Cognism raises $12.5 million

London-based B2B AI-powered sales acceleration platform Cognism has raised $12.5 million in funding led by existing investors AXA Venture Partners , Investiere, VentureFounders, and joined by new investor Swisscom Ventures. The capital will support Cognism in its plans to expand further across Europe.

Founded in 2015, Cognism (a team of ~223) provides organizations with compliant B2B data and a suite of sales acceleration tools to help action it. According to Cognism, it works with over 1,000 companies worldwide.

“This is great news for us as we continue to thrive. This funding round marks the continued recognition of the strength of our team as we are now one of the biggest go-to-market data providers in Europe. In 2021 we are focusing on growing our presence in the UK and on the continent. We are also looking to enhance our product suite with additional functionality and solutions for our global market. We continue to invest in making our data compliant in every one of the 30 countries in which we operate. Our patented AI technology solution makes the process of finding the right prospect faster, more accurate and compliant, which is now a top priority for all businesses.” – James Isilay, CEO of Cognism.

“Sales intelligence is crucial for making sellers more productive, even more so when people are working from home. Cognism is well-positioned to become the leading company in Europe and we are excited to be part of that journey.” – Stefan Kuentz, Partner at Swisscom Ventures.

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