Ferret Raises $4M Seed Round to Scale the First ‘Relationship Intelligence’ Platform
Summary
The startup’s cutting-edge machine learning algorithms empower users to determine who to trust in real-time and automate monitoring of people and companies LOS ANGELES, August 19, 2021--(BUSINESS WIRE)--Ferret, the first ‘relationship intelligence’ platform, today announced a $4M seed investment. 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. Rob Loughan, the co-founder of one of Silicon Valleys earliest unicorns, Octane Software, which sold for a record $3.2B in 2001, founded Ferret alongside Al MacDonald, the CEO of NominoData, one of the worlds leading risk management solutions companies. Leveraging cutting-edge AI and more than hundreds of thousands of global data sources, Ferret provides information — once only available to the financial industry — to all types of professionals, from angel investors to business leaders, making transparency the new norm.