Cognigy raises US$15 million
Janina Gerhardt
| 18.02.2022
With the investment from DTCP, the Series B financing round increases to 59 million US dollars.
The software start-up Cognigy receives 15 million US dollars from the Hamburg-based investor DTCP. This brings the Series B financing round to a total of 59 million US dollars. Previously, Insight Partners, DN Capital, Global Brain, Nordic Makers and Inventures invested in the startup. "Closing the extended round with DTCP's investment is another big step forward as we expand our operations in Europe, North America and Asia and support a growing network of partners and strategic alliances," said Philipp Heltewig, CEO and co-founder.
Heltewig and Sascha Poggemann founded Cognigy in 2016. The company's customers now include Biontech, Lufthansa, Bosch and Daimler. With Cognigy AI, the company has developed a conversational AI platform for creating voice and chatbots for customer service. With this, even people without a technical background should be able to create virtual agents and offer them in over 100 languages. This should enable companies to improve their service quality and reduce operating costs.
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