Cognism secures £63.7m Series C funding led by Viking Global Investors and Blue Cloud Ventures to accelerate international growth.
The Series C financing will support the sales intelligence provider in expanding across Europe and strengthening its US market position.
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 secured £63.7m in a Series C financing round led by Viking Global Investors and Blue Cloud Ventures. Existing backers AXA Venture Partners, Swisscom Ventures and Volution also participated in the raise.
The capital will be deployed to support the firm as it pursues rapid international expansion, aiming to strengthen its footprint in the United States and across Europe. The proceeds will fund both organic growth initiatives and potential acquisitions.
The investment follows a strong period of commercial performance for the London-headquartered business, which reported annual recurring revenue growth of 100 percent in 2021. The company also expanded its product offering last year with the launch of Diamond Data and a partnership with Bombora.
Use of funds
- 01Expand into international markets
- 02Fund acquisitions
Investors
Categories
About the company
Cognism
Cognism provides an intelligent sales acceleration platform for enterprise prospecting.