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Invest in Ferretly

AI-powered social media screening for smarter hiring

  • $28,000Amount raised
  • $1,000Minimum
  • $4,000,000Pre-Money valuation

Purchased securities are not currently tradeable. Expect to hold your investment until the company lists on a national exchange or is acquired.

Ferretly is offering securities under both Regulation D and Regulation CF through SI Securities, LLC ("SI Securities"). SI Securities is an affiliate of SeedInvest Technology, LLC, a registered broker-dealer, and member FINRA/SIPC. SI Securities will receive cash compensation equal to 7.50% of the value of the securities sold and equity compensation equal to 5.00% of the number of securities sold. Investments made under both Regulation D and Regulation CF involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest. Furthermore, the contents of the Highlights, Term Sheet sections have been prepared by SI Securities and shall be deemed broker-dealer communications subject to FINRA Rule 2210 (the “Excluded Sections”). With the exception of the Excluded Sections noted above, this profile contains offering materials prepared solely by Ferretly without the assistance of SI Securities, and not subject to FINRA Rule 2210 (the “Issuer Profile”). The Issuer Profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. Investors should review the risks and disclosures in the offering's draft. The contents of this profile are meant to be a summary of the information found in the company’s Form C. Before making an investment decision, investors should review the company’s Form C for a complete description of its business and offering information, a copy of which may be found both here and below.


Company Highlights

  • Achieved customer traction in the first nine months from product launch with over 200 online signups with over 50% paid
  • Seven reseller deals from background screening companies in Atlanta, Florida, New York, New Jersey, Massachusetts, Ohio, Los Angeles, and Washington State
  • Selected for HR Techology’s 2019 Pitchfest, designed to recognize innovation and contributions to the future of HR tech space
  • Analyzed over 1 million posts, with over 13,000 flags; average turnaround times for comprehensive reports under 1 hour
  • Founders are industry veterans with prior software and consulting companies and successful exits

Fundraise Highlights

  • Total Amount Raised: US $28,000
  • Total Round Size: US $600,000
  • Raise Description:  Seed
  • Minimum Investment:  US $1,000 per investor
  • Security Type:  Preferred Equity
  • Pre-Money valuation :  US $4,000,000
  • Offering Type:   Side by Side Offering

Ferretly is a powerful yet simple web platform that leverages AI to analyze a subject's public social media posts efficiently. By using Ferretly, organizations of any size can reduce risks to their brand, employees, and bottom line.


According to a 2018 CareerBuilder Survey, 70% of US-based employers use social media to screen candidates during the hiring process. And according to research conducted by Kellogg School of Management at Northwestern University, avoiding toxic hires can save companies, on average, $12,800 in turnover costs. And yet, there has been no efficient, unbiased and consistent way to perform these types of background screens until now. Ferretly makes this process fast, accurate, and effortless and, most importantly, consistent by providing an FCRA compliant report and full-featured application to manage the entire screening process.

After 18 months of research and development, millions of posts and images analyzed, and thousands of background checks, we have arrived at one of the most innovative platforms on the market for smarter hiring. This application truly illustrates how big data and AI can come together in an extremely intuitive and useful way to help organizations mitigate risk.

In the first six months since product launch, we have secured several major background screening companies as clients, including a company that provides social media screening for dozens of Division 1 Universities for athletic recruiting and scholarships. Over 200 clients across the US have signed up online, with more than 55% purchasing one or more background search credits. We are attracting a new class of customers in the mid-market as well as companies switching from competitor platforms at a rapid pace. As we enhance our feature-set and build out our sales and marketing organization, we anticipate a move into the enterprise with larger deal sizes that will make Ferretly the number one provider in this new and fast-growing industry.

The Team

Founders and Officers

Darrin Lipscomb is a 30-year veteran in the technology industry including launching several software and consulting startups with successful exits. His companies provided unique, forward-thinking solutions focused primarily on Fortune 500 companies and government organizations at the federal and state level.  Prior to launching Ferretly, a powerfully simple application that incorporates AI to mitigate employment risk, Darrin was the Global CTO for Public Safety and Smart Cities division of Hitachi Data Systems that was formed from the acquisition of his company he founded called Avrio Group in 2014 which provided city-wide IoT sensors and a platform for geospatial modeling.  Darrin has published numerous articles on smart cities, open source intelligence, and employee risk management. Mr. Lipscomb obtained his (M.S.) Master of Science degree in Systems Engineering from Virginia Tech with emphasis on decision support, system dynamics, and statistical modeling.

Darrin Lipscomb

CEO

Darrin Lipscomb is a 30-year veteran in the technology industry including launching several software and consulting startups with successful exits. His companies provided unique, forward-thinking solutions focused primarily on Fortune 500 companies and government organizations at the federal and state level.  Prior to launching Ferretly, a powerfully simple application that incorporates AI to mitigate employment risk, Darrin was the Global CTO for Public Safety and Smart Cities division of Hitachi Data Systems that was formed from the acquisition of his company he founded called Avrio Group in 2014 which provided city-wide IoT sensors and a platform for geospatial modeling.  Darrin has published numerous articles on smart cities, open source intelligence, and employee risk management. Mr. Lipscomb obtained his (M.S.) Master of Science degree in Systems Engineering from Virginia Tech with emphasis on decision support, system dynamics, and statistical modeling.

Craig Eddy has 30 years of experience in software engineering, development and management working for software startups and Federal Government contractors.  He currently leads Ferretly’s long-term technology vision and is responsible for the overall software architecture and engineering.  Prior to joining Ferretly, Craig was the chief architect at Empact Development where he managed the development of the Foreign Assistance Coordination and Tracking System (FACTS Info) for the US State Department.  Craig was also cofounder for a CRM software startup and worked with Darrin for 10 years including after the acquisition of his company by Remedy.  Craig has a B.S. in Electrical Engineering from Virginia Tech.  Craig has published numerous books and articles on database and web development.

Craig Eddy

CTO

Craig Eddy has 30 years of experience in software engineering, development and management working for software startups and Federal Government contractors.  He currently leads Ferretly’s long-term technology vision and is responsible for the overall software architecture and engineering.  Prior to joining Ferretly, Craig was the chief architect at Empact Development where he managed the development of the Foreign Assistance Coordination and Tracking System (FACTS Info) for the US State Department.  Craig was also cofounder for a CRM software startup and worked with Darrin for 10 years including after the acquisition of his company by Remedy.  Craig has a B.S. in Electrical Engineering from Virginia Tech.  Craig has published numerous books and articles on database and web development.

Term Sheet

A Side by Side offering refers to a deal that is raising capital under two offering types. If you plan on investing less than US $20,000.00, you will automatically invest under the Regulation CF offering type. If you invest more than US $20,000.00, you must be an accredited investor and invest under the Regulation D offering type.

Fundraising Description

  • Round type:
    Seed

  • Round size:
    US $600,000

  • Raised to date:
    US $28,000
    US $28,000 (under Reg CF only)

  • Minimum investment:
    US $1,000

  • Target Minimum:
    US $200,000
  • Key Terms

  • Security Type:
    Preferred Equity

  • Share price:
    US $10.0

  • Pre-Money valuation:
    US $4,000,000
  • Additional Terms

  • Custody of Shares

    Investors who invest $50,000 or less will have their securities held in trust with a Custodian that will serve as a single shareholder of record. These investors will be subject to the Custodian’s Account Agreement, including the electronic delivery of all required information.


  • Closing conditions:
    While Ferretly has set an overall target minimum of US $200,000 for the round, Ferretly must raise at least US $25,000 of that amount through the Regulation CF portion of their raise before being able to conduct a close on any investments below $20,000. For further information please refer to Ferretly's Form C.

  • Transfer restrictions:
    Securities issued through Regulation CF have a one year restriction on transfer from the date of purchase (except to certain qualified parties as specified under Section 4(a)(6) of the Securities Act of 1933), after which they become freely transferable. While securities issued through Regulation D are similarly considered "restricted securities" and investors must hold their securities indefinitely unless they are registered with the SEC and qualified by state authorities, or an exemption from such registration and qualification requirements is available.

  • Use of Proceeds

    Market Landscape

    Background Check Services in US Market 2016-2019


    The global background screening market is expected to grow almost 50% between 2016 and 2025 to a US$ 5.46 Billion industry according to researchandmarkets.com.  In the US alone there are on average 4 applicants for every job opening and an estimated 68 Million hires per year.  And according to the Society for Human Resource Managers (SHRM) employers are showing increasing interest in screening candidates' online presence.

    There are currently 4 providers of social media background check services in the United States: FAMA, Social Intelligence, Social Discovery and Ferretly.  FAMA is a competitor that also leverages AI as part of their solution.  However FAMA does not offer a self-service capability and can only guarantee a minimum of 24 hour turnaround.  Social Intelligence and Social Discovery offer a completely manual, aka, analyst provided service with turnaround times often exceeding 48 hours.  Because Ferretly offers self-service capability we can provide 1 hour turnaround times using our platform directly.

    Ferretly combines both machine learning as well as natural language processing. So not only do we analyze the text of the posts across a broad spectrum of risk classifications, we also analyze the images for violence, racy and drug and alcohol.  Ferretly also combines sentiment analysis to provide insight into the candidate's emotional state over time.  

    An analyst for one of our background screening partners recently stated. "The platform is extremely simple and intuitive and your reports blow away the competition including FAMA and Social Intelligence."

    Ferretly makes money from online signups and purchase of social media search credits.  We also sell this as a service to background screening companies who in turn resell this to their customers.  We also offer enterprise subscriptions (Q1 2020) that includes continuous screening.

    Risks and Disclosures

    The reviewing CPA has included a “going concern” note in the reviewed financials. Specifically, the Company has limited revenue producing activity and has sustained losses since Inception. The Company relies on member contributions for working capital and to expand operations and has only recently commenced operations. These above matters raise substantial doubt about the Company's ability to continue as a going concern. During the next 12 months, the Company intends to fund its operations through additional investments from existing members, including $50,000 in funds committed to by the managing member, and a proposed Regulation Crowdfunding round of financing. If it cannot raise additional short-term capital, we may consume all of the cash reserved for operations. There are no assurances that management will be able to raise capital on terms acceptable to the Company. If the Company is unable to obtain sufficient amounts of additional capital, it may be required to reduce the scope of its planned development, which could harm the business, financial condition and operating results.

    We have not prepared any audited financial statements. Therefore, you have no audited financial information regarding the Company’s capitalization or assets or liabilities on which to make your investment decision. If you feel the information provided is insufficient, you should not invest in the Company.

    The development and commercialization of the Company’s products and services are highly competitive. It faces competition with respect to any products and services that it may seek to develop or commercialize in the future. Its competitors include major companies worldwide. The Social Media Background Screening market is an emerging industry where new competitors are entering the market frequently. Many of the Company’s competitors have significantly greater financial, technical and human resources and may have superior expertise in research and development and marketing approved services and thus may be better equipped than the Company to develop and commercialize services. These competitors also compete with the Company in recruiting and retaining qualified personnel and acquiring technologies. Smaller or early stage companies may also prove to be significant competitors, particularly through collaborative arrangements with large and established companies. Accordingly, the Company’s competitors may commercialize products more rapidly or effectively than the Company is able to, which would adversely affect its competitive position, the likelihood that its services will achieve initial market acceptance and its ability to generate meaningful additional revenues from its products and services.

    The Company’s expenses will significantly increase as they seek to execute their current business model. Although the Company estimates that it has enough runway until end of year, they will be ramping up cash burn to promote revenue growth, further develop R&D, and fund other Company operations after the raise. Doing so could require significant effort and expense or may not be feasible.

    The Company projects aggressive growth. If these assumptions are wrong and the projections regarding market penetration are too aggressive, then the financial forecast may overstate the Company's overall viability. In addition, the forward-looking statements are only predictions. The Company has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.

    The actual or perceived failure of the Company’s products to successfully screen the social media presence of candidates could harm the Company’s reputation and adversely impact its business, results of operations, and financial condition. The Company’s products are designed to identify employees and candidates that have exhibited undesirable behavior online and reduce the threat to a “toxic hire.” Ferretly’s products may fail to detect or prevent such faulty hires for any number of reasons. Even where the Company’s products perform as intended, the performance of the products can be negatively impacted by its failure to enhance, expand, or update its network and products; improper deployment or configuration of products; and many other factors.

    Changes in laws and regulations related to the internet, perceptions toward the use of social media and changes in internet infrastructure itself may diminish the demand for the Ferretly platform or products and could adversely affect its business and results of operations. The success of the business depends upon the continued use of internet and social media networks. Federal, state, or foreign government bodies or agencies have in the past adopted, and may in the future adopt, laws or regulations affecting the use of the internet as a commercial medium. In addition, government agencies or private organizations have imposed and may impose additional taxes, fees or other charges for accessing the internet, generally. These laws, taxes, fees or charges could limit the use of the internet or decrease the demand for internet-based solutions. Additionally, the public’s increasing concerns about privacy and the use of social media may negatively affect the use or popularity of social media networks, and, in turn, adversely affect Ferretly’s business. For example, negative publicity surrounding particular forums of social media may have an adverse effect on customers’ and prospective customers’ perceived value of Ferretly’s solution and willingness to purchase subscriptions or expand such subscriptions to more users or additional departments across their organizations. Similarly, enhanced scrutiny may lead to an increase in regulation of social media, which in turn could change the data or the manner in which data is shared by social media networks to social media management providers and other developers. Any change to the data we receive from social media networks or other third parties may negatively affect the functionality of its platform and products.

    The Company’s Board does not keep meeting minutes from its board meetings. Though the Company is a Delaware LLC and Delaware does not legally require its LLCs to record and retain meeting minutes, the practice of keeping board minutes is critical to maintaining good corporate governance. Minutes of meetings provide a record of corporate actions, including director and officer appointments and board consents for issuances, and can be helpful in the event of an audit or lawsuit. These recordkeeping practices can also help to reduce the risk of potential liability due to failure to observe corporate formalities, and the failure to do so could negatively impact certain processes, including but not limited to the due diligence process with potential investors or acquirers. There is no guarantee that the Company’s board will begin keeping board meeting minutes.

    The Company has indicated that it is required to obtain certain licenses and permits in order to operate, but SeedInvest has not reviewed such licenses and permits. In particular, the Company’s U.S. operations are subject to numerous laws that regulate privacy, data security and the use of consumer information. Certain of these laws provide for civil and criminal penalties for the unauthorized release of, or access to, this protected information. The laws and regulations that affect U.S. business include, but are not limited to, the FCRA. FCRA applies to consumer credit reporting agencies, as well as data furnishers and users of consumer reports. FCRA promotes the accuracy, fairness and privacy of information in the files of consumer reporting agencies that engage in the practice of assembling or evaluating information relating to consumers for certain specified purposes. FCRA limits what information may be reported by consumer reporting agencies, limits the distribution and use of consumer reports, establishes consumer rights to access and dispute their own credit files, requires consumer reporting agencies to make available to consumers a free annual credit report and imposes many other requirements on consumer reporting agencies, data furnishers and users of consumer report information. Violation of FCRA can result in civil and criminal penalties. The law contains an attorney fee shifting provision to provide an incentive to consumers to bring individual or class action lawsuits against a consumer reporting agency for violations of FCRA. Regulatory enforcement of FCRA is under the purview of the FTC, the CFPB and state attorneys general, acting alone or in concert with one another.

    Prior to the offering, the Company conducted operations through the banking accounts of an affiliated party. Although the Company has since opened a corporate account, and has confirmed its intent to conduct future operations through this business account, the prior lack of a corporate account may subject the Company to certain risks, and may indicate poor corporate governance or accounting oversight. Specifically, there is a risk that it may be more difficult to ascertain the accuracy and transparency of the Company’s past accounting for prior operations, as well as the financial statements and models on which the Company is relying. This could have negative consequences on the Company’s operations including mismanagement of finances or cash flow.

    Not all of the founders or key employees are currently working full time for the Company. As a result, certain of the Company's employees, officers, directors or consultants may not devote all of their time to the business, and may from time to time serve as employees, officers, directors, and consultants of other companies. These other companies may have interests in conflict with the Company.

    The Company’s cash position is relatively weak. The Company currently had only $2,358 in cash balances as of December 31, 2019. The Company believes that it is able to continue extracting cash from sales to extend its runway. The Company could be harmed if it is unable to meet its cash demands, and the Company may not be able to continue operations if they are not able to raise additional funds.

    General Risks and Disclosures

    Start-up investing is risky. Investing in startups is very risky, highly speculative, and should not be made by anyone who cannot afford to lose their entire investment. Unlike an investment in a mature business where there is a track record of revenue and income, the success of a startup or early-stage venture often relies on the development of a new product or service that may or may not find a market. Before investing, you should carefully consider the specific risks and disclosures related to both this offering type and the company which can be found in this company profile and the documents in the data room below.

    Your shares are not easily transferable. You should not plan on being able to readily transfer and/or resell your security. Currently there is no market or liquidity for these shares and the company does not have any plans to list these shares on an exchange or other secondary market. At some point the company may choose to do so, but until then you should plan to hold your investment for a significant period of time before a "liquidation event" occurs. A "liquidation event" is when the company either lists their shares on an exchange, is acquired, or goes bankrupt.

    The Company may not pay dividends for the foreseeable future. Unless otherwise specified in the offering documents and subject to state law, you are not entitled to receive any dividends on your interest in the Company. Accordingly, any potential investor who anticipates the need for current dividends or income from an investment should not purchase any of the securities offered on the Site.

    Valuation and capitalization. Unlike listed companies that are valued publicly through market-driven stock prices, the valuation of private companies, especially startups, is difficult to assess and you may risk overpaying for your investment. In addition, there may be additional classes of equity with rights that are superior to the class of equity being sold.

    You may only receive limited disclosure. While the company must disclose certain information, since the company is at an early-stage they may only be able to provide limited information about its business plan and operations because it does not have fully developed operations or a long history. The company may also only obligated to file information periodically regarding its business, including financial statements. A publicly listed company, in contrast, is required to file annual and quarterly reports and promptly disclose certain events — through continuing disclosure that you can use to evaluate the status of your investment.

    Investment in personnel. An early-stage investment is also an investment in the entrepreneur or management of the company. Being able to execute on the business plan is often an important factor in whether the business is viable and successful. You should be aware that a portion of your investment may fund the compensation of the company's employees, including its management. You should carefully review any disclosure regarding the company's use of proceeds.

    Possibility of fraud. In light of the relative ease with which early-stage companies can raise funds, it may be the case that certain opportunities turn out to be money-losing fraudulent schemes. As with other investments, there is no guarantee that investments will be immune from fraud.

    Lack of professional guidance. Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g., angel investors and venture capital firms). These investors often negotiate for seats on the company's board of directors and play an important role through their resources, contacts and experience in assisting early-stage companies in executing on their business plans. An early-stage company may not have the benefit of such professional investors.

    Representatives of SI Securities, LLC are affiliated with SI Advisors, LLC ("SI Advisors") Representatives of SI Securities, LLC are affiliated with SI Advisors, LLC ("SI Advisors"). SI Advisors is an exempt investment advisor that acts as the General Partner of SI Selections Fund I, L.P. ("SI Selections Fund"). SI Selections Fund is an early stage venture capital fund owned by third-party investors. From time to time, SI Selections Fund may invest in offerings made available on the SeedInvest platform, including this offering. Investments made by SI Selections Fund may be counted towards the total funds raised necessary to reach the minimum funding target as disclosed in the applicable offering materials.

    Ferretly's Form C

    The Form C is a document the company must file with the Securities and Exchange Commission, which includes basic information about the company and its offering and is a condition to making a Reg CF offering available to investors. It is important to note that the SEC does not review the Form C, and therefore is not recommending and/or approving any of the securities being offered.

    Download Ferretly's  Form C

    Frequently Asked Questions

    About Side by Side Offerings
    What is Side by Side?

    A Side by Side offering refers to a deal that is raising capital under two offering types. This Side by Side offering is raising under Regulation CF and Rule 506(c) of Regulation D.


    What is a Form C?

    The Form C is a document the company must file with the Securities and Exchange Commission (“SEC”) which includes basic information about the company and its offering and is a condition to making a Reg CF offering available to investors. It is important to note that the SEC does not review the Form C, and therefore is not recommending and/or approving any of the securities being offered.

    Before making any investment decision, it is highly recommended that prospective investors review the Form C filed with the SEC (included in the company's profile) before making any investment decision.


    What is Rule 506(c) under Regulation D?

    Rule 506(c) under Regulation D is a type of offering with no limits on how much a company may raise. The company may generally solicit their offering, but the company must verify each investor’s status as an accredited investor prior to closing and accepting funds. To learn more about Rule 506(c) under Regulation D and other offering types check out our blog and academy.


    What is Reg CF?

    Title III of the JOBS Act outlines Reg CF, a type of offering allowing private companies to raise up to $1 million from all Americans. Prior capital raising options limited private companies to raising money only from accredited investors, historically the wealthiest ~2% of Americans. Like a Kickstarter campaign, Reg CF allows companies to raise funds online from their early adopters and the crowd. However, instead of providing investors a reward such as a t-shirt or a card, investors receive securities, typically equity, in the startups they back. To learn more about Reg CF and other offering types check out our blog and academy.


    Making an Investment in Ferretly
    How does investing work?

    When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until it is accepted by Ferretly. Once Ferretly accepts your investment, and certain regulatory procedures are completed, your money will be transferred from the escrow account to Ferretly in exchange for your securities. At that point, you will be a proud owner in Ferretly.


    What will I need to complete my investment?

    To make an investment, you will need the following information readily available:

    1. Personal information such as your current address and phone number
    2. Employment and employer information
    3. Net worth and income information
    4. Social Security Number or passport
    5. ABA bank routing number and checking account number (typically found on a personal check or bank statement)

    If you are investing under Rule 506(c) of Regulation D, your status as an Accredited Investor will also need to be verified and you will be asked to provide documentation supporting your income, net worth, revenue, or net assets or a letter from a qualified advisor such as a Registered Investment Advisor, Registered Broker Dealer, Lawyer, or CPA.


    How much can I invest?

    An investor is limited in the amount that he or she may invest in a Reg CF offering during any 12-month period:

    • If either the annual income or the net worth of the investor is less than $100,000, the investor is limited to the greater of $2,000 or 5% of the lesser of his or her annual income or net worth.
    • If the annual income and net worth of the investor are both greater than $100,000, the investor is limited to 10% of the lesser of his or her annual income or net worth, to a maximum of $100,000.

    Separately, Ferretly has set a minimum investment amount of US $1,000.

    Accredited investors investing $20,000 or over do not have investment limits.


    After My Investment
    What is my ongoing relationship with the Issuer?

    You are a partial owner of the company, you do own securities after all! But more importantly, companies which have raised money via Regulation CF must file information with the SEC and post it on their websites on an annual basis. Receiving regular company updates is important to keep shareholders educated and informed about the progress of the company and their investment. This annual report includes information similar to a company’s initial Reg CF filing and key information that a company will want to share with its investors to foster a dynamic and healthy relationship.

    In certain circumstances a company may terminate its ongoing reporting requirement if:

    1. The company becomes a fully-reporting registrant with the SEC
    2. The company has filed at least one annual report, but has no more than 300 shareholders of record
    3. The company has filed at least three annual reports, and has no more than $10 million in assets
    4. The company or another party purchases or repurchases all the securities sold in reliance on Section 4(a)(6)
    5. The company ceases to do business

    However, regardless of whether a company has terminated its ongoing reporting requirement per SEC rules, SeedInvest works with all companies on its platform to ensure that investors are provided quarterly updates. These quarterly reports will include information such as: (i) quarterly net sales, (ii) quarterly change in cash and cash on hand, (iii) material updates on the business, (iv) fundraising updates (any plans for next round, current round status, etc.), and (v) any notable press and news.


    How can I sell my securities in the future?

    Currently there is no market or liquidity for these securities. Right now Ferretly does not plan to list these securities on a national exchange or another secondary market. At some point Ferretly may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when Ferretly either lists their securities on an exchange, is acquired, or goes bankrupt.


    How do I keep track of this investment?

    You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement. If invested under Regulation CF you may also receive periodic updates from the company about their business, in addition to monthly account statements.


    Other General Questions
    What is this page about?

    This is Ferretly's fundraising profile page, where you can find information that may be helpful for you to make an investment decision in their company. The information on this page includes the company overview, team bios, and the risks and disclosures related to this investment opportunity. If the company runs a side by side offering that includes an offering under Regulation CF, you may also find a copy of the Ferretly's Form C. The Form C includes important details about Ferretly's fundraise that you should review before investing.


    How can I (or the company) cancel my investment under Regulation CF?

    For offerings made under Regulation CF, you may cancel your investment at any time up to 48 hours before a closing occurs or an earlier date set by the company. You will be sent a reminder notification approximately five days before the closing or set date giving you an opportunity to cancel your investment if you had not already done so. Once a closing occurs, and if you have not canceled your investment, you will receive an email notifying you that your securities have been issued. If you have already funded your investment, your funds will be promptly refunded to you upon cancellation. To cancel your investment, you may go to your account's portfolio page by clicking your profile icon in the top right corner.


    What if I change my mind about investing?

    If you invest under any other offering type, you may cancel your investment at any time, for any reason until a closing occurs. You will receive an email when the closing occurs and your securities have been issued. If you have already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To cancel your investment, please go to your account's portfolio page by clicking your profile icon in the top right corner.