# CogniCor Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cognicor-technologies

- Industry: Software
- Headquarters: Dover, US
- Website: www.cognicor.com
- Latest round: Seed (May 10, 2014)
- Investors on record: 1

## About

CogniCor Technologies, Inc. provides AI-driven solutions for the wealth management sector, enhancing operational efficiency and client engagement for financial advisors and broker-dealers through innovative technology.CogniCor Technologies specializes in delivering AI solutions for wealth management. Founded in 2011 in Dover, US, the company has successfully completed 7 deals, with the most recent funding round occurring on September 26, 2017. The company was co-founded by Rosh Cherian and Sindhu Joseph, who also serves as CEO. In its latest funding round, CogniCor raised USD 0.10 mn from investor SixThirty, bringing the total amount raised to USD 0.10 mn.CogniCor Technologies specializes in AI-driven solutions tailored for the wealth management sector, offering a suite of tools aimed at enhancing efficiency and client engagement for registered investment advisors (RIAs) and broker-dealers. Their core offerings include an AI Copilot for Financial Advisors, which automates routine tasks such as meeting scheduling, agenda creation, and post-meeting note documentation, thereby allowing advisors to focus on relationship building. Additionally, the platform provides self-service capabilities for clients to manage their wealth, offering insights and tools designed to simplify the wealth management journey. Targeting markets in North America and Europe, CogniCor serves a diverse clientele, including top financial institutions such as Morgan Stanley, BNY Mellon Pershing, and Northwestern Mutual, which leverage these technologies to optimize advisor workflows and enhance client satisfaction.CogniCor Technologies generates revenue primarily through subscription-based models that provide access to its suite of AI tools for financial advisors and wealth management firms. Clients typically enter into agreements that provide tiered access to the platform's features, which may include varying levels of support and additional modules for different advisor needs. For the year 2016, CogniCor reported a revenue of USD 21.60 mn, structured around these subscriptions, allowing for scalability based on the number of advisors using the platform.CogniCor Technologies plans to leverage its recent funding raised in September 2017 to enhance its product offerings and expand into new markets. The company is currently working on new features for its AI Copilot designed to improve financial advisors' workflows, with a target release in the upcoming quarters. Additionally, CogniCor aims to extend its reach to more regions in Europe and North America by 2024, focusing on increasing its client base among registered investment advisors and broker-dealers.

## Funding rounds

- Seed, May 10, 2014 — Lanzame

## Investors

- Lanzame (https://capitalatlas.ai/funds/lanzame) — Seed