Cognitive Operational Systems
Latest round
- Series A
Last raised
- Feb 2017
Total raised
- $2.6M
Investors
- 4
About Cognitive Operational Systems
Cognitive Operational Systems, Inc.Founded in 2012 in Philadelphia, US, Cognitive Operational Systems, Inc. specializes in robotics solutions for inventory management. The company was co-founded by Jonas Cleveland and Kostas Daniilidis.CosyRobo specializes in providing advanced robotics solutions aimed at improving inventory management in retail environments. Their core product, the SCOUT robot, employs artificial intelligence and machine vision technology to autonomously navigate stores and conduct frequent, accurate shelf surveys. This technology is designed to minimize stock-outs, enhance planogram compliance, and free up staff for customer service tasks. The SCOUT robot's automated product scanning and mapping capabilities require no setup, making it a user-friendly solution for retailers.CosyRobo generates revenue through a subscription-based model, where clients pay for the deployment and ongoing use of the SCOUT robots. The structure of these transactions typically involves long-term contracts with retailers, allowing for predictable revenue streams. Retailers may choose from various plans depending on the frequency of surveys they require and the number of robots deployed across their operations. The flagship SCOUT product is central to these agreements, providing clients with consistent data and insights that lead to improved inventory management and reduced losses from out-of-stock situations.Cognitive Operational Systems, Inc. aims to expand its product offerings and market reach in the coming years. The company is currently developing new enhancements for the SCOUT robot to improve its efficiency and capabilities. Plans to enter additional markets, particularly in Europe and Asia, are targeted for completion by 2025.
Who invested in Cognitive Operational Systems
4 investors across 2 rounds
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Questions about Cognitive Operational Systems
Who invested in Cognitive Operational Systems?
Cognitive Operational Systems has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cognitive Operational Systems raised?
Cognitive Operational Systems has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Cognitive Operational Systems last raise money?
Cognitive Operational Systems's most recent round on record is a Series A, in Feb 2017.
What does Cognitive Operational Systems do?
Cognitive Operational Systems, Inc.
Where is Cognitive Operational Systems headquartered?
Cognitive Operational Systems is headquartered in Philadelphia, US.
Which VCs invest in companies like Cognitive Operational Systems?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Cognitive Operational Systems's stage. Their profiles are linked below.
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