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Cognite - About the company

Cognite is an acquired company based in Lysaker (Norway), founded in 2016 by Geir K Engdahl. It operates as a Provider of industrial artificial intelligence and data management platform solutions. Cognite has raised $225M in funding from Accel and TCV, with last known valuation of $3.1B. The company has 473 active competitors, including 92 funded and 31 that have exited. Its top competitors include companies like Matterport, Altair and World Labs.

Company Details

Provider of industrial artificial intelligence and data management platform solutions. The platform unifies and contextualizes industrial data, enabling users to automate complex operations. It offers tools for data onboarding, exploration, and pre-built applications for various workflows. The platform is designed to scale digital transformation across different assets and sites. It empowers teams to enrich operations with trustworthy data.
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Email ID
*****@cognite.com
Registered Address
Oksenøyveien 10 1366 LYSAKER
Key Metrics
Founded Year
2016
Location
Lysaker, Norway
Stage
Acquired
Total Funding
$225M in 3 rounds
Last Known Valuation
$3.1B as on Jun 30, 2026
Investors
Ranked
Annual Revenue
$50M - $100M as on Dec 31, 2022
Employee Count
900 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by Schneider Electric (Jun 30, 2026)

Cognite's acquisition details

Cognite got acquired by Schneider Electric on Jun 30, 2026 at an acquisition amount of $*****.
Click here to take a look at Cognite's acquisition in detail
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Cognite's funding and investors

Cognite has raised a total funding of $225M over 3 rounds. Its first funding round was on Oct 27, 2020. Its latest funding round was a Series B round on Feb 02, 2022 for an undisclosed amount. 1 investor participated in its latest round. Cognite has 4 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Cognite:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 02, 2022
Undisclosed
Series B
-
-
-
May 19, 2021
$150M
Series B
$1.6B
22.3x
-
Oct 27, 2020
$75M
Series A
-
-
-
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Cognite's founders and board of directors

Founder? Claim Profile
The founders of Cognite is Geir K Engdahl. Girish Rishi and Girish Rishi are the CEOs of Cognite.
Here are the details of Cognite's key team members:

Cognite's Board of Directors

Cognite's board has 3 active members. Girish Rishi and John Markus Lervik are part of team and Christine Tønsberg Nilsen is independent board member.
Here is the list of Cognite's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
-
Team
-
Current
-
Independent board member
-
Current
-

Cognite's employee count trend

Cognite has 900 employees as of Jun 26. Here is Cognite's employee count trend over the years:
Employee count trend for Cognite
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Cognite's Competitors and alternates

Top competitors of Cognite include Matterport, Altair and World Labs. Here is the list of Top 10 competitors of Cognite, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Matterport
Matterport
2011, Sunnyvale (United States), Acquired
Provider of 3D digital twin solutions for various industry applications
$163M
79/100
2nd
Logo for Altair
Altair
1985, Troy (United States), Acquired
Provider of enterprise software for simulation, data analytics, AI, and HPC
$35.1M
77/100
3rd
Logo for World Labs
World Labs
2023, San Francisco (United States), Series B
Developer of artificial intelligence models for research automation and analysis
$1.23B
71/100
4th
Logo for Kayrros
Kayrros
2016, Paris (France), Acquired
Satellite-based technology for measuring environmental footprint
$83.9M
70/100
5th
Logo for Cognite
Cognite
2016, Lysaker (Norway), Acquired
Provider of industrial artificial intelligence and data management platform solutions
$225M
70/100
6th
Logo for Hexagon
Hexagon
1975, Stockholm (Sweden), Public
Provider of digital reality solutions combining measurement, positioning, and autonomous technologies
-
65/100
7th
Logo for Akselos
Akselos
2010, Lausanne (Switzerland), Series B
Developer of structural performance management software for energy infrastructure assets
$28.7M
63/100
8th
Logo for Algo8
Algo8
2016, Noida (India), Seed
Provider of industrial artificial intelligence platform for energy and manufacturing sectors
-
62/100
9th
Logo for Flexcompute
Flexcompute
2015, United States, Series C
Developer of cloud-based physics simulation software for engineering design applications
$80.7M
61/100
10th
Logo for 4M Analytics
4M Analytics
2019, Israel, Series A
Provider of utility data platform using artificial intelligence for infrastructure
$45M
61/100
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Cognite's Investments and acquisitions

Cognite has made no investments or acquisitions yet.

News related to Cognite

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Media has covered Cognite for a total of 40 events in the last 1 year, 16 of them have been about company updates and 12 about partnerships.
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