CPE News Brief (9.27.2023) – Cognota Inc. has reportedly raised US $5.5 million in Series A funding consisting US $4.5 million in equity and US $1 million in venture debt funding from Comerica Bank.
The Series A was led by Grotech Ventures with participation of IDEA Fund Partners, Tyton Partners, Generation Ventures, BDC Capital, CEAS Investments and other investors.
In conjunction with the financing, Steve Fredrick, General Partner of Grotech Ventures, has joined Cognota board of directors.
Toronto based Cognota Inc. is a Learning Operations platform that allows corporate Learning & Development leaders to make data-informed decisions and business cases,
while their team members enjoy a more efficient workflow.
Formerly known as Expert Knowledge Incorporated and Get Synapse, Inc., the Delaware domiciled company re-domiciled as a CBCA company in 2019 and changed its name to Cognota Inc. in February 2022.
photo credit: Cognota