# Cogniac Corporation

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

- Industry: Software
- Headquarters: San Jose, US
- Website: www.cogniac.co
- Total disclosed funding: $41M
- Latest round: Series B (Sep 1, 2021)
- Investors on record: 9

## About

Cogniac Corporation delivers advanced AI-driven solutions focused on enhancing image and video recognition capabilities across various industries, with a strong emphasis on automation and optimization of visual data analysis.Founded in 2015, Cogniac Corporation operates out of San Jose, US, specializing in AI-driven visual recognition technologies. The company has successfully closed 5 deals, with its most recent funding round occurring on September 1, 2021. This Series B round raised USD 20.55 mn, led by National Grid Partners, with participation from Cisco Investments, Energy Innovation Capital, and others. The current CEO is Quinn Curtis, while the company was co-founded by Amy Wang and Bill Kish, both of whom have a history of entrepreneurial engagement in technology ventures.Cogniac specializes in advanced AI-driven solutions designed to enhance image and video recognition capabilities for various industries. Its core offerings include a powerful visual recognition platform that utilizes machine learning algorithms to automate and optimize the analysis of visual data, addressing specific use cases such as quality control in manufacturing and content moderation for digital platforms. The company serves diverse sectors like retail, e-commerce, and manufacturing, with a global market presence including significant penetration in North America, Europe, and select Asia-Pacific regions.Cogniac's revenue model is primarily structured around subscription-based services, allowing clients to access its advanced image and video recognition platform on a recurring basis. The pricing plans are tiered, enabling businesses to tailor their service levels according to their specific operational needs. Partnerships with technology providers and system integrators further enhance the company’s market reach, fostering long-term client relationships and ensuring ongoing support for visual recognition solutions.In September 2021, Cogniac Corporation raised USD 20.55 mn in Series B funding, led by National Grid Partners, to support strategic growth initiatives. The funding will facilitate the expansion of the leadership team, bolster technical and product engineering, and enhance infrastructure for regional sales and engineering teams across Europe, the Middle East, Africa (EMEA), and Asia-Pacific (APAC) regions. The company aims to launch new product offerings that cater to evolving market needs while strategically targeting these geographic regions for expansion.

## Funding rounds

- Series B, Sep 1, 2021, $21M — Vanedge Capital, Wing, Autotech Ventures, Cisco Investments, Energy Innovation Capital, National Grid Partners, London Technology Club
- Series B, Jul 22, 2020, $10M — Yellowstone Capital Partners, Vanedge Capital, Wing, Autotech Ventures, Energy Innovation Capital
- Series A, May 13, 2019, $10M — Plug and Play
- Seed, Jun 5, 2018 — Plug and Play

## Investors

- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed, Series A
- Yellowstone Capital Partners (https://capitalatlas.ai/funds/yellowstone-capital-partners) — Series B
- Vanedge Capital (https://capitalatlas.ai/funds/vanedge-capital) — Series B
- Wing (https://capitalatlas.ai/funds/wing) — Series B
- Autotech Ventures (https://capitalatlas.ai/funds/autotech-ventures) — Series B
- Energy Innovation Capital (https://capitalatlas.ai/funds/energy-innovation-capital) — Series B
- Cisco Investments (https://capitalatlas.ai/funds/cisco-investments) — Series B
- National Grid Partners (https://capitalatlas.ai/funds/national-grid-partners) — Series B
- London Technology Club (https://capitalatlas.ai/funds/london-technology-club) — Series B
