
Cosmo Tech
5 Passage du Vercors, Lyon, Auvergne-Rhone-Alpes, 69007, France
Overview
Cosmo Tech develops AI-simulation software that models complex systems to provide predictive and prescriptive decision intelligence for large enterprises. Its platform evaluates millions of potential scenarios to guide critical decisions in supply chain, finance, forecasting, and other dynamic domains. Customers in manufacturing, automotive, energy, and transportation use Cosmo Tech to improve resilience and save millions in logistics expenses. Founded in 2010 and headquartered in Lyon, France, the company combines advanced simulation with other AI techniques to meet the reliability demands of large organizations. Following a majority investment from Insight Partners, Cosmo Tech plans to expand its North American presence by opening a DC‑area innovation hub in early 2025 to support customers and partners. Co‑founders will remain in leadership roles while new executives from Accenture join the management team to scale commercialization and go-to-market efforts. Cosmo Tech’s 360˚ Simulation Digital Twin platform lets organizations explore and test business changes by running unlimited scenarios to identify optimal action plans. The cloud-native solution ingests data from current systems and uses hybrid AI to predict organizational evolution under uncertainty. Its technology has helped asset-intensive organizations increase profit by 5% across complex supply chains and reduce capital and operating expenses by 10–15%. Leading customers in manufacturing, automotive, energy, and transport use Cosmo Tech to improve resiliency, efficiency, and sustainability. Accenture’s strategic investment and partnership is positioned to extend Cosmo Tech’s technology to Accenture’s global clients and support faster enterprise adoption. Founded in 2010, the company plans to scale its enterprise footprint through co-innovation with Accenture’s domain experts and innovation centers. Cosmo Tech provides an Augmented Intelligence platform that delivers asset management and operations optimization solutions for critical infrastructure. The company targets large industrial users and counts customers such as RTE, Alstom, and Nexans. Cosmo Tech is led by co-founders Hugues de Bantel (CEO) and Michel Morvan (Executive Chairman). It closed a $21m Series B financing to support its growth. The company intends to use the funds to invest in human capital, accelerate the go-to-market for its software solutions, and enhance international growth through selected partners, with a strong focus on Europe. Cosmo Tech provides decision-management solutions that combine human expertise with complex systems modeling to deliver Augmented Intelligence, simulating emergent phenomena and cascading effects across connected systems. The platform is used for asset investment optimization and planning in industries such as energy, transportation, urban systems and life sciences. Major customers named in the article include RTE, Alstom, GE, Total, EDF, Veolia, SNCF and Sanofi Pasteur, and European utilities and transit companies use the platform to save tens of millions annually. The company says it doubled revenue each year since its 2014 Series A. Cosmo Tech unveiled a new brand and name and is pursuing expansion from its European success to the global market. The company is headquartered in Lyon, France and San Francisco, and was founded in 2010 as The CoSMo Company.
- Total raised
- $24M
- Funding rounds
- 4
- Latest round
- Series B
- Latest activity
- Sep 2018
Industries
- Analytics
- Artificial Intelligence (AI)
- Asset Management
- B2B
- PaaS
- Predictive Analytics
- Simulation
- Software
Recent funding
Series B
Sep 2018
$21M
Equity
Jun 2017
$3M