Ferretly
About this raise
Ferretly, with a pre-money valuation of $4 million, is raising funds on SeedInvest. It is a platform that used artificial intelligence technology to analyze social media posts of subjects and reduce risks to brands, employees, and the bottom line of organizations. The company has major background screening companies as its clients. Ferretly was founded by Darrin Lipscomb and Craig Eddy in 2019. The current round of crowdfunding has a minimum raise of $25,000 and a maximum raise of $600,000, and the funds will be used towards marketing, research & development, inside sales, and general & administrative expenses. Ferretly achieved over 200 online signups within nine months of its launch and has seven reseller deals with background screening companies. It has analyzed more than 1 million posts, with over 13,000 flags, since its launch.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- SeedInvest
- Start Date
- 05/14/2020
- Close Date
- 07/14/2020
$25,000
$600,000
$1,000
Equity - Preferred
Seed
RegCF
/ RegD 506(c)
$10.00
$4,000,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
- $24,065
- Monthly Burn
- $2,818
-
Runway
- 0.8 months
- Gross Margin
- 84%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/14/2020 | SeedInvest | $4,000,000 | $0 | Equity - Preferred | Not Funded | RegCF / RegD 506(c) |