Cognism raises $10 million to further it's AI based end-to-end sales acceleration platform

SAAS Solution Mar 12, 2020
Cognism raises $10 million to further it's AI based end-to-end sales acceleration platform

London-based Cognism, an end-to-end sales-acceleration platform that provides sales organizations with a more efficient way to prospect, raises $10 million in Series B round led by AXAVenturePartners. The firm joins New York-based PeakSpan Capital and brings total funding to date to just over $16.5 million.

The fresh capital will be used to further it's AI based end-to-end sales acceleration (SAAS) platform and expand into new markets.

Founded in 2015 by James Isilay (CEO) and Stjepan Buljat (CTO), Cognism uses patented AI technology to provide B2B sales teams with a blend of real-time company, people and event data, to streamline prospecting and find and deliver new revenue.

Delivered as a software service (SaaS), with its unique data asset and compliance engine, Cognism is helping to enrich CRM records and stream leads into prospecting funnels using artificial intelligence to surface opportunities and identify customer trends. The company offers pure AI sales technology that generates prospect data at scale, cleaning and enriching it, helping sales teams to grow and scale across all levels of the sales process. A key feature is the platform integrates seamlessly with all major CRM and Email Service systems.

Cognism is trusted by over 500 clients across sales, marketing, recruitment, events and technology. Adzooma, Vidyard, Clifford Chance and Frost & Sullivan are just some of the world-famous brands who benefit from Cognism’s leading all-in-one prospecting solution.

Cognism is headquartered in London, England, UK, with offices in USA, Macedonia, Croatia, and Singapore.

AXAVenturePartners (AVP) is a venture capital fund investing in high-growth, technology-enabled companies. AVP has built a unique investment platform specialized in tech investments with $600 million of assets under management through three pillars of investment expertise: Early Stage Fund, Growth Stage Fund and Fund of Funds.

PeakSpan Capital focuses exclusively on growth stage, B2B/enterprise software companies. The firm invests in companies that serve the full spectrum of buyers from small businesses to large enterprises.

Glen Smale

Glen Smale is a FullStack Software Engineer & CTO @StaffCluster with 15yrs tech industry experience. He is a freelance technology Journalist and writer @Bundupress.

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