# Cognaize Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cognaize-holdings

- Industry: Software
- Headquarters: New York, US
- Website: www.cognaize.com
- Total disclosed funding: $9.4M
- Latest round: Series A (Jun 7, 2023)
- Investors on record: 4

## About

Based in New York, US, and founded by Vahe Andonians (CTO/CPO) in 2020, Cognaize Holdings, Inc. operates as a software-as-a-service (SaaS) company offering a cloud-based software platform for financial firms. In July 2023 the firm raised USD 18 million in series A funding led by investor Argonautic Ventures, with participation from another investor Metaplanet. The firm as of July 2023, has offices in the US, Germany, and Armenia and is led by its CEO, Al Eisaian.

The company offers a financial document automation solution to empower banks, insurers, asset managers, data providers, and other financial service firms to process and manage documents. The company’s product leverages hybrid intelligence managed services, and advanced AI (artificial intelligence) models trained on millions of financial documents with intuitive user experiences tailored to integrate seamlessly into the daily operations of the business team. The platform when used continuously, provides ongoing improvements and advantages to both business and technology teams in financial organizations of all sizes. The document simplification tool can be used in a range of different types of documents such as lending documents like consumer, mortgage, small business, etc, insurance documents like auto claims, home insurance, mailroom automation, etc, and investment banking documents like trade execution investment monitoring, investment analysis, etc.

The company plans to utilize June 2023 funding to increase its sales and marketing activities and speed up research and product development.

## Funding rounds

- Series A, Jun 7, 2023, $7.4M — Argonautic Ventures, Metaplanet Holdings
- Seed, Jul 21, 2021, $2M — Granatus Ventures, Argonautic Ventures, Metaplanet Holdings, BAJ Accelerator

## Investors

- Granatus Ventures (https://capitalatlas.ai/funds/granatus-ventures) — Seed
- Argonautic Ventures (https://capitalatlas.ai/funds/argonautic-ventures) — Seed, Series A
- Metaplanet Holdings (https://capitalatlas.ai/funds/metaplanet-holdings) — Seed, Series A
- BAJ Accelerator (https://capitalatlas.ai/funds/baj-accelerator) — Seed