Cogito

Real-time guidance for customer service agents

Boston, Massachusetts, United States

About Cogito

Cogito specializes in real-time conversational guidance and analytics for customer service interactions. Its main product is an application that provides live support to customer service agents, helping them improve their communication skills and better understand customer emotions during calls. This technology measures customer experience in real-time, aiming to enhance the quality of service provided. Cogito serves a variety of clients, particularly in industries like healthcare, insurance, and telecommunications, where effective communication is essential. The company operates on a software-as-a-service (SaaS) model, allowing clients to subscribe for access to its AI-driven tools. This model not only generates a steady revenue stream but also ensures clients receive ongoing updates and improvements. Cogito's goal is to integrate AI with human interaction to create a more empathetic and efficient customer service experience, ultimately helping businesses achieve better outcomes.

Boston, MassachusettsHeadquarters
2007Year Founded
$126.4MTotal Funding
DEBTCompany Stage
Enterprise Software, AI & Machine LearningIndustries
51-200Employees

Benefits

Medical, dental and vision coverage effective on date of hire
Life and AD&D insurance
Short and Long term disability
Voluntary supplemental life insurance
Flexible Spending Accounts (FSA) for Healthcare
Dependent care and Commuter
401(k) retirement plan
Stock options via equity grants
Compensation Bonus
Employee Referral Bonus Program
20 vacation days
5 sick days
11 company holidays
2 floating holidays
2 'Mental Health' personal days
Company paid parental leave

Risks

Verint acquisition may shift focus away from Cogito's core offerings, alienating clients.
Open-source AI models could increase competition, affecting Cogito's SaaS revenue model.
Dependency on Medallia's technology might limit Cogito's independent innovation.

Differentiation

Cogito uses AI to enhance emotional intelligence in customer service interactions.
The company provides real-time coaching for agents using behavioral science and AI.
Cogito's SaaS model ensures continuous updates and improvements for clients.

Upsides

Verint's acquisition could accelerate Cogito's growth and innovation in customer service AI.
Partnership with Medallia enhances analytics capabilities for better customer journey insights.
Long-term relationship with a Fortune 25 telecom provider showcases scalability and integration.

Funding

Total raised$126.36 M
Latest valuation$87.00 M
StageDEBT
DEBT
1/31/2022
$38
LATE VC
11/30/2021
$17
$87.00 M
$25
SEED
4/30/2016
$1
$5.00 M
$6
$27.50 M