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New Deal


Announced

Completed

Argonautic Ventures and Metaplanet completed the $18m Series A round in Cognaize.

Financials

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Transaction Value£13m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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United States

Software

Acquisition

Domestic

Minority

Completed

Friendly

software development

Private

Venture Capital

Single Bidder

Synopsis

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Argonautic Ventures, a venture fund, and Metaplanet, a venture fund, completed the $18m Series A round in Cognaize, a software development company. “Cognaize is a company to watch. They are rapidly redefining how the finance industry can leverage modern AI to harness the power of their own data to dramatically cut costs while simultaneously creating new competitive advantage,” Rauno Miljand, Metaplanet Managing Partner.

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