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Founded in 2015 by former IBM Watson principal investigator David Ferrucci, Elemental Cognition develops a hybrid artificial intelligence platform combining large language models with formal reasoning agents and optimization engines. The venture-backed enterprise software company focuses on natural learning to deliver transparent, explainable solutions for complex problem-solving, conversational applications, and discovery tools across multiple industries. By enabling artificial intelligence that thinks before it talks, the platform assists large organizations in understanding complex content and reasoning about it to find provably correct answers. As of August 2023, the growing firm has raised $60 million toward a $65.7 million funding target to scale its reliable enterprise applications. Backed by over one hundred patents and publications, the company leverages deep expertise from its leadership, including Ferrucci's recent appointment as Managing Director of the Institute for Advanced Enterprise AI.
Elemental Cognition has raised $60.0M across 1 funding round.
Elemental Cognition has raised $60.0M in total across 1 funding round.
Elemental Cognition has raised $60.0M across 1 funding round. Most recently, it raised $60.0M Series B in August 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 31, 2023 | $60M Series B | — | AME Cloud Ventures, Breyer Capital, Bridgewater Associates, Staged Ventures | Announced |
Elemental Cognition has raised $60.0M in total across 1 funding round.
Elemental Cognition's investors include AME Cloud Ventures, Breyer Capital, Bridgewater Associates, Staged Ventures.