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Cognitops Raises $11M Series A Funding Led By Firstmark Capital And Announces New Austin, Tx Hq

May 06, 2021•about 4 years ago

Amount Raised

$11 Million

Round Type

series a

Austin

Description

CognitOps, a global provider of artificial intelligence-based warehouse operating applications, announces today that it has raised US$11 million in a Series A round of financing. FirstMark Capital led the investment round, with all of the company’s major investors participating, including Chicago Ventures, Schematic Ventures, Haystack, and CEAS Investments. Beth Ferreira, Partner at FirstMark, will join the CognitOps Board of Directors.

Company Information

Company

Cognit Ops

Location

Austin, Texas, United States

About

Founded in 2018, CognitOps is an AI company that’s redefining warehouse management and enabling businesses to create resilient supply chains. CognitOps believes that the continued growth of point solutions combined with the macro-level complexities in today’s world will require supply chain leaders to centralize their data, model their operations, and automate decision making.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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