About Cognite
Cognite is a company based in Lysaker (Norway) founded in 2016 by Geir K Engdahl and John Markus Lervik.. Cognite has raised $225 million across 3 funding rounds from investors including Accel, Aramco and TCV. The company has 1 employees as of April 07, 2024. Cognite offers products and services including Cognite Data Fusion, Cognite Atlas AI, and Cognite Success Tracks. Cognite operates in a competitive market with competitors including Kayrros, Akselos, Enverus, Tignis and Lone Star Analysis, among others.
- Headquarter Lysaker, Norway
- Employees 1 as on 07 Apr, 2024
- Founders Geir K Engdahl, John Markus Lervik
- Stage Unicorn
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Sectors
TechnologyIndustrial Goods & Manufacturing Energy & Utilities
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Cognite Technologies India Private Limited
- Date of Incorporation 05 Mar, 2024
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$225 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Accel
& 2 more
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Employee Count
1
as on Apr 07, 2024
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Products & Services of Cognite
Cognite offers a comprehensive portfolio of products and services, including Cognite Data Fusion, Cognite Atlas AI, and Cognite Success Tracks. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Unifies and contextualizes industrial data for AI applications.
Automates workflows with generative AI for industrial insights.
Offers expert guidance for scaling AI and data operations.
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Software Development Team
45 people
Leadership Team
41 people
Product Management Team
26 people
Sales and Marketing
19 people
Senior Team
13 people
Creative and Marketing Team
8 people
Operations Team
8 people
Human Resources and Administration
6 people
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Funding Insights of Cognite
Cognite has successfully raised a total of $225M across 3 strategic funding rounds. 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 Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(27 Oct 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series B - Cognite | Valuation |
investors |
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| May, 2021 | Amount | Series B - Cognite | Valuation | TCV |
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| Oct, 2020 | Amount | Series A - Cognite | Valuation | Accel |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cognite
Cognite has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Accel, Aramco and TCV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is invested in global technology companies by TCV.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Aramco is recognized as a leading producer of energy and chemicals globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cognite
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cognite
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cognite Comparisons
Competitors of Cognite
Cognite operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kayrros, Akselos, Enverus, Tignis and Lone Star Analysis, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Environmental footprints are measured via satellite imagery and AI analysis.
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Cloud-based platform for operational simulation and predictive analytics is offered.
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| domain | founded_year | HQ Location |
Accounts payable and receivable solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Provider of AI-powered process control solutions
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| domain | founded_year | HQ Location |
Predictive and prescriptive analytics are delivered to the industrial sector.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cognite
Frequently Asked Questions about Cognite
When was Cognite founded?
Cognite was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Cognite located?
Cognite is headquartered in Lysaker, Norway.
Is Cognite a funded company?
Cognite is a funded company, having raised a total of $225M across 3 funding rounds to date. The company's 1st funding round was a Series A of $75M, raised on Oct 27, 2020.
How many employees does Cognite have?
As of Apr 07, 2024, the latest employee count at Cognite is 1.
What does Cognite do?
Cognite was founded in 2016 in Lysaker, Norway, as a provider of AI-based software for production data analysis. An automated platform is offered to data engineers for collecting operational data from machines, optimizing production, implementing predictive maintenance, managing 3D and photogrammetry pipelines, ensuring data quality, and modeling digital twins. Applications are focused on manufacturing, oil and gas, and power and utilities sectors.
Who are the top competitors of Cognite?
What products or services does Cognite offer?
Cognite offers Cognite Data Fusion, Cognite Atlas AI, and Cognite Success Tracks.
What is Cognite's valuation?
The valuation of Cognite is $1.6B as of May 2021.
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