London-based SaaS firm Cogna has secured €14M ($15M) in a Series A funding round led by Notion Capital, with participation from Hoxton Ventures and Chalfen Ventures.
Cogna plans to expand its platform capabilities and increase the capabilities of its automated AI-powered software factory with the investment.
The company, founded by Ben Peters and Lars Mennen, uses AI to automate the IT consultancy process for large enterprises and targets sectors like utilities, manufacturing, energy, and the public sector.
Notion Capital, a European B2B SaaS and Cloud VC, led the funding round and has a portfolio that includes GoCardless, Mews, Paddle, Unbabel, and YuLife.