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DTCP led a $15m Series B extension round in Cognigy.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Single Bidder

Acquisition

Domestic

Friendly

Minority

Private

Completed

Private Equity

Venture Capital

Software

software development

Germany

Synopsis

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DTCP, an investment management platform focused on growth equity and digital infrastructure, led a $15m Series B extension round in Cognigy, an omnichannel customer service automation company. "Closing the extended round with DTCP’s investment is another big step forward as we expand operations in Europe, North America and the Asia Pacific region and support a growing network of partners and strategic alliances. Their extensive digital connectivity expertise and strong global network complement our market-leading technology and expanding global footprint to bring the transformational power of conversational AI to customer service," Philipp Heltewig, Cognigy CEO.

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