About Cognito
Cognito is a company based in San Francisco (United States) founded in 2013 was acquired by Plaid in January 2022. It operates as a SaaS (Software-as-a-Service). Cognito has raised $2 million across 1 funding round from investors including Plaid, Lightspeed Venture Partners and Khosla Ventures. The company has 18 employees as of December 31, 2022. Cognito offers products and services including Flow, Screening, and Identity. Cognito operates in a competitive market with competitors including Onfido, Perfios, HID Global, IDfy and Trulioo, among others.
- Headquarter San Francisco, United States
- Employees 18 as on 31 Dec, 2022
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Sectors
Industrial Goods & ManufacturingFinancial Services Technology
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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 Blockscore, Inc
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Products & Services of Cognito
Cognito offers a comprehensive portfolio of products and services, including Flow, Screening, and Identity. 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.
All-in-one ID verification integrated in minutes globally.
Modern AML compliance with reduced false positives.
Frictionless ID verification starting with phone numbers.
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Software Development Team
50 people
Product Management Team
20 people
Legal and Compliance
15 people
Finance and Accounting
13 people
Human Resources and Administration
12 people
Operations Team
12 people
Sales and Marketing
9 people
Head Team
7 people
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Funding Insights of Cognito
Cognito has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in June 2014. 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 1
- Last Round Seed — $2.0M
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First Round
First Round
(25 Jun 2014)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2014 | Amount | Seed - Cognito | Valuation | Y Combinator , Lightspeed Venture Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Cognito
Cognito has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Plaid, Lightspeed Venture Partners and Khosla 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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Early-stage startups are accelerated via funding and educational programs.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by this venture capital firm.
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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 |
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| 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 Onfido, Perfios, HID Global, IDfy and Trulioo, 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 |
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| domain | founded_year | HQ Location |
Identity verification solutions are provided, including document and biometric authentication.
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| domain | founded_year | HQ Location |
Provides financial technology solutions for data analysis and verification globally.
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| domain | founded_year | HQ Location |
Cloud-based physical identity and access management systems are developed.
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| domain | founded_year | HQ Location |
Identity verification, background screening, and fraud prevention solutions are provided.
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| domain | founded_year | HQ Location |
Identity verification platform
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| domain | founded_year | HQ Location |
AI-powered automation is offered for document analysis and identity verification.
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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 Cognito
Frequently Asked Questions about Cognito
When was Cognito founded?
Cognito was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Cognito located?
Cognito is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Cognito a funded company?
Cognito is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Jun 25, 2014.
How many employees does Cognito have?
As of Dec 31, 2022, the latest employee count at Cognito is 18.
What does Cognito do?
Identity verification and compliance solutions are offered by Cognito for businesses worldwide. Services are focused on KYC compliance, fraud prevention, and trust and safety across various sectors. Products like Flow, Screening, and Identity are designed to streamline user onboarding and ongoing monitoring. Integration is made easy with developer-friendly APIs and no-code options. Global coverage is ensured with support for numerous countries and ID documents. Optimization for conversion rates is prioritized in all solutions.
Who are the top competitors of Cognito?
What products or services does Cognito offer?
Cognito offers Flow, Screening, and Identity.
Who are Cognito's investors?
Cognito has 7 investors. Key investors include Plaid, Lightspeed Venture Partners, Khosla Ventures, Y Combinator, and Battery Ventures.