, Ferret sweeps hundreds of thousands of publicly accessible data sources globally in multiple languages and monitors professional and personal networks to provide a holistic, impartial picture of companies and individuals.

Ferret data sources span a wide range, including, but not limited to, negative and positive media coverage, news archives, white-collar crime, legal and court records, and corporate ownership history. With Ferret, transparency will be the new norm. 

Ferret is currently accepting beta pre-registrations on its website.

For more information about this news, visit www.ferret.ai.

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