London's Cognitive Credit raises €35.73 million to scale its AI and data platform for credit markets
London-based corporate credit data and analytics provider Cognitive Credit has secured a €35.73 million ($40 million) strategic growth investment. The round was led by growth equity firm Summit Partners.
Cognitive Credit, a London-based company offering corporate credit data, analytics and artificial intelligence technology, has attracted a strategic growth investment of €35.73 million ($40 million). The funding is intended to help scale the company's AI and data platform for credit markets.
Who is investing
The round was led by Summit Partners, a global growth equity firm. Existing investor ETFS Capital continued to take part in the round.
Earlier funding
The new investment follows a Series B round of €8.93 million ($10 million). The source excerpt does not name the lead investor of that round, nor does it give details on how the new funds will be used.
