About SparkCognition
SparkCognition is a company based in Austin (United States) founded in 2013. SparkCognition has raised $285.88 million across 6 funding rounds from investors including CME Group, Verizon and Boeing. The company has 91 employees as of April 05, 2024. SparkCognition has completed 3 acquisitions, including Ensemble Energy, Iwizard and Maana. SparkCognition offers products and services including AI Platform, Inventory Management, and Autonomous Systems. SparkCognition operates in a competitive market with competitors including Uptime AI, Augury, Uptake, Infinite Uptime and ThingWorx, among others.
- Headquarter Austin, United States
- Employees 91 as on 05 Apr, 2024
- Stage Unicorn
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Sectors
TechnologyIndustrial Goods & Manufacturing
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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 Sparkcognition India Private Limited
- Date of Incorporation 23 Feb, 2022
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$2.92 M (USD)0as on Mar 31, 2023
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Net Profit
-$3.51 M (USD)0as on Mar 31, 2023
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EBITDA
-$1.7 M (USD)0as on Mar 31, 2023
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Total Equity Funding
$285.88 M (USD)
in 6 rounds
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Latest Funding Round
$123 M (USD), Series D
Jan 25, 2022
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Investors
CME Group
& 25 more
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Employee Count
91
as on Apr 05, 2024
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Investments & Acquisitions
Ensemble Energy
& 2 more
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Products & Services of SparkCognition
SparkCognition offers a comprehensive portfolio of products and services, including AI Platform, Inventory Management, and Autonomous Systems.
Platform for optimizing physical infrastructure and operations
AI-driven system for supply chain visibility and asset optimization
Tools to prepare for future smart infrastructure systems
People of SparkCognition
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Funding Insights of SparkCognition
SparkCognition has successfully raised a total of $285.88M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $123 million completed in January 2022. 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.
Investors in SparkCognition
SparkCognition has secured backing from 26 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include CME Group, Verizon and Boeing.
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Venture capital firm investing in multiple sectors
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An investment platform is provided for diverse sectors and geographies.
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Investor details for SparkCognition
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Investments & Acquisitions by SparkCognition
SparkCognition has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Ensemble Energy, Iwizard and Maana.
Investment portfolio details for SparkCognition
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Machine learning and AI platform for solar & wind power plant monitoring
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AI-based solutions for actionable intelligence from data are provided.
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Analytics and knowledge graph platform is offered for multi-industry applications.
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Locked | Locked | 2012 | Locked |
Complete acquisition details for SparkCognition
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Financial Statements - SparkCognition
Detailed financials for SparkCognition
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Sparkcognition Comparisons
Peer comparison for SparkCognition
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Competitors of SparkCognition
SparkCognition 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 Uptime AI, Augury, Uptake, Infinite Uptime and ThingWorx, among others.
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Provider of cloud based management solutions
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Provider of IoT and cloud-based machine analytics and predictive maintenance solutions
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Cloud-based predictive analytics platform is utilized for asset maintenance insights.
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AI-powered predictive maintenance solutions are provided for industrial equipment reliability.
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Platform to build and run applications for connected devices
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Detailed competitors of SparkCognition
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Latest news on Sparkcognition
Complete news archive for SparkCognition
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Frequently Asked Questions about SparkCognition
SparkCognition was founded in 2013.
SparkCognition is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
SparkCognition is a funded company, having raised a total of $285.88M across 6 funding rounds to date.
As of Apr 05, 2024, the latest employee count at SparkCognition is 91.
Annual revenue of SparkCognition is $2.92M as on Mar 31, 2023.
SparkCognition was established in 2013 in Austin, United States. An AI-based platform is provided, focusing on machine learning for predictive analytics. Defects in combustion turbines are anticipated, and asset operations are optimized. Malware attacks are detected and mitigated, while process visibility is enhanced to minimize errors. Business analytics are also supplied. Applications span manufacturing, defense, aviation, maritime, financial services, oil, and gas sectors.
SparkCognition's top competitors include UpKeep, Uptime AI and Infinite Uptime.
SparkCognition offers AI Platform, Inventory Management, and Autonomous Systems.
SparkCognition has made 3 acquisitions, including Ensemble Energy, Iwizard, and Maana.
SparkCognition has 26 investors. Key investors include CME Group, Verizon, Boeing, Hearst, and B. Riley Financial.
The valuation of SparkCognition is $1.4B as of Jan 2022.