Cognism raises £2m in funding led by South Central Ventures to drive international expansion.
The round was led by South Central Ventures and will support office openings in the United States and Macedonia.
Share allotment filed at Companies House
Cognism provides an end-to-end sales acceleration platform that applies machine intelligence to prospecting and revenue challenges.
London based sales intelligence firm Cognism has secured £2m in funding to support its international expansion and team growth. The round was led by South Central Ventures alongside backing from Newable Private Investing, the London Co Investment Fund, and Startup Funding Club.
The capital will finance the opening of new US offices and an additional location in Macedonia, alongside plans to double staff numbers at the company headquarters over the coming year. Established in 2016, the firm has built a client base across Europe and North America.
The fresh injection of capital follows the company's integration with major enterprise platforms including Salesforce and Microsoft Dynamics. Newable Private Investing contributed £400k to the total round.
From the founder
"This funding is a testament to the team’s hard work and passion. This latest round is central to our strategy of providing the best technology in sales intelligence to improve prospecting performance and to meet a new quality standard in GDPR compliant contact data. We couldn’t have achieved this without the support of Newable Private Investing and the London Co-Investment Fund."
James Isilay
CEO at Cognism
Investor perspective
"Generating and converting leads is crucial for all businesses and Cognism’s use of cutting edge AI technology is generating big gains for their clients."
Anthony Clarke
Managing Director, Newable Private Investing
Use of funds
- 01Expand into international markets
- 02Grow the team
Investors
South Central Ventures
Anthony Clarke
Newable Private Investing
London Co-Investment Fund
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Startup Funding Club
Categories
About the company
Cognism
Cognism provides an intelligent sales acceleration platform for enterprise prospecting.