Cognaize, a NYC-based intelligent document processing (IDP) company powered by its proprietary hybrid intelligence technology, closed $18m Series A funding round.
The round was led by Argonautic Ventures, with participation from Metaplanet, and several other investors.
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.
Led by Al Eisaian, CEO, and Vahe Andonians, founder, CTO and CPO, Cognaize is an AI-driven IDP solutions company powered by hybrid intelligence for financial services organizations to drive continuous improvement and make decisions. Powered by financial AI models, which have been trained on over 1.3 million documents, and each customer’s proprietary data, AI models, and financial experts, Cognaize delivers a complete AI solution integrated into the daily operations of financial services firms.
FinSMEs
18/07/2023