[Funding alert] SaaS startup CogniSaaS raises seed funding

CogniSaaS, which provides a customer onboarding tool for enterprise SaaS companies has raised an undisclosed amount in a Seed funding round from Arali Ventures, a seed-stage venture capital firm focused on investing in disruptive venture-tech startups.

In this round many investors including 100X Entrepreneur, Supermorpheus, marquee angels such as Aneesh Reddy, Ashish Sharma, Pallav Nadhani, Archana Priyadarshini, and others.

Last year in May 2021, the startup raised funding in Pre-seed round from Techstars.

Bangalore-based startup was founded in 2020 by Rupesh Rao, It helps sales, customer success, professional services, product management, engineering, and QA teams work together with a common goal, helping customers achieve efficiency and maximum performance.

Rupesh Rao, Founder, and CEO of CogniSaaS said, “The current tools for customer onboarding and legacy project management are mostly ‘task tracking’ tools. For historical reasons, these tools were not designed to track the value delivery by tracking customer business outcomes and use cases. CogniSaaS was built to automate the tracking of customer-centric value delivery with structured data that includes ‘use cases’, associated product dependencies, and implementation task dependencies – in a ‘single source of truth’.”

“The Indian SaaS industry has now matured to the next level with companies focusing on nuanced problem statements. At Arali Ventures, we are keen on partnering with such founders & companies. CogniSaaS is one such company that enables enterprise software/SAAS companies to deliver real-time visibility of value delivery. The product orchestrates and enhances the level of collaboration amongst internal teams and the visibility of senior leaders across the business, which is the need of the hour", said, Rajiv Raghunandan, Managing Partner, Arali Ventures.