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Cognaize - About the company

Cognaize is a series A company based in Yerevan (Armenia), founded in 2018 by Vahe Andonians. It operates as a Provider of AI-powered document automation solutions for the financial industry. Cognaize has raised $20M in funding from Argonautic and BAJ Accelerator. The company has 48 active competitors, including 13 funded and 2 that have exited. Its top competitors include companies like Codat, Rutter and LiveFlow.

Company Details

Provider of AI-powered document automation solutions for the financial industry. The company’s hybrid intelligence integrates human expertise with artificial intelligence through interfaces and workflows. It transforms unstructured data into actionable insights for downstream systems with accuracy. The solutions enhance explainability and auditability, ensuring data accuracy and clear data flow.
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Email ID
*****@cognaize.com
Phone Number
+374 **********
Key Metrics
Founded Year
2018
Location
Yerevan, Armenia
Stage
Series A
Total Funding
$20M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
266 as on Mar 31, 2026
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Cognaize's funding and investors

Cognaize has raised a total funding of $20M over 2 rounds. Its first funding round was on Nov 02, 2021. Its latest funding round was a Series A round on Jul 18, 2023 for $*****. 2 investors participated in its latest round. Cognaize has 6 institutional investors.

Here is the list of recent funding rounds of Cognaize:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 18, 2023
3564076
Series A
1853344
8829565
3393996
6008065
Nov 02, 2021
7481436
Seed
7313401
3722791
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Cognaize's founders and board of directors

Founder? Claim Profile
The founders of Cognaize is Vahe Andonians. Vahe Andonians is the CEO of Cognaize.
Here are the details of Cognaize's key team members:

Cognaize's employee count trend

Cognaize has 266 employees as of Mar 26. Here is Cognaize's employee count trend over the years:
Employee count trend for Cognaize
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Cognaize's Competitors and alternates

Top competitors of Cognaize include Codat, Rutter and LiveFlow. Here is the list of Top 10 competitors of Cognaize, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Codat
Codat
2017, London (United Kingdom), Series C
Developer of cloud-based financial analysis and forecasting solutions for small and medium businesses
$172M
62/100
2nd
Logo for Rutter
Rutter
2019, San Francisco (United States), Series A
API-based finance and accounting management platform
$28.5M
54/100
3rd
Logo for LiveFlow
LiveFlow
2021, Redwood City (United States), Series A
Cloud-based financial automation and accounting data integration platform for businesses
$17.1M
54/100
4th
Logo for Wealthica
Wealthica
2015, Montreal (Canada), Funding Raised
Portfolio performance tracking platform
-
52/100
5th
Logo for Open Ledger
Open Ledger
2025, San Francisco (United States), Seed
Developer of accounting application programming interface for software as a service
$3M
-
49/100
6th
Logo for Serensia
Serensia
2004, Paris (France), Acquired
Digitization and automation of administrative and accounting processes
$3.51M
47/100
7th
Logo for Helu
Helu
2020, Vienna (Austria), Series A
Accounting data management platform for businesses
$15M
44/100
8th
Logo for Cognaize
Cognaize
2018, Yerevan (Armenia), Series A
Provider of AI-powered document automation solutions for the financial industry
$20M
42/100
9th
Logo for Forward Ai
Forward Ai
2021, Vancouver (Canada), Unfunded
Online API-based platform offering accounting solutions for banks and lenders
-
-
41/100
10th
Logo for Railz
Railz
2020, Toronto (Canada), Series A
Data as a service accounting for businesses
$15.1M
41/100
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Cognaize's Investments and acquisitions

Cognaize has made no investments or acquisitions yet.

Reports related to Cognaize

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News related to Cognaize

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