The London Technology and Life Sciences team advised Cognitive Credit on its $10 million Series B round led by ETFS Capital, with participation from existing investor, XTX Ventures.
Cognitive Credit is a UK-based software development company which provides the world's leading credit investors with specialist data and analytics to form smarter, faster credit views. The company will use the funding to expand into additional markets and continue enhancing its product offering, investing in algorithmic debt valuation and AI solutions for institutional investors.
Founded in 2018, ETFS Capital is a London-based global venture capital firm investing in businesses operating in capital markets across the world. What sets ETFS Capital apart is the firm’s foundation, which is built on deep industry knowledge and a philosophy centered on partnering with founders who are seeking to disrupt the industry status quo. With a long history in the investment management and capital markets space, ETFS Capital leverages its networks and experience to provide lasting value that supports long-term relationships.
XTX is an early-stage VC fund investing in companies with machine learning as a core technology. This unique focus enables XTX to provide tailored operational support and guidance to its portfolio companies by leveraging XTX Markets’ world-leading expertise in machine learning to help grow and enhance those businesses.
The deal team comprised Sophie McGrath, Kenny Walker-Durrant, Jack Christian, Ella Donegan and Amie Corry.
For more details on the round, please see the press release.