Cogna, a London, UK-based SaaS company that creates custom software for industry, has secured £3.76 million in funding.
SaaS Investors
The funding round was led by Hoxton Ventures, with participation from Notion Capital and Octopus First Cheque Fund, and notable angel investors including Stan Boland, Hermann Hauser, Professor Neil Lawrence, Zayd Enam, Tim Shi, Ping Wu, Aviv Nevo, and Nick Elliot.
Founded in 2013, Hoxton Ventures is a venture capital investment firm based in London, United Kingdom. The firm prefers to invest in technology companies based in the European region.
Cogna Use of Funds
The company plans to grow its team further throughout 2024 and beyond.
About Cogna
Founded in 2023 by Ben Peters and Lars Mennen, Cogna is a SaaS company that uses AI to create highly customized software applications, selling them as a standard SaaS license to numerous companies. Cogna's AI-driven SaaS platform simplifies data integration and allows domain experts to create their customized software tools in collaboration with AI.
Funding Details
Company: Cogna, Ltd.
Raised: £3.76M
Round: Unknown
Funding Month: March 2024
Lead Investors: Hoxton Ventures
Additional Investors: Notion Capital and Octopus First Cheque Fund, and notable angel investors including Stan Boland, Hermann Hauser, Professor Neil Lawrence, Zayd Enam, Tim Shi, Ping Wu, Aviv Nevo, and Nick Elliot
Company Website: https://www.cogna.co/
Software Category: Custom Software
Source: https://tech.eu/2024/03/07/cognas-ai-powered-saas/