Socialeads has raised $1,750,000 in new funding from existing investors Northwestern Mutual and Winnebago Seed Fund along with new investors Cameron Ventures, Rock River Capital and Silicon Valley's Plug & Play Ventures.

Socialeads, Inc. was founded in 2018 by Larry Hitchcock and Matthew Salzer and is headquartered in Milwaukee. The startup's unique AI and Machine Learning platform is geared to support the financial services arena, starting with life insurance (a $1T industry). Their technology will enable companies to leverage proprietary enterprise sales and marketing data to gain insights from their social networks. Ultimately, this will increase quality growth in lead generation, network connections, and trusted advisor relationships.