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.
Sectors and market segments that Cognite operate in
Cognite serves in the High Tech, Internet of Things - Industry Applications, Energy Tech, Industrial Goods and Manufacturing market segments.The primary business model of Cognite are:- High Tech > Digital Twin > ***** **** > ***** ******
- Internet of Things - Industry Applications > Digital Twin > ***** **** > ***** ******
- Energy Tech > Oil & Gas Tech > ***** **** > ***** ******
- Industrial Goods and Manufacturing > Manufacturing Tech > ***** **** > ***** ******
- High Tech > IoT Applications > ***** **** > ***** ******
- Internet of Things - Industry Applications > IoT Applications > ***** **** > ***** ******
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.
- Website
- www.cognite.com/en
- 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
Latest Funding Round
Last Known Valuation
$3.1B as on Jun 30, 2026
Ranked
5th among 473 active competitors
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)
Legal entities associated with Cognite
Cognite is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Cognite AS CIN: 918274758 , Denmark, Active | Dec 06, 2016 | $50M - $100M (As on Dec 31, 2022) | - | |
COGNITE AS CIN: 918274758 , Norway, Active | Dec 06, 2016 | - | 434 (As on Dec 31, 2023) | |
COGNITE LLC CIN: 932346133 , Norway, Active | May 03, 2018 | - | 89 (As on Dec 31, 2023) | |
COGNITE TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U62099KA2024FTC185777 , India, Active | Mar 05, 2024 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 99 (As on Mar 01, 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 | - | - | - |
View details of Cognite's funding rounds and investors
Cognite's founders and board of directors
Founder? Claim ProfileHere are the details of Cognite's key team members:
- Geir K Engdahl: Co-Founder & CTO of Cognite.
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 | - |
View details of Cognite's Founder profiles and Board Members
Cognite's employee count trend
Cognite has 900 employees as of Jun 26. Here is Cognite's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Matterport 2011, Sunnyvale (United States), Acquired | Provider of 3D digital twin solutions for various industry applications | $163M | 79/100 | |
2nd | Altair 1985, Troy (United States), Acquired | Provider of enterprise software for simulation, data analytics, AI, and HPC | $35.1M | 77/100 | |
3rd | World Labs 2023, San Francisco (United States), Series B | Developer of artificial intelligence models for research automation and analysis | $1.23B | 71/100 | |
4th | Satellite-based technology for measuring environmental footprint | $83.9M | 70/100 | ||
5th | Provider of industrial artificial intelligence and data management platform solutions | $225M | 70/100 | ||
6th | Provider of digital reality solutions combining measurement, positioning, and autonomous technologies | - | 65/100 | ||
7th | Akselos 2010, Lausanne (Switzerland), Series B | Developer of structural performance management software for energy infrastructure assets | $28.7M | 63/100 | |
8th | Provider of industrial artificial intelligence platform for energy and manufacturing sectors | - | 62/100 | ||
9th | Flexcompute 2015, United States, Series C | Developer of cloud-based physics simulation software for engineering design applications | $80.7M | 61/100 | |
10th | 4M Analytics 2019, Israel, Series A | Provider of utility data platform using artificial intelligence for infrastructure | $45M | 61/100 |
Looking for more details on Cognite's competitors? Click here to see the top ones
Cognite's Investments and acquisitions
Cognite has made no investments or acquisitions yet.
News related to Cognite
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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Schneider Electric acquires AI company Cognite for $3.1 billionAZ Big Media•Jul 02, 2026•Cognite, Schneider Electric, AVEVA
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AlpSemi raises 17 million euros for data center power switchesTechzine•Jun 23, 2026•Schneider Electric, Navitas, Yotta Capital Partners, SE Ventures and 2 others
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IFS and AVEVA Announce Partnership to Advance AI-Powered Continuous Asset Decision IntelligenceBatipresse•Jun 19, 2026•AVEVA, IFS, Siemens, Cognite and 1 other
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Cognite Named to CNBC Disruptor 50 List for Leadership in Industrial AIBusiness Wire•May 19, 2026•Cognite
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Cognite Unveils Cognite Flows: An AI-Native Industrial Experience PlatformKorea Newswire•May 14, 2026•Cognite, ABB
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ABB and Cydome collaborate on fleet risk visibility and digital oversight for ship managersDigital Ship•May 13, 2026•ABB, Cydome, Navantia, Cognite
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