Cogna, a London, UK-based precision solutions provider using AI-powered software development to address complex business inefficiencies across critical industries, raised $15M in Series A funding.
The round was led by Notion Capital with participation from Hoxton Ventures and Chalfen Ventures.
The company intends to use the funds to expand its platform capabilities, supporting a broader range of sectors and increasing the capabilities of its automated AI-powered software factory to deliver precision solutions to any business worker on demand.
Led by CEO Ben Peters, Cogna provides an AI-powered platform that enables non-technical teams to describe the pain points within their operating models and generate software solutions. Its approach empowers companies to break through legacy system limitations, enhance processes, streamline and automate high-value knowledge work as well as driving productivity improvements across areas such as procurement, operations and asset management.
Cogna has gained significant market traction across critical industries, signing major customers such as Cadent Gas and Network Plus.
FinSMEs
11/11/2024