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Cognigy announces $100 million in Series C funding led by Eurazeo and DN Capital to expand its UK operations and create 140 high-skilled jobs by 2027.

Jul 17, 202521 days ago

Amount Raised

$100 Million

Round Type

series c

DüsseldorfComputer VisionNatural Language ProcessingMachine LearningArtificial Intelligence

Investors

Dn CapitalEurazeo

Description

Cognigy plans to invest £50 million to expand its UK operations, increasing its workforce to create over 140 high-skilled technology roles by 2027. This investment is part of the UK-Germany Bilateral Cooperation Agreement aimed at enhancing collaboration in science and technology. The Series C funding led by Eurazeo and DN Capital will support Cognigy’s ambition to strengthen the UK's position in AI. This investment is expected to significantly boost the local economy through job creation.

Company Information

Company

Cognigy

Location

Düsseldorf, North Rhine-Westphalia, Germany

About

Cognigy is a global leader in AI-first customer service automation, providing market-leading enterprise-grade AI platform to build, operate and analyze the advanced AI Agent workforce for major brands. Their AI-first approach uses both Conversational and Generative AI to deliver pre-trained AI Agents that resolve high-volume customer requests at scale, allowing enterprise customer service leaders to focus on high-value conversations.

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Funding Insights

Based on industry data
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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
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