Tech Company Financing Transactions
Alethea Funding Round
On 11/3/2022, Alethea raised $10 million in Series A financing from Ballistic Ventures and private investors.
Transaction Overview
Company Name
Announced On
11/3/2022
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Ballistic Ventures (Lead Investor)
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
11280 86th Ave. North
Maple Grove, MN 55369
USA
Maple Grove, MN 55369
USA
Phone
Undisclosed
Website
Email Address
Overview
Alethea is a technology company helping Fortune 500 and private companies, nonprofits, and democracies protect themselves from harms stemming from disinformation and social media manipulation. At Alethea, we view disinformation as an urgent national security threat, not a political issue.
Management Team
Title
Name
Email & Social
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