Scamnetic Raises $13 Million to Prevent Scams in Real Time

AI-powered threat protection startup Scamnetic has raised $13 million in a Series A funding round led by Roo Capital.

AI-powered threat protection firm Scamnetic has announced raising $13 million in a Series A funding round that brings the total raised by the company to $16 million.

The investment round was led by Roo Capital, with 1st and Main Growth Partners, Riptide Ventures, and SaaS Ventures providing additional support.

The Tampa, Florida-based startup emerged from stealth mode in August 2024 with a scam-detection solution that leverages AI to protect individuals and businesses from digital threats in real time.

Scamnetic’s solution automatically scans messages, emails, QR codes, physical mail, and images to identify risks, and verifies the identity of audio, video, and text communication partners to prevent dating, crypto, and investment scams.

Additionally, the company offers a support hotline to guide scam victims through recovery efforts, and provides education on scam ...