LetsData Wins at SelectUSA Investment Summit 2023 Pitching Competition

Washington, D.C. – LetsData, a leading AI-driven solution for early detection and navigation of information operations (InfoOps), has won the 2023 SelectUSA World Pitching competition. The award ceremony took place on the final day of the summit, followed by a speech from U.S. Secretary of State Antony Blinken, who expressed hope for further investments in both time and talent. LetsData competed against other international startups and emerged victorious, earning recognition and praise from SelectUSA judges in the Software category and later in the Global World Finals.

“We were incredibly proud to have 26 companies representing Ukraine at SelectUSA. Among the 8 companies competing in the World Finals, three were Ukrainian. This demonstrates the resilience of Ukraine and its tech sector,” said Andriy Kusyy, CEO and Co-Founder of LetsData. "Congratulations to the other finalists, A.D.A.M and Djooky, for their outstanding achievements at the summit."

Founded in 2022, LetsData’s mission is to protect organizations from the evolving landscape of information operations. By leveraging cutting-edge AI to analyze and anticipate communication risks, LetsData empowers businesses and governments to proactively defend against disinformation, social engineering, and coordinated influence campaigns. The company’s AI-powered platform provides actionable insights for data-driven decision-making, ensuring resilience in the face of malicious information threats.

Winning the SelectUSA competition expands LetsData’s reach and solidifies its presence in the global market. Andriy Kusyy, CEO, stated, “Victory at SelectUSA has been a huge milestone for us as we scale in the U.S. market. The summit resulted in hundreds of new contacts, nine follow-ups with highly interested investors, and over 30 requests from potential clients. The level of interest and support for our AI-driven solutions to enhance communication resilience has been incredible. We are grateful for the support from the U.S. government and the chance to connect with Secretary of Commerce Gina M. Raimondo, who was enthusiastic in sharing ideas and even asked for a business card. The event was a fantastic opportunity to showcase Ukraine’s innovation and strength on the global stage.”

Secretary of Commerce Gina Raimondo congratulated LetsData on their victory, and U.S. President Joe Biden addressed the summit, highlighting the competitiveness of the U.S. business climate: “There is no country on earth that can match the competitiveness of the United States' business environment.”

LetsData’s win at the SelectUSA Investment Summit 2023 is a testament to the strength of the Ukrainian tech sector and LetsData’s commitment to defending organizations from information operations. “As a Ukrainian startup, LetsData brings a unique, battle-tested expertise in navigating the complex landscape of information threats,” said Ksenia Iliuk, COO and Co-Founder of LetsData. “Our victory at SelectUSA is a powerful recognition of the growing global demand for AI-driven solutions to combat disinformation and influence operations.”

SelectUSA is the largest investment forum in the United States, attended by over 4,900 participants from 82 countries. The summit brings together businesses and investors seeking to establish or expand their operations in the U.S., providing access to key decision-makers in both the public and private sectors.