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Pendulum Raises $5.9M To Help Organizations Track Harmful Narratives

PRIVATEJan 07, 2022

Amount Raised

$5.9 Million

Round Type

Funding Round

San FranciscoBiotechnologySoftware

Description

Pendulum helps companies, governments and other organizations track harmful narratives on social media platforms and elsewhere on the web. The company today announced that it has raised a $5.9 million seed round led by Madrona Venture Group, with participation from Cercano Management and others. The service was incubated inside Madrona Venture Labs.

Who else raised in Biotechnology and Software around the same time

Companies in the same sectors as Pendulum that raised within 45 days of this round, from Fundz verified event records.

  • Classiq raised $33M (Funding Round) on February 17, 2022.
  • Saguaro Biosciences raised $1.1M (Seed) on February 16, 2022.
  • SpliceBio raised $54M (Series A) on February 16, 2022.
  • Prelude raised $9.3M on February 15, 2022.
  • Koneksa Health raised $45M (Series C) on February 7, 2022.
  • Kula Bio raised $50M on January 28, 2022.

Who to call at Pendulum, and when

A new round usually means Pendulum is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Pendulum raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Pendulum, from your own LinkedIn network

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Company Information

Company

Pendulum

Location

San Francisco, California, United States

About

The company today announced that it has raised a $5.9 million seed round led by Madrona Venture Group, with participation from Cercano Management and others. With support for YouTube, BitChute, Rumble and Podcasts currently available, the platform will grow to encompass all social platforms of importance over the coming months.”The team behind Pendulum Listes stressed that for a platform like Pendulum to work, it has to cover as many platforms as possible. ” That means the company can work with corporations, for example, which may want to track narratives around a company’s executives and assets, for communications but also security reasons.Because it doesn’t want to decide whether something is true or not, Pendulum opens itself up for use by nefarious actors as well. Listes argues that the company doesn’t track any personal identifiable information, though, and that the team is quite cognizant of this possibility. ”Yet while Pendulum can be used by government agencies to track online narratives, it’s a commercial service first. But Listes also noted that Pendulum isn’t in the business of adjudicating truth.

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Pendulum raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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