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Today: December 5, 2024
March 8, 2024
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Cogna Secures £376M Investment for Future Growth


TLDR:

  • Cogna, a London-based AI-driven SaaS platform provider, raised £3.76M in funding.
  • The funding round was led by Hoxton Ventures, with participation from other investors.

Cogna, a London-based provider of an AI-driven SaaS platform to create customised software applications, raised £3.76M in funding. The round was led by Hoxton Ventures, with participation from Notion Capital and Octopus First Cheque Fund, and angel investors. The company, founded by Ben Peters and Lars Mennen, aims to democratize technology, making hyper-customised software accessible to businesses of all sizes. Their platform simplifies the integration of data across different business areas, allowing domain experts to create their own customised software tools in collaboration with AI to drive analysis, optimizations, and decisions. The funds will be used to expand operations and development efforts, with Cogna’s users already including companies like Cadent Gas.


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