a year ago
Cogna raises £3.76M to revolutionize industry problem-solving with AI-powered SaaS
Cogna, a London-based AI-powered SaaS company, has secured £3.76 million in funding to help traditional industries solve complex problems
Founded in 2023, Cogna aims to disrupt the current approach of using management consultants or off-the-shelf software
The company's AI-driven SaaS platform empowers businesses to create customized software tools tailored to their specific needs
The funding round was led by Hoxton Ventures, with participation from Notion Capital, Octopus First Cheque Fund, and a roster of angel investors
Cogna plans to expand its team and continue developing its platform.
ProblemTechnology
"Productivity growth in traditional industries such as manufacturing and civil engineering has stagnated or declined over the last 15 years."
Solution
"Cogna is a SaaS company using AI to create highly customised software applications for traditional industries. Their AI-driven SaaS platform simplifies the integration of data across different business areas and gives domain experts the ability to create their own customised software tools in collaboration with AI, driving analysis, optimisations and decisions that deliver vast improvements."