Scamnetic Strikes Gold: AI Scam-Buster Raises $13M to Fight Digital Villains!
Scamnetic has raised $13 million in a Series A round, bringing its total to $16 million. Scamnetic’s AI-powered threat protection is here to tackle the world’s growing digital scam problem, because why let scammers have all the fun with AI?
Hot Take:
Scamnetic just pulled a classic Hollywood move—emerging from the shadows and grabbing the spotlight with a cool $13 million Series A round. They’re not just playing defense against scams; they’re going full AI ninja on them. With the world losing billions to cyber trickery, it seems Scamnetic is here to give scammers a taste of their own AI-enhanced medicine. Time to suit up and watch this David take on the Goliath of global scam artistry!
Key Points:
– Scamnetic raised $13 million in Series A funding, totaling $16 million in capital.
– The funding round was led by Roo Capital, with contributions from 1st and Main Growth Partners, Riptide Ventures, and SaaS Ventures.
– The company uses AI to detect scams in real time, scanning various communication forms and verifying identities.
– Scamnetic offers a support hotline for scam victims and provides scam protection education.
– New funds will be used for marketing, sales, customer support, and product development.