LetsData, a Dover, DE-based company developing a real-time security radar protecting corporations and governments from the threats of information operations and synthetic identities, raised $1.6M in Pre-Seed funding.
Backers included SMOK Ventures, Wayra, Tilia Impact Ventures, 1991 Ventures, Google’s Ukraine Support Fund, Startup Wise Guys, Pavla Bobosikova (CEO and co-founder at WFHomie – acquired by GoCo) and Marty Krátký-Katz (CEO and co-founder at Blockthrough – acquired by eyeo).
The company intends to use the funds to further scale its technology and expand its presence in the United States and Europe to meet demand.
LetsData provides an AI model that processes open-source data across over 100 million websites and social media outlets, covering more than 50 languages and regions. It analyzes text and video metadata from media across platforms like Telegram, YouTube, and TikTok. The solution employs semantic understanding to group and link content across sources, identifying intent and coordination behind information operations. By doing so, the company detects 80% more threats at their inception than conventional tools.
LetsData’s technology is used by the FCDO, UK Embassies, and the Armed Forces of NATO member states as well as corporations across the US, UK and Europe.
FinSMEs
15/01/2025