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).
| As of | Revenue | Source |
|---|---|---|
| Sep 2025 | $117M | – |
| Dec 2025 | $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 its June 2026 Valuation.
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 23 Industrial IoT Software companies by revenue · category median $3.3M · 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 RishiCo-founder & 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 | 800 | resources.cognite.com |
| Nov 2025 | 795 | |
| Oct 2024 | 620 | |
| Dec 2020 | 418 | – |
| Jun 2020 | 322 | – |
| Dec 2019 | 236 | – |
| Dec 2018 | 106 | – |
Cognite FAQ
How much money does Cognite make?
Cognite brings in about $170M a year: its annual recurring revenue was $170M in December 2025, according to resources.cognite.com.
How much is Cognite worth?
Companies don't publish a net worth. The closest figure is Cognite's valuation: $3.1B, set in Jun 2026.
Who owns Cognite?
Cognite is privately held by its founders, employees and investors.
Is Cognite publicly traded?
No. Cognite is a private company, so its shares are not listed on a stock exchange.
How much funding has Cognite raised?
$225.2M across 3 rounds; the latest was a $150M round in May 2021.
Who is the CEO of Cognite?
Girish Rishi, a co-founder.
Who founded Cognite?
Girish Rishi, in 2016.
How many employees does Cognite have?
About 800 as of December 2025 (resources.cognite.com).
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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