Startup · Norway
Cognite
HQ Lysaker, NorwayFounded 2016501-1000 employeesUpdated
Cognite is recognized for its ability to streamline data lifecycle management, diverse partner ecosystem, and strong implementation and customer success support.
Funding5 rounds · ~$225M
- Equity raised
- ~$225M
- Debt, secondaries & grants
- ~$113M
- Latest
- ~$113MSecondary · Feb 2, 2022
- Last valuation
- $1.50B?Basis not stated · Secondary · Feb 2, 2022
| Announced | Stage | Valuation | Basis |
|---|---|---|---|
| Oct 27, 2020 | Series A | $550M | Basis not stated |
| May 19, 2021 | Series B | $1.60B | Basis not stated |
| Feb 2, 2022 | Secondary | $1.50B | Basis not stated |
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Feb 2, 2022 | Secondary | ~$113M | $1.50B? | Saudi Aramco | — | Reported |
| Feb 1, 2022 | Secondary | Undisclosed | — | — | Aramco Overseas Company B.V.) | Confirmed |
| May 19, 2021 | Series B | $150M | $1.60B? | TCV | — | Confirmed |
| Oct 27, 2020 | Series A | $75.0M | $550M? | Accel | — | Reported |
| 2020 | Convertible | ~$200K | — | Aker ASA | — | Speculative |
- ~$113MFeb 2, 2022
- UndisclosedFeb 1, 2022
- $150MMay 19, 2021
- $75.0MOct 27, 2020
- ~$200K2020
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems12
- Asset RCAPreconfigured AI agent for assisting equipment root-cause analysis.
- BlueprintPreconfigured AI application for connecting engineering diagrams with operational dashboards.
- ChartsConfigurable industrial application in the Cognite Flows platform.
- Cognite Atlas AILow-code software workbench for building AI agents using industrial data.
- Cognite Data FusionIndustrial data platform for organizing operational information in a unified data model.
- Cognite FlowsSoftware platform for building and running industrial workflows using data and AI tools.
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
People7
| Person | Role |
|---|---|
| Fredrik Anfinsen · LinkedIn ↗ | Co-Founder and Director of Product Development |
| Geir Engdahl · LinkedIn ↗ | Co Founder & CTO, AI |
| John Lervik · LinkedIn ↗ | Founder & Chief Strategy & Development Officer |
| John Markus Lervik | Co-founder and CEO |
| Girish Rishi · LinkedIn ↗ | CEO |
| Moe Tanabian | Chief Product Officer |
| Trygve Olav Rønningen | Chief operating officer |
Sources20
Show all 20 sources and supporting evidence
Profile3
- 1
PitchBook · Supports Organization · employee range, Organization · founded year, Organization · linkedin url, Organization · x url
“employee_range: 501-1000 (profile: 800)”
- 2
Sixth-Domain · Supports Organization · kind
“{"group": "startups", "id": "82c6c1d1-a6a1-48d1-b344-dbf03d25bcc7", "name": "Cognite"}”
- 3DatabaseCognite - Owler company profile
Owler · Supports Organization · country, Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url, Organization · x url
“country: NO”
Systems7
- 4
Cognite · Supports System
“As a **field worker**, use InField to complete your tasks and capture measurements and observations when you work. As a **supervisor**, use InField to plan, schedule, and assign work activities.”
- 5
Cognite · Supports System
“With Maintain, you can visualize activities and all related data to find potential issues or opportunities, create detailed **campaign plans** for events like shutdowns and turnarounds, discover **opportunity scopes** and reduce isolation frequency and production loss, then monitor the progress of your activities, make adjustments, and **analyze maintenance trends** over time.[]()”
- 6
Cognite · Supports Organization · description, Organization · name, Organization · website, System
“Cognite is recognized for its ability to streamline data lifecycle management, diverse partner ecosystem, and strong implementation and customer success support.”
- 7CompanyCognite Atlas AI | Cognite
Cognite · Supports System
“Cognite Atlas AI™ is the only low-code industrial AI agents workbench that powers agents with AI-ready industrial data to automate your industrial workflows and accelerate business impact across the organization at scale like never before.”
- 8
Cognite · Supports System
“Cognite Data Fusion® brings deep industrial expertise into your operations to provide you with a unified, central data model of all your industrial data.”
- 9CompanyCognite Flows™ | Cognite
Cognite · Supports System
“Cognite’s ready-to-use, configurable industrial applications, including Industrial Canvas, InField, Maintain, and Charts, for instant deployment of proven workflows.”
- 10
Cognite · Supports System
“## Work Package Generator Cut time to produce a complete Industrial Canvas work package from ~30 minutes (manual) to under 5 minutes.”
Funding8
- 11CompanyAramco Invests in Cognite
Cognite · Feb 2, 2022 · Supports Funding round
“Saudi Aramco, Cognite’s long-time digitalization partner in the Middle East, acquired a 7.4% stake in Cognite”
- 12
Reuters · Feb 2, 2022 · Supports Funding round · amount, Funding round · post money valuation usd
“The price for the stake was "around 1 billion Norwegian crowns," or about $113 million”
- 13CompanyAramco Invests in Cognite
Cognite · Feb 1, 2022 · Supports Funding round · stage
“Cognite, a global leader in industrial software innovation, announces today that Saudi Aramco, via its subsidiary Aramco Overseas Company B.V., has invested in Cognite by purchasing 100% of Aker BP's shares in the company.”
- 14
Aker ASA · Jun 3, 2021 · Supports Funding round · amount
“Aker announces that the transaction has been finalized and closed”
- 15
Aker ASA · May 19, 2021 · Supports Funding round · amount, Funding round · post money valuation usd, Organization · ownership
“Cognite has raised USD 150 million in a Series B investment by TCV”
- 16CompanyCognite Secures $150 Million Investment from TCV to Accelerate Digitalization of Global Industries
Cognite · May 19, 2021 · Supports Funding round · amount
“Cognite, a global leader in industrial software innovation, announced today that it has signed an investment round of $150M with leading global growth equity firm TCV, valuing the company at $1.6B.”
- 17
Nordic9 · Oct 27, 2020 · Supports Funding round · amount, Funding round · post money valuation usd
“announced closing a series A round of $75 million”
- 18
People2
- 19
Crunchbase · Supports Organization · country, Organization · employee range, Organization · hq city, Organization · linkedin url, Organization · x url, Role
“country: NO”
- 20
LinkedIn · Supports Organization · employee range, Organization · founded year, Organization · linkedin url, Role
“employee_range: 501-1000 (profile: 501-1,000 employees)”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.