Scamnetic’s patented AI scam-detection technology can easily be integrated into enterprise platforms, allowing service providers to be stewards of consumer safety
TAMPA, Fla.–Scamnetic, a company dedicated to protecting individuals and businesses from digital threats using advanced AI technology, today announced it received $13 million in series A funding. Roo Capital led the round; 1st and Main Growth Partners, SaaS Ventures and Riptide Ventures also participated in the round. The series A round brings the total investment in Scamnetic to $16 million.
Scamnetic will use the funds to support continued growth with additional marketing, sales and customer support functions and accelerate its product roadmap in response to increasing global demand. Scamnetic customers will benefit from an enhanced core feature set, stronger global coverage and deeper support throughout the customer lifecycle.
“We’ve always believed that the greatest threat to consumers isn’t just fraud — it’s the erosion of trust. This raise enables us to accelerate our mission: restoring confidence in a world increasingly plagued by scams. We’re grateful for our partners who continue to collaborate with us in this critical fight, as scams remain the most reported crime globally — highlighting the tremendous market opportunity ahead,” said John Evans, chief operating officer, Scamnetic.
“Scams are among the biggest issues facing consumers and businesses worldwide,” said Spencer Cecola, partner at Roo Capital. “As scams become more sophisticated with the rise of AI, the problem is proliferating at an alarming pace. Scamnetic is tackling this urgent challenge with a product that actually works. The world needs to fight AI with AI, and we’re excited to back them with capital and hands-on support to help them scale fast and stay ahead.”
Scamnetic provides the only holistic scam-detection solution in the market, combating every current scam. Scamnetic includes:
- Scan&ScoreTM: Automatically scans emails, text messages, social media direct messages, websites, messaging apps like Whatsapp, Telegram etc. along with QR codes, physical mail and images to understand the risk from any incoming communication.
