Cortical.io

company

About

Cortical.io offers AI-based natural language understanding solutions built on technology inspired by Neuroscience

  • 11 - 50

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
€7.50M
Industries
Artificial Intelligence,Big Data,Enterprise Software,Information Technology,Legal Tech,Machine Learning,Natural Language Processing,Semantic Search,Software
Founded date
Nov 1, 2011
Number Of Employee
11 - 50
Operating Status
Active

Cortical.io delivers AI-based Natural Language Understanding (NLU) solutions which are quicker and easier to implement and more capable than current approaches. The company’s patented approach enables enterprises to more effectively search, extract, annotate and analyze key information from any kind of unstructured text. Cortical.io artificial intelligence-based solutions can be quickly trained without supervision in the specialized vocabulary of any business domain and can function across multiple languages. The company’s solutions have been implemented at multiple Fortune 100 businesses, covering a wide spectrum of use cases, and its strategic business partners include PwC* Germany. Cortical.io has a broad general license for Numenta’s HTM technology. Cortical.io has offices in the US (New York and San Francisco) and in Europe (Vienna). For more information, go to https://www.cortical.io. Follow us on LinkedIn and Twitter @Cortical_io.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
€9M $4.25M
Cortical.io has raised a total of €9M $4.25M in funding over 2 rounds. Their latest funding was raised on Mar 3, 2021 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 3, 2021 Debt Financing €7.50M 1 European Investment Bank Detail
Mar 15, 2016 Series Unknown $1.20M 1 Detail
Oct 29, 2015 Series A $1.80M 1 Detail
Nov 6, 2014 Seed $1.25M 1 Detail
Nov 22, 2013 Seed €1.50M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Cortical.io is funded by 2 investors. European Investment Bank and REVENTON are the most recent investors.
Investor Name Lead Investor Funding Round
European Investment Bank Yes Debt Financing
REVENTON Series Unknown