Cognical Receives $10,000,000 New Round

  • Feed Type
  • Date
    11/20/2014
  • Company Name
    Cognical
  • Mailing Address
    214 West 29th St 5th Floor New York, NY 10001 USA
  • 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
    Debt
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor

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