Cognaize has filed a notice of an exempt offering of securities to raise $17,912,346.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Cognaize is raising $17,912,346.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Alfred Eisaian played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Cognaize
Cognaize is a first-of-its-kind document automation solution powered by hybrid intelligence to drive continuous improvement for financial services and make transformative decisions that result in an ever-better business. Cognaize was founded by Vahe Andonians, a software engineer, data scientist, academic, senior lecturer, and visionary with decades of experience in the financial services industry. He has partnered with some of the most brilliant and experienced data scientists, data architects, software engineers, and Certified Financial Analysts to design solutions that address some of the most persistent document and business automation challenges in the financial services industry. Under his guidance, Cognaize has created products that empower banks, insurers, asset managers, and data providers with high-quality data. He is the spirit and inspiration behind much of what we have designed and built at Cognaize. Cognaize was founded on the belief that the financial industry needed a better way to extract valuable insights from massive amounts of unstructured data. We understood the potential of deep learning and AI to make this process exponentially faster and easier. Using our unparalleled experience solving complex problems, we built a document automation solution specifically for the financial industry. Now, our clients can transform unstructured data into an ever-better asset that drives more informed decisions and delivers powerful competitive advantages. We believe passionately that our solution should serve financial specialists, not the other way around. That’s why Cognaize was developed for financial experts, by financial experts. Our technology, Cognaize AI platform, unshackles firms from stacks of forms and documents. Not only are their businesses more efficient and productive, but their staff experience greater professional fulfillment.
To learn more about cognaize, visit http://www.cognaize.com/
Contact:
Alfred Eisaian, Chief Executive Officer
650-417-3930
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