Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues-<1m<1m<1m<1m<1m<1m
% growth-----85 %7 %
Profit(<1m)(<1m)(<1m)(1.5m)(6.4m)--
% profit margin-(204 %)(435 %)(747 %)(3175 %)--

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

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N/A

N/A

Seed
N/A

N/A

Seed

N/A

Seed
*

€5.5m

Series A

€2.0m

Series A

N/A

Late VC

$44.0m

Series B
*

$15.0m

Valuation: $220m

1000.0x EV/LTM Revenues

Series B
*

$100m

Series C
Total Funding$167m

Recent News about Cognigy

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Cognigy is a leading provider of Conversational AI automation solutions, designed to revolutionize customer service by offering instant, personalized, and multilingual support across various channels. The company serves a diverse range of clients, including enterprises and businesses looking to enhance their customer and employee interactions through advanced AI technology. Operating in the global market for Artificial Intelligence and customer service automation, Cognigy leverages its award-winning AI platform to create AI-powered agents that facilitate seamless communication and improve customer satisfaction. The business model focuses on subscription-based services, where clients pay for access to the AI platform and its features, ensuring a steady revenue stream. Cognigy's robust security measures and compliance with industry standards further enhance its appeal to businesses concerned about data protection. The company's offerings include multilingual support through 28 language-specific models, a Universal Language Model, and pre-trained data from over 100 languages, making it a versatile solution for global enterprises.

Keywords: Conversational AI, customer service, automation, multilingual support, AI agents, omnichannel, enterprise solutions, subscription model, data security, customer satisfaction.

Tech stack

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