Globally compliant prospecting solution听Cognism听has raised听拢9听million in funding.听
The London firm helped more than 1,000 customers in 30 countries access compliant prospect data in 2020.听
The听latest funding was led by existing investors AXA Venture Partners alongside听Investiere听and听VentureFounders. They are joined by new investor Swisscom Ventures.听
The capital will support听Cognism听in its plans to expand further across Europe.听
鈥淭his 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,鈥� said CEO听James Isilay.听
鈥淚n 2021 we are focusing on growing our presence in the U.K. and on the continent. We are also looking to enhance our product suite with additional functionality and solutions for our global market.听
鈥淲e 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.鈥�听
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Stefan Kuentz, Partner at Swisscom Ventures, said:听鈥淪ales intelligence is crucial for making sellers more productive, even more so when people are working from home.听听
鈥�Cognism听is well-positioned to become the leading company in Europe and we are excited to be part of that journey.鈥�听
FY2020 saw the company report 60% growth year-on-year as ARR increased from $7 to $11 million. January 2021 saw record-breaking growth for the company as new-business ARR and revenue for the month both surpassed $1 million for the first time.听
May 2020 saw听Cognism听acquire email signature marketing platform听Mailtastic听and the company鈥檚 workforce now includes 200 employees based in seven countries including the U.K., USA, Canada, South Africa, Croatia, Macedonia and Germany.听