Cognito Forms Raises $10M in Series A

Cognito Forms has successfully raised $10M in a Series A at a $70M valuation led by Unknown.

Company Overview

Cognito Forms is a Enterprise Software company headquartered in Greenville, SC, founded in 2013 with 40+ employees.

Online forms platform

Fundraising Details

Amount Raised: $10M
Round Type: Series A
Valuation: $70M
Date: 2024-05-01
Investors: Unknown

About Cognito Forms

Online forms platform The company is positioned in the Enterprise Software sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Greenville, SC
Founded: 2013
Team Size: 40+
Industry: Enterprise Software

What This Means

This funding round demonstrates strong investor confidence in Cognito Forms's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Enterprise Software sector continues to attract significant investment as companies innovate to meet evolving market demands. Cognito Forms's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $70M valuation marks an important milestone for Cognito Forms, positioning the company among notable players in the Enterprise Software industry.

Looking Ahead

With this new capital, Cognito Forms is well-positioned to execute on its growth strategy and continue building innovative solutions in the Enterprise Software space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-05-01. For more information about Cognito Forms, visit their headquarters at Greenville, SC.