SparkCognition
Enterprise Software
Founded: 2015
Last Round Valuation: $29B
The company specializes in artificial intelligence systems that aim to streamline operations and uncover innovative solutions to longstanding challenges. Leveraging advanced machine learning technology, they analyze intricate data in sectors such as defense technology, Industrial Internet of Things (IIoT), and finance. By extracting valuable insights from this analysis, the company empowers business professionals and corporate clients to make informed, data-driven decisions, ultimately enhancing their business outcomes.
SparkCognition Overview:
The company is a provider of artificial intelligence systems that are designed to optimize operations and discover novel solutions for complex problems. Their core focus lies in harnessing the power of machine learning technology to analyze intricate data in various sectors, including defense technology, Industrial Internet of Things (IIoT), and finance.
Through their advanced AI systems, the company is able to process and interpret vast amounts of complex data, extracting meaningful insights and patterns. These insights provide valuable information and actionable intelligence to business professionals and corporate clients, enabling them to make better-informed decisions.
In the defense technology sector, the company's AI systems can analyze and interpret data from multiple sources, aiding in threat detection, risk assessment, and decision-making processes. This helps defense organizations enhance their operational efficiency and security.
In the realm of IIoT, the company's AI systems can handle the massive influx of data generated by interconnected industrial devices and systems. By leveraging machine learning algorithms, they can identify anomalies, optimize processes, and predict maintenance needs, thereby improving productivity and reducing downtime.
Additionally, the company's AI systems offer insights in the field of finance, where complex data sets from financial markets, transactions, and customer behaviors are analyzed. This enables financial professionals to gain a deeper understanding of market trends, risks, and investment opportunities, facilitating more informed decision-making and potentially yielding better financial outcomes.
Overall, the company's artificial intelligence systems leverage cutting-edge machine learning technology to analyze intricate data in defense tech, IIoT, and finance. By providing actionable insights, they empower business professionals and corporate clients to make data-driven decisions, optimize operations, and discover new solutions to challenging problems.
Founders:
Amir Husain
John C. Platt
Top Investors:
Alameda Ventures
Boeing HorizonX
Brevan Howard Asset Management
CME Ventures
March Capital Partners
Kerogen Digital Solutions
Bob Stearns
DBV Investments
Sunshine Accelerator
Boiler Riffle Investments
Glacier Systems LLC
Funding History:
Date | Share Type | Amount Raised | Raised to Date | Issue Price | Post Money Valuation | Key Investors |
---|---|---|---|---|---|---|
Sep 2021 | Series D | $150MM | $340.01MM | $16.19 | $1.46B | Undisclosed Investors |
Oct 2019 | Series C | $102.75MM | $190.01MM | $10.03 | $748.2MM | March Capital Partners, Boeing HorizonX, Kerogen Digital Solutions |
Nov 2018 | Series B-1 | $15MM | $87.26MM | $5.51 | $342MM | Undisclosed Investors |
Feb 2018 | Series B | $56.5MM | $72.26MM | $5.51 | $327MM | Alameda Ventures, Boeing HorizonX, Brevan Howard Asset Management |
Jul 2016 | Series A-4 | $8.21MM | $15.76MM | $2.19 | $93.21MM | Alameda Ventures, Brevan Howard Asset Management, CME Ventures |
Nov 2015 | Series A-3 | $5.22MM | $7.55MM | $1.61 | $65.22MM | Alameda Ventures, Bob Stearns, CME Ventures |
Aug 2014 | Series A-2 | $1.95MM | $2.32MM | $0.39 | $13.95MM | Alameda Ventures, Boiler Riffle Investments, Glacier Systems LLC |
Aug 2013 | Series A-1 | $374.99K | $374.99K | $0.08 | $2.53MM | Bob Stearns, DBV Investments, Sunshine Accelerator |
In the News:
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