Cognitec

Dresden, Germany Founded: 2002 • Age: 24 yrs Acquired By Salto Systems
Face recognition software is provided for security and analytics applications.
Annual revenue - Latest available
Total funding - 3 rounds
Employees 49 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Cognitec

Cognitec is a company based in Dresden (Germany) founded in 2002 by Michael Muller, Jurgen Pampus, and Jurgen Richter was acquired by Salto Systems in March 2022. The company has 49 employees as of December 31, 2021. Cognitec offers products and services including FaceVACS-DBScan ID, FaceVACS-VideoScan, and FaceVACS-Entry. Cognitec operates in a competitive market with competitors including Megvii, Unico, Chooch, Evrotrust and Oosto, among others.

  • Headquarter Dresden, Germany
  • Employees 49 as on 31 Dec, 2021
  • Founders Michael Muller, Jurgen Pampus, Jurgen Richter
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Cognitec Systems Gmbh
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    $1.3 M (USD)
    1158
    as on Dec 31, 2019
  • EBITDA
    Not available
  • Latest Funding Round
    $165.69 K (USD), Grant

    Sep 01, 2020

  • Investors
  • Employee Count
    49

    as on Dec 31, 2021

  • Acquired by
    Salto Systems

    (Mar 08, 2022)

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Products & Services of Cognitec

Cognitec offers a comprehensive portfolio of products and services, including FaceVACS-DBScan ID, FaceVACS-VideoScan, and FaceVACS-Entry.

Product name locked
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Primary

Software for searching facial images in databases for identification.

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Tool for real-time face recognition in video feeds for security.

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System for facial verification in entry and access management scenarios.

Funding Insights of Cognitec

Investors in Cognitec

Cognitec has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Salto Systems, European Union and DGF.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Electronic access control systems are manufactured for scalable lock management.
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Investor details for Cognitec

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Investments & Acquisitions by Cognitec

Investments
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Investment portfolio details for Cognitec

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Financial Statements - Cognitec

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Detailed financials for Cognitec

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Cognitec Comparisons

Cognitec Primary company
Description
Face recognition software is provided for security and analy...
Location
Dresden, Germany
Founded Year
2002
Annual Revenue
Not available
Net Profit
$1.3 M (USD)
EBITDA
Not available
Employees
49
As of 2021
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Peer comparison for Cognitec

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Competitors of Cognitec

Cognitec 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 Megvii, Unico, Chooch, Evrotrust and Oosto, among others.

Company Name Domain Founded year HQ Location Description
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Facial recognition and AI video analysis solutions are provided.
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Digital identity solutions company providing facial biometrics and digital admission solutions
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Generative computer vision solutions are offered for video stream analysis.
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AI-based identity verification and electronic signing are provided for businesses.
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AI-powered video analytics systems are provided for security and operations.
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Provider of biometric and cryptographic solutions for secure transactions and identity
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Detailed competitors of Cognitec

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Latest news on Cognitec

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Complete news archive for Cognitec

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Frequently Asked Questions about Cognitec

Cognitec was founded in 2002 and raised its 1st funding round 4 years after it was founded.

Cognitec is headquartered in Dresden, Germany. It is registered at Dresden, Saxony, Germany.

As of Dec 31, 2021, the latest employee count at Cognitec is 49.

Cognitec was founded in 2002 and is based in Dresden, Germany. Operations focus on the biometrics sector, where software solutions are developed for facial image database searches, video screening analytics, border control systems, ICAO-compliant photo capturing, and facial image quality assessments. These products support applications in security, travel, and identification processes across international markets.

Cognitec's top competitors include Megvii, iProov and Evrotrust.

Cognitec offers FaceVACS-DBScan ID, FaceVACS-VideoScan, and FaceVACS-Entry.

Cognitec has 3 investors. Key investors include Salto Systems, European Union, and DGF.

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