# Elemental Cognition

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/elemental-cognition

- Industry: Internet
- Headquarters: New York, US
- Website: www.ec.ai
- Total disclosed funding: $60M
- Latest round: Series B (Aug 4, 2023)
- Investors on record: 4

## About

Founded in 2015 by its CEO, David Ferrucci, and based in New York, US, Elemental Cognition, Inc. operates as a provider of an artificial intelligence-based platform for language understanding. In August 2023, Elemental Cognition, Inc. raised USD 59.95 million in venture funding from unspecified investors.

The company offers artificial intelligence-based chatbot services solutions used in the financial services industry, enabling expert problem-solving intelligence in various applications by combining neural networks for pattern recognition with mathematical logic to ensure accurate and logical results.

The company’s product portfolio includes Cogent and Cora, designed for travel planning and providing AI-enhanced chatbot services to accelerate accurate, evidence-based research for travelers.

The company plans to use the August 2023 funding to support its market growth.

## Funding rounds

- Series B, Aug 4, 2023, $60M — AME Cloud Ventures, Breyer Capital, Bridgewater Associates, Staged Ventures

## Investors

- AME Cloud Ventures (https://capitalatlas.ai/funds/ame-cloud-ventures) — Series B
- Breyer Capital (https://capitalatlas.ai/funds/breyer-capital) — Series B
- Bridgewater Associates — Series B
- Staged Ventures (https://capitalatlas.ai/funds/staged-ventures) — Series B