Cognitive Credit provides specialist data and analytics software for institutional investors in corporate credit markets. Its product combines proprietary data collection with a web-based application, automated credit models updated within minutes of earnings releases, and workflow tools for credit professionals. Coverage spans US and European investment grade bonds, high yield bonds, and leveraged loan markets. The company plans to use new funding to expand into additional markets and to invest in algorithmic debt valuation and AI solutions. Cognitive Credit counts leading asset managers, hedge funds, and investment banks as clients, including 100% of the top 10 global high yield league table banks. Since its Series A in late 2021 the company has quadrupled its client base, more than doubled its internal team, and increased ARR by over 7x. Cognitive Credit offers data-driven software that combines productivity tools with analytical features to streamline corporate credit analysis and reduce repetitive data processing. Its platform is designed to free investment teams to focus on higher-value work and is used by leading investment banks, asset managers, hedge funds, and financial/legal advisory firms. The company plans to launch multiple products across global credit markets in the coming year. Proceeds from the recent raise will be used to extend market leadership, grow the team, and support expansion into the US market. Cognitive Credit is hiring across engineering, commercial, and data divisions in both the UK and US. To date the company has raised £10 million in total funding.

Total raised

$18M

Funding rounds

2

Latest round

Series B

Latest activity

Sep 2024