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Learnops Platform Cognota Raises $5.5M In Series A Financing.

Sep 27, 2023almost 2 years ago

Amount Raised

$5.5 Million

Round Type

series a

TorontoE LearningEnterprise SoftwareSaasEducationSoftwareEdtechCorporate Training

Investors

Tyton PartnersCeas InvestmentsGeneration VenturesBdc CapitalIdea Fund PartnersGrotech Ventures

Description

The round was led by Grotech Ventures, with participation from IDEA Fund Partners, BDC Capital, Generation Ventures, CEAS Investments, Tyton Partners and others.

Company Information

Company

Cognota

Location

Toronto, Ontario, Canada

About

Cognota (formerly Synapse) is the first and only LearnOps® platform for corporate Learning and Development teams. Our award-winning software streamlines L&D processes such as training intake, project and capacity planning, and content design, allowing learning teams to work more efficiently and effectively while providing access to much-needed data and insights about their operations. This first-of-its-kind software allows customers to get better visibility into the training needs of their businesses and consolidate disparate tools they are using so they can make better, more strategic decisions about L&D investments and measure impact. If you're interested in learning more about Cognota's LearnOps® platform, visit cognota.com.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers