Tech Company Financing Transactions
Cognaize Funding Round
On 7/18/2023, Cognaize raised $18 million in Series A funding from Argonautic Ventures, Metaplanet and private investors.
Transaction Overview
Company Name
Announced On
7/18/2023
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors
Argonautic Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate research and product development, marketing, and sales capacity to meet the global demand for its AI solutions, which currently are focused on meeting the specific challenges of the global financial industry.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
980 6th Avenue Floor 2
New York, NY 10018
USA
New York, NY 10018
USA
Phone
Undisclosed
Website
Email Address
Overview
Cognaize is a first-of-its-kind document automation solution powered by hybrid intelligence to drive continuous improvement for financial services and make transformative decisions that result in an ever-better business. Cognaize was founded by Vahe Andonians, a software engineer, data scientist, academic, senior lecturer, and visionary with decades of experience in the financial services industry. He has partnered with some of the most brilliant and experienced data scientists, data architects, software engineers, and Certified Financial Analysts to design solutions that address some of the most persistent document and business automation challenges in the financial services industry. Under his guidance, Cognaize has created products that empower banks, insurers, asset managers, and data providers with high-quality data. He is the spirit and inspiration behind much of what we have designed and built at Cognaize.
Management Team
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