# Reality Detector Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/reality-detector-pte

- Industry: Software
- Headquarters: Singapore
- Website: www.realitydetector.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Sep 22, 2020)
- Investors on record: 2

## About

Reality Detector Pte. Ltd. specializes in developing advanced tools to authenticate information and combat misinformation. Their innovative approaches leverage AI technologies to deliver reliable fact-checking solutions across various sectors.Founded in 2019 and headquartered in Singapore, Reality Detector Pte. Ltd. focuses on utilizing artificial intelligence to enhance information reliability. The company raised USD 0.42 million in Seed funding on September 22, 2020, with investments from Carmichael Partners and Draper Associates. Dennis Ye, the founder, is known for his expertise in technology and information verification.Reality Detector Pte. Ltd. offers advanced tools aimed at authenticating information and combatting misinformation. Their flagship product, Facticity.AI, utilizes natural language processing and machine learning algorithms to analyze text, audio, and video content in real-time. It enhances accuracy by cross-referencing information against credible sources, serving sectors such as media, education, and corporate communications. The company also integrates computer vision technology for detecting indicators of deception, catering to clients across North America, Europe, and Asia.In the most recent financial year, Reality Detector Pte. Ltd. reported a revenue of USD 221,264.80. The company also recorded an EBITDA of USD -302,975.10 for the same period, highlighting the financial dynamics of their operations as they work towards growth.Reality Detector Pte. Ltd. intends to expand its market footprint and product offerings. The company is exploring new geographic regions, specifically targeting markets in North America and Europe for expansion by 2024. The recent Seed funding of USD 0.42 million will be utilized to support the development of new products and enhance existing services, allowing for a more robust entry into these markets.

## Funding rounds

- Seed, Sep 22, 2020, $0.4M — Carmichael Partners, Draper

## Investors

- Carmichael Partners (https://capitalatlas.ai/funds/carmichael-partners) — Seed
- Draper (https://capitalatlas.ai/funds/draper) — Seed