Cogniterevenue, valuation & funding
Industrial IoT SoftwareTempe, ArizonaFounded 2016CEO Girish Rishi
Cognite is a Norwegian software company that provides an industrial data operations platform designed to help industrial companies transform their operations with data.
Cognite revenue & ARR
Cognite's annual recurring revenue passed $170M in December 2025 (resources.cognite.com).
All 2 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Sep 2025 | $117M | – |
| Dec 2025 | Over $170M | resources.cognite.com |
– source not recorded
Cognite valuation
Cognite is privately held, so there is no Cognite stock to buy. Investors valued it at $3.1B in June 2026.
Valuation history$3.1B Valuation 2026$1.5B 2021$475M Series A 2020
Cognite funding rounds & investors
Cognite has raised $225.2M across three rounds since 2020. The latest was a $150M funding round in May 2021.
| Date | Round | Raised | Valuation | Source |
|---|---|---|---|---|
| May 2021 | Funding round | $150M | $1.5B | Business Wire |
| Oct 2020 | Series A | $75M | $475M | – |
| Jun 2020 | Convertible Note | $224.9K | – | – |
| Total raised | $225.2M |
Cognite competitors
Cognite competes most directly with C3.ai.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 C3.ai | $250.3M | $228.5M | 1,424 | 3.6M | 2009 |
| Cognite | $170M | $225.2M | 800 | – | 2016 |
#1 of 24 Industrial IoT Software companies by revenue · category median $3.2M · See the ranking
Cognite CEO, founders & employees
Girish Rishi founded Cognite in 2016 and runs it as CEO. Cognite has 800 employees (December 2025, resources.cognite.com), up from 620 a year earlier.
- Girish RishiFounder & CEO
BoardMatt Weigand, Kjell Røkke, Sofie Berge, Cim Stordal, Øyvind Eriksen, Jake Reynolds
Also at CogniteOle Pihl Konstad
All 7 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2025 | More than 800 | resources.cognite.com |
| Nov 2025 | 795 | |
| Oct 2024 | 620 | |
| Dec 2020 | 418 | – |
| Jun 2020 | 322 | – |
| Dec 2019 | 236 | – |
| Dec 2018 | 106 | – |
Cognite FAQ
What is Cognite's revenue?
Cognite's annual recurring revenue passed $170M in December 2025, according to resources.cognite.com.
What is Cognite's valuation?
Investors valued Cognite at $3.1B in June 2026, according to resources.cognite.com.
How much funding has Cognite raised?
Cognite has raised $225.2M across three funding rounds. The latest was a $150M funding round in May 2021.
Is Cognite publicly traded?
No. Cognite is a private company, so its shares aren't traded on a stock exchange.
How many employees does Cognite have?
Cognite's headcount was more than 800 in December 2025, according to resources.cognite.com.
Who is the CEO of Cognite?
Girish Rishi is the CEO of Cognite and founded the company in 2016.
Who founded Cognite?
Girish Rishi founded Cognite in 2016.
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How this page is sourced
5 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Oct 7, 2026Data disclaimerReport a correctionClaim this profileRun Cognite? Join the podcast