# Cogito

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cogito

- Industry: Software
- Headquarters: Draper, US
- Website: www.cogitoinc.com
- Total disclosed funding: $12M
- Latest round: Series B (Feb 25, 2005)
- Investors on record: 4

## About

Cogito, Inc. is a technology company that develops innovative digital solutions aimed at enhancing operational efficiency and streamlining business processes across various sectors.Cogito, Inc. specializes in software solutions focused on analytics, process automation, and customer relationship management. Founded in 1994 in Draper, US, the company has undergone strategic pivots to refine its business operations. Joshua Feast, the CEO and founder, has been instrumental in shaping its direction. The company received a Series B funding round led by vSpring Capital and Pelion Venture Partners in February 2005, raising a total of USD 11.70 mn, which has remained constant since then.Cogito, Inc. specializes in developing innovative digital solutions designed to enhance business efficiency and streamline operations across various sectors. Their core offerings include advanced analytics software, process automation tools, and customer relationship management systems, which are tailored to address specific operational challenges faced by enterprises. These products aim to optimize workflows, improve data-driven decision-making, and support customer engagement strategies, ultimately enhancing productivity and profitability for organizations. The company serves a diverse clientele, including small to medium-sized enterprises (SMEs) and large corporations, with solutions deployed in North America, Europe, and parts of Asia. End users range from operational teams to senior management, all of whom leverage Cogito’s technology to drive business growth and innovation.Cogito, Inc. generates revenue through a subscription-based model, providing clients with flexible pricing plans that cater to different organizational needs. The company structures its transactions primarily through business-to-business (B2B) relationships, engaging directly with enterprises to deliver its software solutions. Clients typically enter into annual contracts, which include ongoing support and updates, ensuring that they have access to the latest features and security enhancements. Flagship products may involve tiered pricing based on usage levels or the number of users, which allows organizations to scale their subscriptions based on growth and evolving needs. This structured approach not only fosters long-term partnerships but also encourages recurring revenue streams as clients continuously rely on Cogito’s products for their operational success.Cogito, Inc. plans to leverage the funds raised in the Series B round to support the development of new products that are currently being designed for release in the upcoming fiscal year. The company is also focused on expanding its market presence into Europe and parts of Asia by 2025. The funding will facilitate market research and development efforts necessary for successful entry into these new regions, ensuring that Cogito remains competitive and responsive to customer needs.

## Funding rounds

- Series B, Feb 25, 2005, $12M — EPIC Ventures, Pelion Venture Partners, Signal Peak Ventures, Canopy Ventures

## Investors

- EPIC Ventures (https://capitalatlas.ai/funds/epic-ventures) — Series B
- Pelion Venture Partners (https://capitalatlas.ai/funds/pelion-venture-partners) — Series B
- Signal Peak Ventures (https://capitalatlas.ai/funds/signal-peak-ventures) — Series B
- Canopy Ventures (https://capitalatlas.ai/funds/canopy-ventures) — Series B