Sparkcognition Announces $123 Million Series D Funding And A Unicorn Valuation To Accelerate Ai Adoption Across Industries
Amount Raised
$123 Million
Round Type
Series D
AustinSoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceDescription
SparkCognition, a global leader in artificial intelligence (AI) software solutions for business, today announced the close of its $123 million Series D funding round. Following this round, the company achieved a unicorn valuation in excess of $1.4 billion, bringing the total capital raised to $300 million. Proceeds from this round will accelerate sales and marketing efforts, amplify research and development investments, and facilitate organic and inorganic growth. It also serves to underpin the financial wherewithal of the business.
Quick answer
SparkCognition raised $123 Million in a Series D round, dated January 25, 2022. SparkCognition is based in Austin, Texas, United States.
- How much did SparkCognition raise?
- SparkCognition raised $123 Million in a Series D round on January 25, 2022.
- What does SparkCognition do?
- SparkCognition's award-winning AI solutions allow organizations to predict future outcomes, optimize processes, and prevent cyberattacks.
- Where is SparkCognition based and how big is it?
- SparkCognition is based in Austin, Texas, United States.
Source: Fundz verified event record.
Who else raised in Data And Analytics and Science And Engineering around the same time
Companies in the same sectors as SparkCognition that raised within 45 days of this round, from Fundz verified event records.
- Autobrains raised $19M (Series C) on March 10, 2022.
- Maverick Medical AI raised $5M (Seed) on March 7, 2022.
- Inworld AI raised an undisclosed amount on March 4, 2022.
- EdgeCortix raised an undisclosed amount (Series A) on March 1, 2022.
- RIOS raised $28M (Series A) on February 24, 2022.
- Bloomreach raised $175M on February 23, 2022.
Who to call at SparkCognition, and when
A new round usually means SparkCognition is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day SparkCognition raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SparkCognition, from your own LinkedIn network
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Fundz sees it the moment SparkCognition raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
SparkCognition raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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