Home » PeakMetrics raises $3 million seed funding round, bringing its total funding to date to $5.7 million

PeakMetrics raises $3 million seed funding round, bringing its total funding to date to $5.7 million

The funding round was led by York IE, with additional participation from Argon Ventures, Parameter Ventures, and CEAS Investments.  

By Startup Funding News
PeakMetrics raises seed funding.

PeakMetrics, a provider of narrative intelligence solutions for commercial clients, recently announced a successful $3 million seed funding round, bringing its total funding to date to $5.7 million. 

The funding round was led by York IE, with additional participation from Argon Ventures, Parameter Ventures, and CEAS Investments.  

With new funds, PeakMetrics intends to commercialize and enhance its intelligence product offerings that help clients distinguish between accurate information and misinformation. 

A survey by Edelman shows that nearly half of Chief Marketing Officers and Chief Communications Officers have seen their organizations impacted by online attacks, underscoring the significant financial toll of misinformation. As AI technology evolves, the ease of generating and spreading harmful narratives has grown, raising concerns over the burgeoning “disinformation for hire” industry.

Co-founded in 2020 by Loui and COO Bobby Lincoln, PeakMetrics has established itself as a critical resource for navigating the digital narrative challenges faced by prominent organizations during significant global events. PeakMetrics empowers organizations to proactively detect, decipher, and defend against emerging online narrative threats, leveraging advanced ML technology to analyze extensive media sources and social media platforms for real-time threat identification. 

The company utilizes proprietary ML technology to scrutinize over 1.5 million media sources and multiple social media platforms, enabling the detection of media manipulation and adversarial attacks in real time. 

Commenting on the fuding news, Nick Loui, co-founder and CEO, PeakMetrics, said: “PeakMetrics is changing the way enterprises and governments navigate this age of information chaos.” “Our state-of-the-art platform gives organizations the means to discern source credibility, understand how audiences spread narratives, and quantify risk and response scenarios – without spending millions on crisis communication and manual sentiment analysis.”

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