Cognaize
New York-based intelligent document processing company specializing in neuro-symbolic AI for financial services, backed by $18M Series A funding.
Overview
Founded in 2020 by Vahe Andonians, Cognaize raised $18 million in Series A funding led by Argonautic Ventures with participation from Metaplanet, reporting 4x ARR growth in 2022. The company differentiates through neuro-symbolic AI architecture combining neural networks with symbolic reasoning, specifically trained on over 1.3 million financial documents.
In May 2023, Cognaize enhanced its platform with Knowledge Graph integration enabling semantic search and cross-document intelligence. The company gained industry recognition as 2025 A-Team Group Innovation Award winner for Knowledge Graph Excellence and became an extraordinary FinTech member of the Association of German Banks in September 2024, signaling European expansion.
Andonians emphasizes data privacy: "We will continue to refine our client-side AI models, guaranteeing nobody gains an advantage of client's data except the client itself", addressing regulatory concerns in financial services.
Key Features
- Neuro-Symbolic AI: Combines neural networks for pattern recognition with symbolic AI for logical reasoning and financial domain knowledge
- Knowledge Graph Integration: Enables semantic search and cross-document intelligence extraction for deeper insights
- Client-Side AI Models: Processes data locally to address financial services privacy and regulatory requirements
- Financial Domain Training: Pre-trained on 1.3 million documents including credit agreements, SEC filings, and ESG disclosures
- Hybrid Intelligence: Expert-in-the-loop workflows combining AI automation with human validation
- 30+ Financial Templates: Multi-language support with database integration and compliance features
Use Cases
Credit Agreement Processing
Processes 120,000 documents annually with 99.7% accuracy, reducing manual spreading time by 75% and cutting costs 10x for major banks analyzing complex loan documents and credit agreements.
SEC Filing Analysis
Rating agencies leverage Cognaize for financial report validation, with 500,000 reports processed across 12 million pages achieving 99.9% accuracy and 66% reduction in processing time.
ESG Disclosure Processing
Financial institutions extract insights from ESG-related documents using hybrid intelligence, achieving 99.3% classification accuracy while reducing manual processing by 80%.
Technical Specifications
| Feature | Specification |
|---|---|
| AI Architecture | Neuro-symbolic (neural networks + symbolic AI) |
| Training Data | 1.3M+ financial documents |
| Document Types | Credit agreements, SEC filings, ESG disclosures, loan applications, trustee reports |
| Accuracy | 99.9% (reports), 99.7% (credit agreements), 99.3% (classification) |
| Templates | 30+ financial templates |
| Language Support | Multi-language |
| Deployment | Client-side AI models, on-premises, cloud, hybrid |
| Compliance | GDPR, financial regulations |
| Performance | 75-80% time reduction, 10x cost savings |
Resources
Company Information
Headquarters: New York, New York, United States (115 Broadway)
Founded: 2020
Founder: Vahe Andonians
Funding: $18M Series A (Argonautic Ventures, Metaplanet)