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/