CognitiveScale

About

CognitiveScale is a enterprise AI Platform.

Austin,Texas,United States
51 - 100
http://www.cognitivescale.com

Highlights

Details

Last Funding Type: Seed
Industries: Artificial Intelligence,Big Data,Health Insurance,Information Services,Information Technology,Machine Learning,SaaS,Software
Founded date: Jul 1, 2013
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: CognitiveScale, Inc.

CognitiveScale pioneered the concept of 'AI Engineering', paving the way to industrialize scalable Enterprise AI development and deployment. Backed by over 100 issued AI patents, the award-winning Cortex AI Platform empowers businesses to infuse trusted decision intelligence into business processes and applications maximizing total customer experience and operational efficiency. Our platform currently delivers hyper-personalized insights to more than 100 million customers.

Headquartered in Austin, Texas, CognitiveScale is recognized by the World Economic Forum for positively impacting business and society through responsible AI. We are backed by investment from Norwest Venture Partners, Intel Capital, IBM, Westly Group, M12 (Microsoft Ventures), Anthem, and USAA.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$40M

CognitiveScale has raised a total of $40M in funding over 2 rounds. Their latest funding was raised on Jul 31, 2020 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 31, 2020	Series B	—	2	—	—	Detail
Feb 26, 2018	Series B	—	2	—	—	Detail
Jun 13, 2017	Series Unknown	$15M	5	—	—	Detail
Oct 4, 2016	Series B	$25M	5	Intel Capital Norwest Venture Partners	—	Detail
Oct 22, 2014	Seed	—	1	The Entrepreneurs' Fund	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

8

CognitiveScale is funded by 8 investors. The Entrepreneurs' Fund and M12 - Microsoft's Venture Fund are the most recent investors.

Investor Name	Lead Investor	Funding Round
The Entrepreneurs' Fund	Yes	Seed
M12 - Microsoft's Venture Fund	—	Series B
Norwest Venture Partners	—	Series B
Intel Capital	—	Series Unknown
The Westly Group	—	Series Unknown
USAA	—	Series Unknown
IBM	—	Series B
IBM Ventures	—	Series B