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Cognitive Credit lands $40m as AI reshapes credit research

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Cognitive Credit lands $40m as AI reshapes credit research

Cognitive Credit, a provider of corporate credit data, analytics and AI tools, has closed a $40m strategic growth investment as institutional investors push for verifiable data to underpin AI-driven credit analysis.

Summit Partners led the round, and existing backer ETFS Capital also took part. Chris Bon, a partner at Summit Partners, has taken a seat on the Cognitive Credit board of directors. The capital will fund the company’s commercial push in the US and the development of its next product generation.

Two launches sit at the centre of that roadmap. DealConnect, due imminently, will let users pull detailed credit models on demand for private issuers whose reporting is shared through secure data rooms.

The company is also preparing to deploy agentic credit analysis, which layers advanced AI over its verified data to automate in-depth fundamental research. Cognitive Credit plans to keep extending its issuer coverage into additional credit markets.

The firm operates a web application that supports analysts at each stage of credit research, pairing verified data with analytics and generative AI built for the credit domain. Its proprietary dataset, derived from the analysis of hundreds of thousands of financial reports, gives users audit-grade credit models and primary reporting libraries for more than 3,500 corporate bond and loan issuers across the US, Europe and emerging markets.

Clients can also access the data through a REST API, an Excel add-in or the company’s Claude connector, with every output traceable to its source.

Adoption has climbed sharply. More than 80% of the 25 largest asset managers by AUM and all of the top 10 investment banks on global debt league tables now use the platform.


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