Tech Company Financing Transactions
Ferretly Funding Round
Ferretly, based in Easton, received $1.5 million from Bull City Venture Partners and Seed Round Capital.
Transaction Overview
Company Name
Announced On
6/5/2023
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Seed
Investors
Bull City Venture Partners (Lead Investor)
Proceeds Purpose
The company will use the funds to Expand Global Reach and Strengthen R&D. Ferretly helps organizations eliminate digital blind spots in hiring by assessing candidates' online personas. Using artificial intelligence, the company's platform helps talent teams to align candidate character to corporate values by surfacing a broad range of risk factors. Ultimately, Ferretly helps strengthen culture, create a safer workplace, and reduce risk to brands.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
16 North Washington St 102
Easton, MD 21601
USA
Easton, MD 21601
USA
Phone
Website
Email Address
Overview
A dramatic rise in social media use among billions of hyper-connected people alongside a shift from a traditional enterprise hierarchy to an ecosystem of distributed workers and partners presents new and unique challenges to organizations. This perfect storm increases risk to brand reputation, threatens workplace culture, and increases costs associated with insider threats and employee attrition. Organizations can no longer turn a blind eye to their employees' online personas, as their brand, profits and employee safety are at stake.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Darrin Lipscomb
Chief Technical Officer
Craig Eddy
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