# Ferreter

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ferreter

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.ferret.com
- Total disclosed funding: $4M
- Latest round: Seed (Aug 19, 2021)
- Investors on record: 1

## About

Ferreter Inc., based in Los Angeles, US, specializes in providing innovative solutions in the technology sector, focusing on data acquisition and artificial intelligence.Ferreter Inc. operates in the technology sector, specializing in data acquisition and artificial intelligence solutions. The company was founded in Los Angeles, which serves as its headquarters. In August 2021, Ferreter Inc. raised USD 4 million in Seed funding from Artesian and individual investors. The company has not undergone any significant pivots in its business strategy or operations.Ferreter Inc. provides advanced solutions in data acquisition and artificial intelligence, focusing on enhancing search, monitoring, and natural language processing capabilities. Their services cater to businesses seeking to optimize their data usage and improve decision-making processes.Ferreter Inc. follows a direct-to-client business model, generating revenue through its service offerings. The company's revenue structure is primarily based on service contracts and project-based work, reflecting the value provided through their technology solutions.Following the recent Seed funding round, which raised USD 4 million in August 2021, Ferreter Inc. plans to utilize these funds to enhance their data acquisition capabilities and expand their artificial intelligence offerings. The company is looking to develop new products that improve monitoring and natural language processing features. Expansion efforts are aimed at entering new markets, though specific regions and timelines for this growth have not yet been disclosed.

## Funding rounds

- Seed, Aug 19, 2021, $4M — Artesian

## Investors

- Artesian (https://capitalatlas.ai/funds/artesian) — Seed