When was Cognitec founded?

Cognitec was founded in 2002 and raised its 1st funding round 4 years after it was founded.

Where is Cognitec located?

Cognitec is headquartered in Dresden, Germany.

Which legal entities is Cognitec associated with?

Cognitec is associated with COGNITEC SYSTEMS GMBH and 1 other.

How many employees does Cognitec have?

As of Jul 31, 2026, the latest employee count at Cognitec is 55.

Is Cognitec a funded company?

Cognitec is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2006.

When was the latest funding round of Cognitec?

Cognitec's latest funding was a $***** Grant (prize money) round on Sep 01, 2020, with participation from 1 investor. Its primary sector is RegTech. In Germany, the RegTech sector has seen $14.1M in funding in 2026 to date.

Where does Cognitec rank among its competitors?

Cognitec ranks 103rd amongst 2295 active competitors, of which 401 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Evrotrust, which secured $7.61M in Nov, 2025.

Who are the top competitors of Cognitec?

Cognitec's top competitors include BitGo, Kairos and Evrotrust. Among them, Evrotrust secured the most recent funding round in November, 2025.

Cognitec - 2026 Company Profile, Team, Funding, Competitors & Financials

Cognitec is an acquired company based in Dresden (Germany), founded in 2002 by Jurgen Richter, Michael Muller and Alfredo Herrera. It operates as a Provider of face recognition software. Cognitec has raised an undisclosed amount in funding. The company has 2295 active competitors, including 401 funded and 246 that have exited. Its top competitors include companies like BitGo, Kairos and Evrotrust.

Company Details

Provider of face recognition software. They offer products for facial image database search,video screening analytics,border control,icao compliant photo capturing and facial image quality assessment.

Website: cognitec.com
Social
Email ID: *****@cognitec.com

Key Metrics

Founded Year

2002

Location

Dresden, Germany

Stage

Acquired

Latest Funding Round

Grant (prize money), Sep 01, 2020, $*****

Investors

Europa & 8 more

Ranked

103^rd among 2295 active competitors

Employee Count

55 as on Jul 31, 2026

Similar Companies

SoundHound & 7278 more

Exit Details

Acquired by Salto Systems (Mar 08, 2022)

View Cognitec's full profile

Cognitec is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
COGNITEC SYSTEMS GMBH CIN: 06.029.637/0001-97 , Brazil, Active	Dec 12, 2003	-	-	-
COGNITEC SYSTEMS GMBH CIN: HRB20776 , Germany, Active	Jun 05, 2002	-	49 (As on Dec 31, 2021)

Cognitec got acquired by Salto Systems on Mar 08, 2022.

Click here to take a look at Cognitec's acquisition in detail

Cognitec has raised funding over 3 rounds. Its first funding round was on 2006. Its latest funding round was a Grant (prize money) round on Sep 01, 2020 for $*****. 1 investor participated in its latest round. Cognitec has 6 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Cognitec:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 01, 2020	6385045	Grant (prize money)	2666638	5513778	4521721	6164106
Jan 09, 2020	7067284	Grant (prize money)	5932295	2301684	8590415	Europa
2006	5749	Seed	7028	4450	7639	DGF

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View details of Cognitec's funding rounds and investors

The founders of Cognitec are Jurgen Richter, Michael Muller and Alfredo Herrera.

Here are the details of Cognitec's key team members:

Jurgen Richter: Co-Founder & Technical Fellow of Cognitec.
Michael Muller: Co-Founder & Director of Cognitec.
Alfredo Herrera: CEO & Founder of Cognitec.

View details of Cognitec's Founder profiles and Board Members

Cognitec's employee count trend

Cognitec has 55 employees as of Jul 26. Here is Cognitec's employee count trend over the years:

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Top competitors of Cognitec include BitGo, Kairos and Evrotrust. Here is the list of Top 10 competitors of Cognitec, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BitGo 2013, Palo Alto (United States), Public	Platform that offers crypto based financial services	$170M	Goldman Sachs, Galaxy & 39 others	81/100
2nd	Kairos 2011, Miami (United States), Series A	Provider of AI-powered identity verification, document authentication, and biometric solutions	$19.6M	500 Global, Beyond Capital Markets & 21 others	74/100
3rd	Evrotrust 2015, Sofia (Bulgaria), Series B	AI based identity verification and e-Signing solution provider	$13.8M	3TS Capital Partners, BDB & 6 others	72/100
4th	Clear 2010, New York City (United States), Public	Provider of expedited identity verification services for airport security and more	$135M	T. Rowe Price, United Airlines & 22 others	71/100
5th	Yoti 2014, London (United Kingdom), Series B	Provider of privacy-focused identity and age solutions	$210M	HSBC, Nex.D & 12 others	71/100
6th	Lithic 2014, New York City (United States), Series C	Provider of platform for businesses to issue and manage payment cards	$121M	Index Ventures, Bessemer Venture Partners ... & 15 others	71/100
7th	iProov 2011, London (United Kingdom), Series B	Platform offering digital identity verification services	$85.1M	Sumeru Equity Partners, Dhs & 39 others	70/100
8th	Mantra Softech 2006, Ahmedabad (India), Series A	Biometrics-based security and surveillance solutions	$14.2M	India SME Investments, Motilal Oswal Financial Services ... & 2 others	70/100
9th	HYPR 2014, New York City (United States), Series D	Provider of passwordless multi-factor authentication, identity verification, and risk management	$131M	RRE Ventures, Advent International & 14 others	69/100
10th	Microblink 2013, London (United Kingdom), Series A	Platform offering card scanning apps-based consumer payments	$60M	Silversmith	68/100
103rd	Cognitec 2002, Dresden (Germany), Acquired	Provider of face recognition software	-	Europa, Spectra Investments & 7 others	52/100