Cognaize

Software DevelopmentTrenton, New Jersey, United StatesFounded 2020264 employees$20M raised

Cognaize sells AI software that processes unstructured financial documents for banks, insurers and investment firms. The Trenton-based company has 264 employees and raised $20M in a Series A round in July 2023. Cognaize's platform uses AI to annotate financial documents faster than manual methods. Its clients include major banks, rating agencies and investment firms. The company has grown rapidly since its 2020 founding, reaching 264 staff and securing $20M in Series A funding led by Argonautic Ventures and Metaplanet. The company's largest function is finance, with 78 employees in that department. Leadership spans engineering, product and client-facing roles. Cognaize draws talent primarily from Armenian banks and financial institutions, with SCBM, Central Bank of Armenia and IDBank as top sources. Alumni frequently move to Ameriabank, Acba bank and Digitain. Cognaize alumni have founded three companies, including Enterprise Armenia and Landmark Capital CJSC.

Employees
264
Total raised
$20M
Last: Series A
Site visitors
6K
per month
Alumni founders
3
companies started

The growth story

Cognaize headcount and funding264 people today
369$20M264202120222023202420252026
Data by CrustdataCrustdata

Cognaize grew from 144 to 264 employees between 2021 and 2026, raising $20M along the way, most recently a Series A in July 2023.

About

Cognaize develops AI software that automates document processing for financial institutions. Its platform helps banks, insurers and asset managers extract and annotate data from unstructured documents faster than manual methods. The company targets finance professionals who need to process large volumes of documents efficiently.

Since its 2020 founding, Cognaize has grown to 264 employees and raised $20M in Series A funding in July 2023. The company's rapid growth reflects demand for AI solutions in financial document processing. Its client base includes some of the world's largest banks, rating agencies and investment firms.

Founders and leadership

Cognaize's largest function is finance, with 78 employees in that department. The company's leadership spans engineering, product and client-facing roles. With 264 staff, Cognaize has built a substantial organization since its 2020 founding.

The Cognaize org chart

Vahe Andonians (Founder, CEO) leads 28 mapped leaders with 18 direct reports. Click +N to expand a team; names link to the person’s public profile.

Departments, and which ones grew

Headcount by functiongrowth vs 12 months ago
FFinance
164+3%
IInformation Technology
320%
EEngineering
27-23%
BBusiness Development
8-11%
PProgram and Project Management
5-17%
AAccounting
4+33%
AAdministrative
30%
OOperations
30%
CCustomer Success and Support
3-25%
Data by CrustdataCrustdata

Headcount by function: Finance 164 (+3% YoY), Information Technology 32 (0% YoY), Engineering 27 (-23% YoY), Business Development 8 (-11% YoY), Program and Project Management 5 (-17% YoY), Accounting 4 (+33% YoY).

Talent flow

Cognaize draws talent primarily from Armenian banks and financial institutions. Top sources include SCBM, Central Bank of Armenia and IDBank. Alumni frequently move to Ameriabank, Acba bank and Digitain.

Where Cognaize people come from, and where they go156 current + 267 former profiles
7 people: SCDM → Cognaize6 people: Central Bank of Armenia → Cognaize5 people: IDBank → Cognaize4 people: AMIO BANK → Cognaize4 people: Acba bank OJSC → Cognaize3 people: Exinity → Cognaize3 people: INGO → Cognaize3 people: Coca-Cola HBC → Cognaize9 people: Cognaize → Ameriabank CJSC5 people: Cognaize → Acba bank OJSC5 people: Cognaize → Digitain Armenia4 people: Cognaize → Inecobank CJSC4 people: Cognaize → PwC Armenia3 people: Cognaize → Digitain3 people: Cognaize → American University of Armenia3 people: Cognaize → EPAMCognaize264 peopleCAME FROMWENT TOSCDM7 peopleCentral Bank of Arm…6 peopleIDBank5 peopleAMIO BANK4 peopleAcba bank OJSC4 peopleExinity3 peopleINGO3 peopleCoca-Cola HBC3 peopleAmeriabank CJSC9 peopleAcba bank OJSC5 peopleDigitain Armenia5 peopleInecobank CJSC4 peoplePwC Armenia4 peopleDigitain3 peopleAmerican University…3 peopleEPAM3 people
Data by CrustdataCrustdata

Most common previous employers of Cognaize staff: SCDM (7), Central Bank of Armenia (6), IDBank (5), AMIO BANK (4), Acba bank OJSC (4), Exinity (3). Former Cognaize employees most often moved to Ameriabank CJSC (9), Acba bank OJSC (5), Digitain Armenia (5), Inecobank CJSC (4), PwC Armenia (4), Digitain (3).

Alumni worth knowing

The Cognaize mafia

Cognaize alumni have founded three companies, including Enterprise Armenia and Landmark Capital CJSC.

Gohar AbajyanLilit BadeyanAren Barseghyan3
founders left Cognaize and started 3 companies, employing 79 people between them

41 employees
Gohar Abajyan, was Chief of Staff to CTO,CPO/ Strategic Projects Director until 2024
Lilit Badeyan, was Financial Analyst until 2020
5 employees
Aren Barseghyan, was Senior Project Manager until 2025

Web traffic

cognaize.com monthly visitors+26% month over month
1,26811,78622,3046,337202420252026
Data by CrustdataCrustdata

Traffic mix: 0% direct, 0% search, 0% social, 0% paid.

What this company is made of

Headcount by skillwhat people list on their profiles
FFinancial Analysis
68
CCommunication
50
MMicrosoft Office
47
AAccounting
46
AAnalytical Skills
42
MMicrosoft Excel
40
FFinance
39
PPython (Programming Language)
38
EEnglish
38
DData Analysis
33
Data by CrustdataCrustdata

Most common skills at Cognaize: Financial Analysis (68), Communication (50), Microsoft Office (47), Accounting (46), Analytical Skills (42), Microsoft Excel (40), Finance (39), Python (Programming Language) (38).

Where the team actually sits

Headcount by regionHQ: Trenton, New Jersey, United States
YYerevan, Armenia
119
AArmenia
20
HHesse, Germany
3
KKotayk Province, Armenia
2
UUnited States
1
WWashington, United States
1
SSingapore, Singapore
1
NNew York City Metropolitan Area
1
Data by CrustdataCrustdata

Cognaize people are concentrated in Yerevan, Armenia (119), Armenia (20), Hesse, Germany (3), Kotayk Province, Armenia (2).

Search footprint

Organic clicks
286
per month
Traffic worth
$0K
if bought as ads
Ranking keywords
136

Cognaize attracts about 286 organic search visits a month, traffic worth roughly $0K a month if bought through ads. It gained 22 ranking keywords and lost 51 in the last period.

What employees say

Compensation
3.20 / 5
Career opportunities
3.20 / 5
Senior management
3.00 / 5
Work-life balance
3.40 / 5

Frequently asked

How many employees does Cognaize have?

Cognaize has 264 employees as of September 2026.

How much has Cognaize raised?

Cognaize has raised $20M in total, most recently a Series A round in July 2023.

Who founded Cognaize?

Cognaize was founded in 2020 by Vahe Andonians, Tigran Gularyan.

Who is the CEO of Cognaize?

Vahe Andonians (Founder, CEO) sits at the top of Cognaize's reporting structure, with 18 direct reports.

Where does Cognaize hire from?

The most common previous employers of current Cognaize staff are SCDM (7 people), Central Bank of Armenia (6 people), IDBank (5 people).

Where do Cognaize employees go after leaving?

Former Cognaize employees most often move to Ameriabank CJSC (9), Acba bank OJSC (5), Digitain Armenia (5).

What companies were founded by ex-Cognaize employees?

At least 3 companies have a founder who previously worked at Cognaize, including Enterprise Armenia, Landmark Capital CJSC, SoundGate.

How much traffic does Cognaize get from search?

Cognaize attracts about 286 organic search visits a month, worth roughly $0K a month in equivalent ad spend.

What skills do people at Cognaize have?

The most common skills among Cognaize staff are Financial Analysis, Communication, Microsoft Office, Accounting, Analytical Skills.

Where is Cognaize's team located?

Cognaize staff are concentrated in Yerevan, Armenia (119), Armenia (20), Hesse, Germany (3).

How big is Cognaize's finance team?

Cognaize has about 164 people in Finance, up 3% over the past year, as of September 2026.

How big is Cognaize's information technology team?

Cognaize has about 32 people in Information Technology, up 0% over the past year, as of September 2026.

Computed from 156 current and 267 former Cognaize profiles, as of September 2026. Source: Crustdata.

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