Cogniquest

Active

Cogniquest is a next-gen AI company building a data-centric AI platform for document intelligence and text analytics. This platform can process data streams and documents with high accuracy and minimal training, utilizing context-aware cognitive technologies to simplify complex document-intensive processes. Cogniquest’s “patent-applied” platform extracts, reconciles, and monitors data from complex sources, automating document processing for enterprises. Leveraging cutting-edge research and innovation, it empowers organizations to harness the magic of traditional AI and Generative AI, driving transformative outcomes across diverse domains.

2022

Bangalore, India

Seed

Satish Grampurohit

Girish Kerodi

2024

20+ Senior BFSI industry angel investors

While retail banking and B2C journeys have digitized aggressively in the last 5-7 years, we significantly underestimate the pending disruption in the world of Corporate Banking, Insurance and multiple other document-intensive BFSI use cases. Traditional OCR and automation solutions have done a good job in processing templated and structured documents. Still, there remains a large technology whitespace in the processing of unstructured and complex documents quickly and accurately.

Founded by AI engineers, computational linguists and corporate leaders having decades-long experience in building enterprise-grade products and solutions for the BFSI industry.

“Patent applied” platform powered by their proprietary cognitive engine, which is data-centric and context-aware with the ability to process and extract relevant information from structured and unstructured documents.

Multiple use cases built and tested with 5-7 live enterprise clients using their solutions.

Multiple document-intensive processes that are ripe for disruption in the world of corporate banking, insurance, lending, and other areas. Opportunity to become a leading IDP solution provider for BFSI.

The Intelligent Document Processing market is expected to grow at a CAGR of 29% over the next decade to be a $18bn opportunity across sectors.