South Central Ventures (SCV) is the latest
international investor to participate in a $500,000 seed round for UK and
Macedonian startup Cognism, which has created innovative solutions for
organizations to give customers with efficiency and privacy.
“We are excited to be able to assist
Cognism to put its automated machine learning algorithms to good use and help
its customers generate better leads and achieve better sales and business
results,” SCV Partner Tatjana Zabasu said in a release. “The feedback from the first users
of the solution is very encouraging, and I strongly believe this seed round
will help the team achieve great results.”
Cognism’s sales-acceleration technology provides
end-to-end services, allowing companies to generate leads and target prospects
efficiently so that they can focus on closing deals instead. The service also
ensures that all work is done in accordance with data protection and legal
restrictions on customer outreach. SCV joins Netcera, Chinese Tsingbay Venture
Capital, Tom James, James Hodson and others in the seed round.
“Cognism’s team is truly international, and
the same is true for a syndicate of investors,” Zabasu said. “We are looking
forward to working with Netcetera and other investors to enable Cognism to
realize their ambitious plans.”
