Kognitos, a San Jose, CA-based company which specializes in generative AI for business automation using Large Language Models (LLMs), raised $6.75M in Seed funding.
The round was led by Clear Ventures with participation from Engineering Capital and Wipro Ventures.
The company intends to use the funds for the expansion of its cloud-based Koncierge platform.
Led by Binny Gill, founder and CEO, Kognitos enables generative AI to automate enterprise business processes.
Founded in 2020, the company uses natural language processing automation (NLPA) and Large Language Models (LLMs) such as ChatGPT to enable business users to build automated workflows using everyday English. Kognitos is bringing automation to billions of business users worldwide. The platform includes Koncierge, an interface that enables business users to plan automated processes, and BrainAI, a serverless technology that executes the action plan created in Koncierge. Using its own LLMs and related technologies such as GPT3, ChatGPT, OCR and NLP, Kognitos translates English commands into business automation, allowing users to customize processes in real time.
With the addition of this seed funding, the company has received $9.35M venture capital to date.
FinSMEs
07/02/2023