Cognida.ai Raises $15 Mn Funding Led By Nexus Venture Partners

Cognida.ai, an enterprise AI startup has raised $15 million in a Series A funding round led by Nexus Venture Partners.

The Startup plans to use the funds to improve its AI solutions, which over 30 organizations already use. The proceeds will be used to expand Cognida.ai’s AI solutions across important industries, enhance products, grow AI teams and speed up marketing efforts to attract more customers.

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Feroze Mohammed, Founder and CEO at Cognida.ai, said, “Enterprise AI adoption has reached its tipping point. While 87% of enterprises are investing in AI, only 20% successfully deploy solutions into production. We are uniquely positioned to close the divide between ambition and achievement in integrating AI into everyday business processes. We’ve honed the expertise, tools, and delivery model needed to navigate the complexities of AI adoption. This investment validates our approach of delivering measurable ROI through practical AI solutions, leading the next wave of AI services companies.”

“AI’s mainstream adoption requires specialised service providers who can bridge the gap between cutting-edge capabilities and practical applications. We are impressed with Cognida.ai’s strong traction and innovative approach with a clear focus on practical AI solutions. Their success with enterprise clients showcases an ability to deliver real impact, and we’re excited to partner with Feroze and the team as they scale in this dynamic space, said, Anup Gupta, Managing Director at Nexus Venture Partners.

In a market where 80% of AI projects fail and take 6-8 months to implement, Cognida.ai has found a successful approach to AI adoption with its Zunō accelerator platform and industry-specific solutions. The company consistently delivers AI implementations in just 10-12 weeks, providing measurable returns on investment.

About Cognida.ai

Founded in 2022 by Feroze Mohammed, Abid Mohammed, Deb Acharya, and Gopalakrishna Kuppuswamy, Cognida.ai provides AI solutions for businesses that focus on achieving clear results. Its Zunō platform and industry-specific tools help companies integrate AI with minimal disruption to operations. 

Based in Chicago, with offices in Silicon Valley and Hyderabad, the company serves clients in manufacturing, healthcare, finance, and technology.

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