# Cognosos

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

- Industry: Software
- Headquarters: Atlanta, US
- Website: www.cognosos.com
- Total disclosed funding: $7.1M
- Latest round: Series A (Sep 13, 2017)
- Investors on record: 2

## About

Cognosos, Inc. develops advanced real-time asset tracking systems utilizing artificial intelligence and machine learning to optimize operational efficiency across multiple sectors, including automotive and healthcare.Cognosos, Inc. is headquartered in Atlanta, US and was founded in 2014. The company specializes in real-time asset tracking solutions aimed at improving operational workflows. Cognosos has secured a total of USD 25.00 mn through its funding rounds, with the latest being a GROWTH round in March 2023, where they raised USD 25.00 mn from Riverwood Capital. The company's founders include Jim Stratigos and Nish Parikh, and the current CEO is Braxton Jarratt.Cognosos specializes in real-time asset tracking systems that leverage artificial intelligence (AI) and machine learning (ML) to enhance operational efficiency across various industries. The company's core offerings include solutions for finished vehicle logistics, quality management, vehicle upfitters, trailer yard visibility, and healthcare equipment management. These systems provide end users with seamless visibility into their assets, allowing organizations to optimize vehicle throughput, reduce dwell time, and streamline quality campaigns. Cognosos serves a diverse client base, including vehicle manufacturers, logistics providers, and healthcare facilities, with applications designed to improve operational workflows and employee satisfaction. Their solutions are deployed across multiple geographical markets, including North America, Europe, and Asia, where they address specific industry needs by ensuring that clean equipment is readily available, and operational bottlenecks are minimized.Cognosos operates on a subscription-based revenue model, providing clients with a range of services that include real-time location tracking and asset management solutions. This model allows for immediate benefits while managing costs over time, facilitating a fast return on investment for organizations that adopt their technology. Clients typically engage in long-term partnerships, receiving ongoing support and updates through designated Customer Support Managers assigned at no additional cost. The company’s revenue structure is influenced by the deployment of its AI-powered RTLS platform, designed for seamless integration within existing operations. While specific pricing details are not disclosed, the subscription approach suggests a tiered pricing structure that aligns with the scale and complexity of each client’s needs, ensuring accessibility for various business sizes and sectors.In March 2023, Cognosos, Inc. raised USD 25.00 mn in growth funding from Riverwood Capital, which will be utilized to hire new employees in the automotive, healthcare, and logistics categories. The funding is aimed at accelerating the development and deployment of platform enhancements and complementary offerings. Cognosos plans to expand into new markets, focusing on enhancing their presence in North America, Europe, and Asia over the next few years.

## Funding rounds

- Series A, Sep 13, 2017, $7.1M — Cox Enterprises Inc., Covalent Partners

## Investors

- Cox Enterprises Inc. — Series A
- Covalent Partners (https://capitalatlas.ai/funds/covalent-partners) — Series A