What does Scamnetic do?
Scamnetic leverages advanced AI technology to provide a scam-detection solution that safeguards individuals and businesses from a wide range of digital threats.
How much did they raise?
The company raised $13M in a Series A funding round led by Roo Capital, with participation from 1st and Main Growth Partners, SaaS Ventures, and Riptide Ventures, bringing its total investment to $16M.
What are their plans for the money?
Scamnetic plans to use the new funds to boost its marketing, sales, and customer support efforts while accelerating its product roadmap to meet increasing global demand.
What have they achieved so far?
The Series A round marks a significant milestone for Scamnetic, reinforcing its position in the digital security market and building on previous successful funding rounds.