Cogna raises £11.6m in Series A funding led by Notion Capital to scale its custom software platform.
Notion Capital led the Series A round to support Cogna in scaling its AI-powered software development platform across traditional industries.
Cogna provides precision software solutions using AI-powered development to help traditional enterprises overcome complex operational inefficiencies. The company builds custom software for industries often underserved by standard off-the-shelf technology.
Cogna has secured £11.6m in a Series A funding round led by Notion Capital, with additional participation from Hoxton Ventures and Chalfen Ventures. The company intends to direct the capital towards scaling its custom software platform and expanding its automated AI-driven capabilities for traditional sectors. The raise comes as Cogna experiences rapid growth in customer acquisition and team size since its inception 18 months ago.
The London-based business operates a service-as-a-software model designed to automate IT consultancy and generate tailored solutions for industries such as utilities, energy, and manufacturing. Backers point to the firm's precision approach as a key driver of productivity in markets historically overlooked by digital transformation.
From the founder
"Traditional industries have been left behind by the digital revolution due to the complexity of their operational challenges. Cogna’s mission is to empower these sectors with precision software technology that addresses every unique company pain point on its own terms, enabling immediate productivity gains. This funding allows us to bring our technology to more industries and help organisations reduce bottlenecks and free their expert teams from arduous manual tasks, unlocking their vast untapped potential."
Ben Peters
Co-founder and CEO at Cogna
Investor perspective
"Cogna is reimagining what’s possible for industries historically overlooked by the digital transformation revolution. The team’s precision approach offers not just great software, but solutions that align exactly with what each client needs to work more effectively. We’re thrilled to be backing the Cogna team for a second time as they revolutionise how organisations tackle their biggest productivity challenges affordably and quickly."
Jos White
General Partner, Notion Capital
Use of funds
- 01Continue product development
