Cigno Raises CHF 1.5M Seed

Cigno, a Geneva-based startup developing an AI infrastructure layer for management consulting, has closed a 1.5 million Swiss francs seed round. The company specializes in automating complex consulting workflows through proprietary reasoning models and specialized agents designed for financial services firms.

Investors

The funding round included participation from Lino Finini, former Group COO of Swissquote, Pasha Bakhtiar, former Group CEO of Reyl Intesa Sanpaolo and co-founder of Alpian Bank, Niresh Rajah, former Group CDO of Danske Bank, Arnaud Denis, former Group CEO of MeDirect, Hazem Mulhim, founder and CEO of Eastnets, and former Credit Suisse executive Martin Mende.

Cigno Use of Funds

Cigno plans to use the newly raised capital to build out its AI infrastructure layer and support the rollout of its platform for management consulting firms targeting the financial services sector in Switzerland and Europe.

About Cigno

Founded in 2026 by Philippe Reynier, Nicolas Lagrèze, and Vahan Avetisyan, Cigno provides a platform that automates the full consulting lifecycle, from research and data gathering to structured recommendations. The company focuses on data sovereignty and compliance, offering a sovereign-by-design architecture to meet the strict requirements of banks, insurers, and asset managers.

Funding Details

Company Website: https://cignoai.com

Company: Cigno
Raised: 1.5M CHF
Round: Seed
Funding Date: May 18, 2026
Additional Investors: Lino Finini, Pasha Bakhtiar, Niresh Rajah, Arnaud Denis, Hazem Mulhim, Martin Mende
Software Category: Artificial Intelligence
Source: https://www.finews.com/news/english-news/72238-cigno-artificial-intelligence-start-up-seed-round-philippe-reynier-ceo-lino-finini-investor