About Cognito
Cognito is a company based in Victoria (Canada) founded in 2021 by Armon Arani and Jillian Roberts. It operates as a Subscription Services, Pay-per-Use / Usage-Based, and HealthTech. Cognito has raised $2.88 million across 2 funding rounds from investors including Tiny, Simplex Investments and Stand Up Ventures. Cognito offers products and services including ADHD Diagnostic Assessment, Cognitive Behavioural Therapy, and Core Mental Health Program. Cognito operates in a competitive market with competitors including Dialogue, PanGenomic, Inkblot, SnapClarity and PsyMood, among others.
- Headquarter Victoria, Canada
- Founders Armon Arani, Jillian Roberts
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Sectors
Healthcare
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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 Cognito Health Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.88 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Seed
Mar 06, 2024
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Investors
Tiny
& 12 more
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Employee Count
Employee Count
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Products & Services of Cognito
Cognito offers a comprehensive portfolio of products and services, including ADHD Diagnostic Assessment, Cognitive Behavioural Therapy, and Core Mental Health Program. 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.
Comprehensive ADHD assessments are conducted for accurate diagnosis.
Virtual CBT sessions are provided for mental health support.
Programs for anxiety, depression, and insomnia are offered.
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Funding Insights of Cognito
Cognito has successfully raised a total of $2.88M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in March 2024. 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 2
- Last Round Seed — $2.0M
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First Round
First Round
(28 Mar 2022)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - Cognito | Valuation |
investors |
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| Mar, 2022 | Amount | Seed - Cognito | Valuation | Garage Capital , Mike McCauley |
| 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 Cognito
Cognito has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Tiny, Simplex Investments and Stand Up Ventures. 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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Seed-stage investments are made in women-led technology companies.
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Founded Year | Domain | Location | |
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Seed-stage investments are made by Garage Capital across multiple sectors.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are provided by Graphite Ventures.
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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 Cognito
| 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 - Cognito
| 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 |
Cognito Comparisons
Competitors of Cognito
Cognito 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 Dialogue, PanGenomic, Inkblot, SnapClarity and PsyMood, 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 |
Dialogue is recognized as a leading health and wellness provider in Canada.
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| domain | founded_year | HQ Location |
Online teleconsultation for plant-based mental health therapies is facilitated.
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| domain | founded_year | HQ Location |
Teleconsultation with therapists is enabled via an online matching platform.
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| domain | founded_year | HQ Location |
Mental health assessments and therapist matching are offered online.
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| domain | founded_year | HQ Location |
Mental health consultations are facilitated via an online booking platform.
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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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Frequently Asked Questions about Cognito
When was Cognito founded?
Cognito was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Cognito located?
Cognito is headquartered in Victoria, Canada. It is registered at Victoria, British Columbia, Canada.
Is Cognito a funded company?
Cognito is a funded company, having raised a total of $2.88M across 2 funding rounds to date. The company's 1st funding round was a Seed of $881.4K, raised on Mar 28, 2022.
What does Cognito do?
Mental health services are offered by Cognito through virtual platforms, focusing on conditions such as anxiety, depression, insomnia, and ADHD. Comprehensive diagnostic assessments and personalized treatment plans are developed for patients. Specialized programs including Cognitive Behavioural Therapy and group therapy sessions are conducted by a dedicated team of Nurse Practitioners and CBT providers. Services are tailored for residents of British Columbia and Ontario, ensuring accessible care for mild to moderate mental health concerns within the healthcare sector.
Who are the top competitors of Cognito?
Cognito's top competitors include Dialogue, PanGenomic and Inkblot.
What products or services does Cognito offer?
Cognito offers ADHD Diagnostic Assessment, Cognitive Behavioural Therapy, and Core Mental Health Program.
Who are Cognito's investors?
Cognito has 13 investors. Key investors include Tiny, Simplex Investments, Stand Up Ventures, Garage Capital, and Graphite Ventures.