L eading globally compliant prospecting solution, Cognism, today announces it has raised $12.5 million in funding led by AXA Venture Partners and joined by Swisscom Ventures.

• $12.5m raise led by existing investors; AXA Venture Partners, Investiere, and VentureFounders.
• Joined by new investor Swisscom Ventures
• ARR grew by 60% year-on-year to December 2020 from $7 to $11 million.
• Cognism’s technology helped over 1,000 customers in 30 countries access compliant prospect data in 2020.

This latest funding was led by existing investors AXA Venture Partners alongside Investiere and VentureFounders. They are joined by new investor Swisscom Ventures.

The capital will support Cognism in its plans to expand further across Europe and consolidate its position as a leading provider of compliant and intelligent B2B contact data.

FY2020 saw the company report 60% growth year-on-year as ARR increased from $7 to $11 million. January 2021 saw record-breaking growth for the company as new-business ARR and revenue for the month both surpassed $1 million for the first time.

May 2020 saw Cognism acquire email signature marketing platform Mailtastic and the company’s workforce now includes 200 employees based in seven countries including the U.K., USA, Canada, South Africa, Croatia, Macedonia and Germany.

Cognism’s continued success and revenue growth is testament to the demand from B2B companies for compliant prospecting data. The company’s ongoing commitment to adhering to global regulations is recognised, as it now is a global leader in providing compliant prospecting data to over 1,000 companies worldwide.