CogniSure

Naperville, United States Founded: 2019 • Age: 7 yrs
Cognitive AI platform for the insurance industry

About CogniSure

CogniSure is a Financial Services company based in Naperville (United States) founded in 2019 by Sai Raman. Cognitive AI platform for the insurance industry. It operates in the Financial Services and Technology sectors. The company has 76 employees. Its chief executive, as recorded, is Sai Raman. Its Indian entity Cognisure Solutions Private Limited reported revenue of β‚Ή13.40 Cr. Its focus areas include Enterprise Infrastructure, Cognitive Computing, Applications and Insurance. Its competitors include Verisk, Carpe Data and Social Intel; 1 of its 3 listed competitors has raised funding.

Company details

Cognisure provides a cognitive AI platform for the insurance industry. It is trained to provide insurance insights through extracted data from unstructured information such as policies, loss runs, quotes, and submissions. Supports extraction from PDF, XLSX, XLS, CSV files and data output in JSON XML format.

  • Headquarters Naperville, United States
  • Employees 76
  • Founders Sai Raman
  • Sectors
    Financial Services
    Technology
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website cognisure.ai
  • Social LinkedIn X YouTube
  • Legal Name Cognisure Solutions Private Limited
  • Date of Incorporation 28 Mar, 2019
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Indian entity revenue
    ₹13.40 Cr

    FY 2024 · +18% YoY

  • Indian entity net profit
    ₹1.28 Cr

    FY 2024 · 10% margin

  • Indian entity EBITDA
    ₹1.96 Cr

    FY 2024 · 15% margin

  • Employee Count
    76

Apps and channels of CogniSure

its YouTube channel CogniSure Inc has 78 subscribers and 13 videos.

CogniSure Inc
YouTube 78 subscribers 13 videos Science & Technology
Open channel

Videos from CogniSure

The most watched videos on CogniSure's YouTube channel, CogniSure Inc (78 subscribers). Click a video to play it here.

CogniSure Submission Intake Platform
2.6K views
CogniSure Loss Run Insights
899 views
Introduction to CogniSure AI
664 views
CogniSure Submission Intake Brief Demo - Oct 2023
589 views

More on CogniSure Inc.

Board of directors of Cognisure Solutions Private Limited (CogniSure)

Cognisure Solutions Private Limited is the primary company behind CogniSure. The board of Cognisure Solutions Private Limited currently have 4 directors; the longest-serving is Padma Jhansi Yerramsetty, appointed in 2019.

DirectorDesignationAppointedTenureEntity
Padma Jhansi Yerramsetty
DIN 08403616
Director28 Mar 20197 yrs 7 moCognisure Solutions Private Limited
Rama Krishna Pallelapati
DIN 08403615
Managing Director28 Mar 20197 yrs 7 moCognisure Solutions Private Limited
Venkata Sai Raman Yerramsetty
DIN 09497068
Additional Director08 Apr 20224 yrs 7 moCognisure Solutions Private Limited
Nilesh Ramdev Lohia
DIN 11543394
Director12 Feb 20268 moCognisure Solutions Private Limited

People of CogniSure

32 people are tracked at CogniSure (6 in leadership, 26 in team); the tracked headcount is 76.

NameRoleGroup
Founder & CEOLeadership
Jyotishman Saikia
Head of Design- Product and MarketingLeadership
Vice PresidentLeadership
Sreenivasa Sasidhar Seelam
Director Of OperationsLeadership
Director - Head Of PlatformsLeadership
Katy McBride
Head of OperationsLeadership
Deepak Gangaiah
Client Service LeadTeam
Shridhar Sabanis
Business ConsultantTeam
Sindhu Krishnamurthy
Customer Service ManagerTeam
K. Thrivedh Kumar
Product AnalystTeam
Prasad Hinge
Business ConsultantTeam
Sowmya M.
Operation AnalystTeam
Sunil Lakshman
Client Service Lead at CogniSureTeam
Punitha Geetha
AVP Customer SuccessTeam
Nandini Kotian, CPCU, PMP, CIPP/E, AIC, AINS
Senior Manager - Client ServicesTeam
Vanitha J.
Customer Service ManagerTeam
Avin Kumar Boraiah
Client Service LeadTeam
Sreedhar Shiralkar
Business ConsultantTeam
Harish S.
Senior Operations AnalystTeam
Maheshwari S.
QA LeadTeam

12 more people are available in the full profile.

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Financials of CogniSure

Figures of Cognisure Solutions Private Limited, the primary company behind CogniSure, for FY 2024. Revenue was ₹13.40 Cr (+18% year on year). Net profit was ₹1.28 Cr (10% margin). EBITDA was ₹1.96 Cr (15% margin). Revenue has grown at a compounded annual rate of +51% over three years.

  • ₹13.40 CrRevenue · FY 2024 · +18% YoY
  • ₹1.28 CrNet profit · 10% margin
  • ₹1.96 CrEBITDA · 15% margin
  • ₹10 LakhPaid-up capital
  • 76Employees (provident fund records)
  • +51%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Cognisure Solutions Private Limited are on its company page.

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Detailed financial statements for CogniSure

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Competitors of CogniSure

CogniSure has 3 listed competitors in our database, 1 of them funded. They include Verisk, Carpe Data and Social Intel.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
verisk.com1971Jersey, United States9,265
Insurance data insight and risk analytics solutions for the insurance industry
carpe.io2016Santa Barbara, United States$9.38M107
Predictive scoring and data monitoring solutions for insurance are provided.
socialintel.com2010Santa Barbara, United States
Predictive scoring algorithms are supplied for insurance risk evaluation.
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Top companies in Insurance Technology & Support Services

3 companies that operate in the same segment as CogniSure (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based platform for property and casualty insurance is provided.
2001San Mateo, California, United StatesUSD 1.48 B226
Claims administration, loss adjusting, and benefits management services are provided.
1969Memphis, Tennessee, United StatesUSD 2.63 M
Online property and casualty insurance is provided for businesses.
2017San Francisco, California, United StatesUSD 800 M699
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Related news about Cognisure

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Frequently Asked Questions about CogniSure

CogniSure was founded in 2019.

CogniSure is headquartered in Naperville, United States. It is registered at Naperville, Illinois, United States.

Sai Raman is the CEO of CogniSure, as recorded in our data. They have also founded this company.

CogniSure has 76 employees.

The primary company behind CogniSure, Cognisure Solutions Private Limited, reported revenue of β‚Ή13.40 Cr for FY 2024, up 18% year on year.

Cognisure provides a cognitive AI platform for the insurance industry. It is trained to provide insurance insights through extracted data from unstructured information such as policies, loss runs, quotes, and submissions. Supports extraction from PDF, XLSX, XLS, CSV files and data output in JSON XML format.

CogniSure's top competitors include Carpe Data, Verisk and Social Intel.

CogniSure operates through Cognisure Solutions Private Limited.

The legal entities of CogniSure currently have 4 directors, including Padma Jhansi Yerramsetty, Rama Krishna Pallelapati, Venkata Sai Raman Yerramsetty and others.

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