Cognism secures $12.5m Series B investment

Round led by AXA Venture Partners (AVP), Verve Ventures and Volution

We are delighted to announce that Volution portfolio company Cognism has secured $12.5m Series B funding.

Established in 2015, Cognism is a leader in international sales intelligence, setting a new standard for data quality and compliance, trusted by 1000+ revenue teams worldwide. It is one of the fastest-growing SaaS companies in the UK, growing ARR by 60% last year and voted a Top 10 UK Start-up by LinkedIn.

The capital will support Cognism in its plans to expand further across Europe and consolidate its position as a leading provider of compliant and intelligent B2B contact data. James Isilay, CEO of Cognism, said, "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 U.K. 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."

Cognism’s continued success and revenue growth is testament to the demand from B2B companies for compliant prospecting data. The company’s ongoing commitment to adhering to global regulations is recognised as it is a global leader in providing compliant prospecting data to over 1,000 companies worldwide.