Cognism raises $12.5m in Series C funding led by AXA Venture Partners to fuel European expansion.
The financing round was led by AXA Venture Partners with participation from Swisscom Ventures, Investiere and VentureFounders.
Cognism provides an end-to-end sales acceleration platform that applies machine intelligence to prospecting and revenue challenges.
Cognism has secured $12.5m in a Series C funding round led by AXA Venture Partners. The financing also saw participation from existing backers Investiere and VentureFounders, alongside new investor Swisscom Ventures.
The capital will be used to support the company as it expands its footprint across Europe and strengthens its position in the B2B contact data sector. This follows a period of strong financial performance for the firm, which reported a 60% increase in annual recurring revenue to $11m through to December 2020.
From the founder
"This is great news for us as we continue to thrive. This funding round marks the continued recognition of the strength of our team as we are now one of the biggest go-to-market data providers in Europe."
James Isilay
CEO at Cognism
Investor perspective
"Sales intelligence is crucial for making sellers more productive, even more so when people are working from home."
Stefan Kuentz
Partner, Swisscom
Use of funds
- 01Expand into international markets
Investors
Categories
About the company
Cognism
Cognism provides an intelligent sales acceleration platform for enterprise prospecting.