Cognito

San Francisco, United States Founded: 2013 • Age: 13 yrs Acquired By Plaid
Identity verification and compliance solutions are provided by Cognito.

About Cognito

Cognito is an Industrial Goods & Manufacturing company based in San Francisco (United States) founded in 2013, and was acquired by Plaid in January 2022. It operates as an identity verification and compliance solutions are provided by Cognito. It operates on a SaaS (Software-as-a-Service) model in Industrial Goods & Manufacturing, Financial Services, and Technology sectors. Cognito has raised $2 million across 1 funding round from investors including Plaid, Lightspeed Venture Partners and Khosla Ventures. The company has 18 employees. Cognito offers products and services including Flow, Screening, and Identity. Its focus areas include Software and Identity Verification Solutions. Its legal entity is BlockScore, Inc. Its competitors include Onfido, Perfios, HID Global, IDfy and Trulioo and 4 more; 8 of its 9 listed competitors have raised funding.

Company details

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.

  • Headquarters San Francisco, United States
  • Employees 18
  • Sectors
    Industrial Goods & Manufacturing
    Financial Services Technology
  • Email
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  • Phone
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  • Website cognitohq.com
  • Social LinkedIn X Facebook
  • Acquired by Plaid (Jan 2022)
  • Legal Name Blockscore, Inc
Key Metrics
  • Total Equity Funding
    $2M (USD)

    in 1 rounds

  • Latest Funding Round
    $2M (USD), Seed

    Jun 2014

  • Investors
    Plaid

    & 6 more

  • Employee Count
    18
  • Acquired by
    Plaid

    (Jan 2022)

Products & Services of Cognito

Cognito offers a comprehensive portfolio of products and services, including Flow, Screening, and Identity.

Flow
Identity Verification

All-in-one ID verification integrated in minutes globally.

Screening
AML Compliance

Modern AML compliance with reduced false positives.

Identity
Phone-based ID Verification

Frictionless ID verification starting with phone numbers.

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 $2M
  • Total Rounds 1
  • Last Round Seed β€” $2M
  • First Round $2M

    (Jun 2014)

  • Investors Count 6

All 1 funding rounds of Cognito with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2014$2MSeed–Y Combinator, Lightspeed Venture Partners
–
Valuation history

7 investors in total: 7 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage startups are accelerated via funding and educational programs.
–ycombinator.comMountain View, United States
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
1997lsvp.comMenlo Park, United States
Early-stage startups are funded by this venture capital firm.
2004khoslaventures.comMenlo Park, United States
Investments in technology companies are conducted globally by Battery Ventures.
–battery.com-
Investments are made in US seed and early-stage tech companies.
–nav.vcReston, United States
Investing in Deep Tech and emerging technologies for 12 years.
–boost.vc-
Open banking aggregation APIs are provided for individuals and businesses.
2012plaid.comSan Francisco, United States
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Investor details for Cognito

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People of Cognito

184 people are tracked at Cognito (40 in leadership, 2 in board & advisors, 142 in team); the tracked headcount is 18.

NameRoleGroup
Ajit Deshpande
Head Of Business TechnologyLeadership
Erin Hansen
People PartnerLeadership
Will Robinson
Chief Technology OfficerLeadership
Rishma Allibhai
Head Of Corporate FinanceLeadership
Hannah Hughes
Chief Marketing OfficerLeadership
Zachary Perret
Co-Founder & CEOLeadership
Winnie Wang
Head Of TaxLeadership
Eric Sager
COOLeadership
Jennifer Taylor
PresidentLeadership
Elyse Whitehead
Head Of Enterprise Legal ServicesLeadership
Victor Ng
Head of TaxLeadership
Sharon Arad
Head of People & Organizational DevelopmentLeadership
Jeremy Presser
Head Of Compliance And Product LegalLeadership
James Witkin
Head Of Business OperationsLeadership
Ali Bunting
Head of Business RecruitingLeadership
Jason Pate
Head of Corporate Strategy & DevelopmentLeadership
Jenna Goldman
Head Of Commercial & New BusinessLeadership
Lincoln Lo
Head Of Commercial LegalLeadership
Jocelyn Gill
AI Finance DirectorLeadership
Sandy Y.
Head Of AccountingLeadership

164 more people are available in the full profile.

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Timeline of Cognito

3 dated milestones of Cognito across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cognito is founded.
  2. Funding First funding round of $2.0M.
  3. Exit Acquired by Plaid.

Competitors of Cognito

Cognito has 9 listed competitors in our database, 8 of them funded. They include Onfido, Perfios, HID Global, IDfy and Trulioo, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
onfido.com2012London, United Kingdom$242.38M516
Identity verification solutions are provided, including document and biometric authentication.
perfios.com2008Bengaluru, India$258.77M–
Provides financial technology solutions for data analysis and verification globally.
hidglobal.com1991Austin, United States––
Cloud-based physical identity and access management systems are developed.
idfy.com2011Mumbai, India$56.03M587
Identity verification, background screening, and fraud prevention solutions are provided.
trulioo.com2011Vancouver, Canada$477.19M–
Identity verification platform
hyperverge.co2014Palo Alto, United States$1M206
AI-powered automation is offered for document analysis and identity verification.
idx.us2003Portland, United States$35.16M72
Cloud-based solutions for identity protection and data security are provided.
unico.io2007Sao Paulo, Brazil$337.34M–
Digital identity solutions company providing facial biometrics and digital admission solutions
signicat.com2006Trondheim, Norway$2.09M150
Software solutions for identity management are provided via APIs.
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Detailed competitors of Cognito

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of Cognito

The website of Cognito (cognitohq.com) receives about 9.2K visits a month.

  • Monthly visits
    9.2K

    ▼ 8.8% vs previous month

Top companies in Physical Security & Surveillance

10 companies that operate in the same segment as Cognito (Physical Security & Surveillance), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based business telephony and home security services are provided.
2004Palo Alto, California, United StatesUSD 87.97 MUSD 273.6 M1,190
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B3,500
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Family and friends are connected through location-sharing mobile app.
2008San Francisco, California, United StatesUSD 89.74 MUSD 489.48 M569
Wireless home security systems are offered with cellular monitoring.
2006Boston, Massachusetts, United StatesUSD 387 M––
Enterprise video surveillance systems and platforms are developed.
2016San Mateo, California, United StatesUSD 656.64 M––
Wireless smart home security cameras and doorbells are provided.
2009Boston, Massachusetts, United StatesUSD 40.07 M––
Locations are identified and shared via unique three-word addresses.
2013London, England, United KingdomUSD 231.46 M––
Provider of smart thermostats for commercial and residential applications
2007Toronto, Ontario, CanadaUSD 151.52 M––
A personal safety network is provided for community protection.
2017New York, New York, United StatesUSD 143.72 M––
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Related news about Cognito

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Frequently Asked Questions about Cognito

Cognito was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Cognito is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

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 2014.

Cognito has 18 employees.

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.

Cognito's top competitors include Perfios, IDfy and Signicat.

Cognito offers Flow, Screening, and Identity.

Cognito has 7 investors. Key investors include Plaid, Lightspeed Venture Partners, Khosla Ventures, Y Combinator, and Battery Ventures.

Cognito operates through Blockscore, Inc.

Yes. Cognito was acquired by Plaid in January 2022.

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