Cognism raises £2.8m from Oliver Wyman and South Central Ventures to scale enterprise sales platform
The funding round was led by South Central Ventures alongside a strategic partnership with Oliver Wyman.
Share allotment filed at Companies House
Cognism provides an end-to-end sales acceleration platform that applies machine intelligence to prospecting and revenue challenges.
Cognism has raised £2.8m in a funding round to enhance its enterprise solution and expand into the financial services sector. The capital comes from backers including Oliver Wyman, South Central Ventures, LCIF, and Newable.
The investment follows strong revenue growth for the company through 2018. South Central Ventures continues as the lead investor, while the partnership with Oliver Wyman aims to scale the platform for major corporate clients.
From the founder
"Cognism is moving beyond sales intelligence and applying its patented machine intelligence technology to understand the revenue challenges at the Enterprise level. With our new investment and collaboration with Oliver Wyman, we will be able to introduce our pioneering Revenue AI technology internationally to the top corporates of the world, driving faster top-line revenue growth."
James Isilay
CEO at Cognism
Investor perspective
"Our clients are continuously looking for new ways to accelerate growth. Cognism technology will provide our clients with dynamic insights into their existing client base, enabling them to develop more targeted solutions and improving sales success. At the same time, Cognism technology will allow our clients to make a step change in their prospecting efforts. Cognism’s data asset will allow our clients to identify prospects matching detailed personas, leveraging data on over400Mcompanies and individuals."
Kai Upadek
Partner, Oliver Wyman
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
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About the company
Cognism
Cognism provides an intelligent sales acceleration platform for enterprise prospecting.