About Cogency Software
Cogency Software is a Technology company based in Burlingame (United States) founded in 2002, and was acquired by Backstop Solutions in June 2015. Automated accounting and operations solutions for alternative investments are developed. Cogency Software has raised $12 million across 4 funding rounds from investors including Backstop Solutions, Apex Venture Partners and USVP. The company has 19 employees. The company was acqui-hired. Cogency Software offers products and services including Research Management, Portfolio Management, Data Services, Capital Raising, and Investor Relations. Its focus areas include FinTech, Investment Tech, Wealth Management IT and Portfolio Management. Its legal entity is COGENCY SOFTWARE, INC. Its competitors include Altruist, CAIS and GeoWealth; 3 of its 3 listed competitors have raised funding.
Company details
Cogency Software, Inc. develops automated accounting and operations solutions for the alternative investment industry. It offers portfolio management, partnership accounting, investor prospecting, fund accounting, and contact and investor relations management solutions for institutions with mixed portfolios of hedge funds, private equity funds and daily traded instruments. The company also provides various modules for fund of hedge funds. The company has strategic alliances with FinAnalytica and HedgeOp Compliance, LLC. Cogency Software, Inc. was formerly known as Manage.Com, Inc. The company was founded in 1997 and is headquartered in Burlingame, California. The company was acquired by Backstop Solutions in 2015.
- Headquarters Burlingame, United States
- Employees 19
- Stage Acquired
- SectorsTechnology
- Website cogencysoft.com
- Social LinkedIn X
- Acquired by Backstop Solutions (Jun 2015)
- Legal Name Cogency Software, Inc.
- Total Equity Funding$12M (USD)
in 4 rounds
- Latest Funding Round$2M (USD), Series A
Mar 2007
- InvestorsBackstop Solutions
& 6 more
- Employee Count19
- Acquired byBackstop Solutions
(Jun 2015)
Products & Services of Cogency Software
Cogency Software offers a comprehensive portfolio of products and services, including Research Management, Portfolio Management, Data Services, Capital Raising, and Investor Relations.
System for managing multi-asset research and data requirements.
Platform to monitor risk and return for alternative assets.
Provides feeds for custodial and investor data analysis.
Software for tracking opportunity pipelines in investments.
Tools for personalized investor interactions and reporting.
Funding Insights of Cogency Software
Cogency Software has successfully raised a total of $12M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in March 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12M
- Total Rounds 4
- Last Round Series A — $2M
- First Round $1.01M
(Oct 2003)
- Investors Count 6
All 4 funding rounds of Cogency Software with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2007 | $2M | Series A | – | – | – |
| Dec 2005 | $2.5M | Series A | – | – | |
| Dec 2003 | $7.5M | Series A | – | – | |
| Oct 2003 | $1.01M | Debt – Convertible | – | – | – |
7 investors in total: 7 institutional.
Investors in Cogency Software
Cogency Software has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Backstop Solutions, Apex Venture Partners and USVP.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm investing in seed and growth stage companies in North America | apexvc.com | Chicago, United States | ||
VC firm that focuses on early stage investments in the US | usvp.com | Menlo Park, United States | ||
Early-stage venture capital investments are focused on US companies. | scalevp.com | Foster City, United States | ||
Early-stage companies are funded by this venture capital firm. | altos.vc | Menlo Park, United States | ||
VC firm investing in companies in the US | globespancapital.com | Boston, United States | ||
Venture capital fund focused on investing in multiple sectors | baincapitalventures.com | Boston, United States | ||
Portfolio management solutions are offered to alternative asset managers. | 2003 | backstopsolutions.com | Chicago, United States |
Investor details for Cogency Software
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Cogency Software
4 dated milestones of Cogency Software across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Cogency Software is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series A, of $2.0M.
- Exit Acquired by Backstop Solutions.
Competitors of Cogency Software
Cogency Software has 3 listed competitors in our database, 3 of them funded. They include Altruist, CAIS and GeoWealth.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| altruist.com | 2018 | Los Angeles, United States | $601.5M | 169 | Portfolio management software for financial advisors | |
| caisgroup.com | 2009 | New York, United States | $734M | Financial planning and advisory solutions are offered to wealth managers. | ||
| geowealth.com | 2010 | Chicago, United States | $75M | Integrated wealth management solutions are offered for advisors and institutions. |
Detailed competitors of Cogency Software
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Cogency Software (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Cogency Software
Cogency Software was founded in 2002 and raised its 1st funding round 1 year after it was founded.
Cogency Software is headquartered in Burlingame, United States. It is registered at Burlingame, California, United States.
Cogency Software is a funded company, having raised a total of $12M across 4 funding rounds to date. The company's 1st funding round was a Debt – Convertible of $1.01M, raised on Oct 2003.
Cogency Software has 19 employees.
Cogency Software, Inc. develops automated accounting and operations solutions for the alternative investment industry. It offers portfolio management, partnership accounting, investor prospecting, fund accounting, and contact and investor relations management solutions for institutions with mixed portfolios of hedge funds, private equity funds and daily traded instruments. The company also provides various modules for fund of hedge funds. The company has strategic alliances with FinAnalytica and HedgeOp Compliance, LLC. Cogency Software, Inc. was formerly known as Manage.Com, Inc. The company was founded in 1997 and is headquartered in Burlingame, California. The company was acquired by Backstop Solutions in 2015.
Cogency Software offers Research Management, Portfolio Management, Data Services, Capital Raising, and Investor Relations.
Cogency Software has 7 investors. Key investors include Backstop Solutions, Apex Venture Partners, USVP, Scale Venture Partners, and Altos Ventures Management.
Cogency Software operates through Cogency Software, Inc..
Yes. Cogency Software was acquired by Backstop Solutions in June 2015.