Cognitive Credit announces $10m Series B for credit data and analytics
ETFS Capital leads financing completed in the second quarter of 2024, with XTX Ventures also participating.
Cognitive Credit announced a $10 million Series B on 4 September 2024. The round, completed during the second quarter, was led by ETFS Capital, with existing investor XTX Ventures participating.
The company planned to expand into additional credit markets and invest in algorithmic debt valuation and AI tools for institutional investors. Its software combines structured financial data with credit models and analytical workflows.
The Series B brought reported lifetime funding to $25 million. That cumulative figure includes earlier rounds.
Use of funds
Expand into additional credit markets
Develop algorithmic debt valuation and AI solutions