HomeFinTechAlethea: Closes $10M Series A Financing

Alethea: Closes $10M Series A Financing

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Alethea Closes $10M Series A Financing

  • Alethea, a Washington, DC-based technology company that detects and mitigates disinformation, misinformation, and social media manipulation, raised $10M in Series A funding
  • The round was led by Ballistic Ventures
  • The company intends to use the funds to invest in its machine learning SaaS platform, Artemis (in closed beta), by growing its engineering and data science teams
  • The company is a technology company helping the Fortune 500, private companies and nonprofits protect themselves from harms stemming from disinformation
  • Leveraging its multi-channel machine learning platform, Artemis, the company detects disinformation narratives across the internet, enabling customers to proactively defend against this pervasive threat
  • With Artemis-powered early detection, customers can protect their reputations, key assets, physical safety and market value
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