Cognigo

regtechcomplianceauthentication and fraud preventiongovernance

STATUS: Acquired/Merged
FOUNDING YEAR: 2016
LOCATION: United States
Last Update: 19/01/2021

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MEDICI Analysis

Cognigo is a RegTech startup which offers a compliance & data protection solution thereby enabling users to manage their data from a single point of control. It protects critical data assets and PIIs.

Focus

PRODUCTS & SERVICES

The company's AI-driven enterprise platform provides data governance, security & compliance. It uses its three resources like GDPR Whitepaper, Cognigo DataSheet, and DataSense DataSheet to offers the following solutions: 1. Enable businesses to measure risk and meet GDPR regulation requirements. 2. Scan and support the common protocol using AI algorithms to recognize and categorize structured and unstructured data across file repositories, databases and cloud services. 3. Ensure cloud data governance & protection and help in the identification of data which can be stored on the cloud. 4. Provide audit, permission, and forensics to access events & file operations on the users' on-premise servers/cloud services. It also supports multiple documents, databases, cloud services, and third-party integrations.

EXISTING PARTNERSHIPS

Intel

NetApp

CWS

Synergy

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

People

FOUNDERS

Guy Leibovitz (CEO)

NUMBER OF EMPLOYEES

11-50

INVESTORS:

MassChallenge

Mitvah Shamir

OurCrowd

Prosegur

Prosegur (BME: PSG)

State of Mind Ventures

KEY EMPLOYEES:

Guy Leibovitz

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

2

TOTAL FUNDING

$10.9 M

DATE OF LAST FUNDING

Nov 2018

TOTAL FUNDING COMMENT

The company will use the funds to support Cognigo's global sales and marketing expansion and product development, as well as further fuel investment in its Cognitive Computing technology. (Nov. 2018)

ESTIMETED REVENUE RANGE

Less than $1M

SEED & PRIOR FUNDING

$2.4 M

SEED CLOSED ON

Aug 2016

FUNDING SERIES

SERIES A  · $8.5 M  · Nov 2018

LISTED

NO

company provided insights
Acquisitions

M&A

ACQUIRED BY

coinpay

ANNOUNCED DATE

May 2019

PRICE

$70 M

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