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§ Private Profile · London, United Kingdom
B2B software company providing AI-powered content analysis and misinformation detection for media and communications, focused on media integrity.
Factmata is a Claymont, Delaware-based B2B software company that develops artificial intelligence and natural language processing tools designed to detect online misinformation, disinformation, and harmful digital content. The organization raised over $5 million in total funding to scale its operations, supported by early grants from Google and venture investments from Seedcamp and billionaire entrepreneur Mark Cuban. During its growth phase in 2021, the enterprise launched a public crowdfunding campaign targeting between $50,000 and $1.07 million to further enhance its automated fact-checking and identity verification technology. Factmata provided its proprietary content analysis platform to various clients across the media monitoring and communications sectors before being fully acquired by industry leader Cision in 2022. The enterprise, whose creator later transitioned to an applied artificial intelligence leadership role at Uber, was originally founded in 2016 by Dhruv Ghulati.
Factmata has raised $1.8M across 2 funding rounds.
Factmata has raised $1.8M in total across 2 funding rounds.
Factmata has raised $1.8M across 2 funding rounds. Most recently, it raised $750K Seed in September 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2018 | $750K Seed | — | Andreessen Horowitz, Angel Investor, Archetype, Blisce, Bond, BOW Capital, Caffeinated Capital, Chapter ONE Ventures, Coatue, CoinFund, Compound, Craft Ventures, DIG Ventures, Dispersion Capital, Dreamers VC, Electric Capital, Graph Ventures, Griffin Gaming Partners, David Krane, Helium 3 Ventures, North Island Ventures, Paradigm, Reform Ventures, Roosh Ventures, Sound Ventures, Strand Venture Partners, The HIT Forge, Thirty Five Ventures, TOP Harvest Capital, Union Square Ventures, YES VC, Andre Iguodala, Balaji Srinivasan, Bill TAI, Jeff Morris, Matt Bellamy, Rashaun Williams, William Mougayar | Announced |
| Jan 1, 2018 | $1M Seed | — | Sunfish Partners, BIZ Stone, Craig Newmark, Mark Cuban, Mark Pincus, Ross Mason, Sunil Paul | Announced |
Factmata has raised $1.8M in total across 2 funding rounds.
Factmata's investors include Andreessen Horowitz, Angel investor, Archetype, Blisce, Bond, Bow Capital, Caffeinated Capital, Chapter One Ventures, Coatue, CoinFund, Compound, Craft Ventures.
Factmata was a London-based AI startup founded in 2017 that built tools to detect and combat online misinformation using natural language processing (NLP) and machine learning.[1][2][4] Its products analyzed news articles, social media, and web content to flag risks like bias, clickbait, hate speech, propaganda, and misleading narratives, providing credibility ratings and narrative clustering via a SaaS platform, API, and browser extension called Trusted News.[1][2][3][5] Serving publishers, brands, media monitors, and organizations, Factmata addressed the challenge of scaling human fact-checking amid exploding online content volumes, particularly during events like COVID-19, but shut down independently after its 2022 acquisition by Cision, integrating its tech into PR and media intelligence services.[1][4]
Factmata emerged in 2017 amid rising concerns over fake news, misinformation, and harmful online narratives, with founders leveraging AI to automate detection beyond human limits.[1][5] Key figures included CEO Antony Cousins, who highlighted the need to counter unverified content on topics like climate change and COVID, and leaders like Dhruv Ghulati, who discussed expanding from 6 to 19 NLP classifiers for signals like controversy, hate speech, and hyper-partisanship.[2][3] Backed early by high-profile investors such as Mark Cuban, Biz Stone (Twitter co-founder), and Mark Pincus (Zynga founder), the company gained traction through partnerships like Diffbot for data extraction and Geniusee for scaling AI analysis.[1][3][4] Pivotal moments included launching its self-service platform for real-time narrative tracking and community-annotated training data from over 2,000 journalists and experts, but technical and financial hurdles led to its acquisition by Cision in November 2022.[1][4][5]
Factmata rode the post-2016 explosion in AI-for-trust tools, targeting misinformation's societal harms amid social media's scale—billions of daily posts outpacing human moderators—exacerbated by events like COVID and elections.[1][2][5] Its timing capitalized on NLP advances and investor interest in "clean internet" solutions, influencing media ecosystems by empowering brands, publishers, and platforms to self-monitor narratives, reduce harmful spread, and boost content transparency.[2][3][4] Post-acquisition, its tech amplified Cision's media intelligence, contributing to industry shifts toward automated verification APIs and hybrid human-AI fact-checking, akin to efforts by Full Fact or Google Jigsaw, while highlighting scalability challenges in a market favoring acquisitions over independents.[1][4][5]
Factmata's story underscores the promise and pitfalls of AI misinformation fighters: innovative tech drew elite backing and real-world use, but sustainability issues ended its standalone run via Cision buyout.[1][4] Integrated into Cision, its classifiers likely enhance PR tools for narrative risk assessment, evolving with NLP progress amid rising AI regulations and demand for trustworthy content in polarized digital spaces. As deepfakes and synthetic media surge, expect its legacy—hybrid expert-AI models—to shape scaled verification, potentially powering enterprise platforms that tie back to Factmata's original vision of empowering informed online decisions.[1][2][5]