Cognical Receives $40,000 Seed Funding Round

  • Feed Type
  • Date
    4/26/2013
  • Company Name
    Cognical
  • Mailing Address
    214 West 29th St 5th Floor New York, NY 10001
  • Company Description
    We build algorithm-based underwriting engines for lenders that see those hidden and predictive patterns in application data. Every engine is customized for a lender’s unique customer base, and our learning algorithms improve with every borrower outcome. Our engines can reduce loss and increase approval rates at the same time.
  • Website
    http://www.cognical.com
  • Transaction Type
    Accelerator
  • Transaction Amount
    $40,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    The company will use the proceeds to accelerate its initial development.
  • M&A Terms
  • Venture Investor
    Entrepreneurs Roundtable Accelerator

Trending on Xconomy