Cortical.io

Cortical.io delivers highly efficient AI-based solutions that help enterprises unlock the value of unstructured text.

General Information
Company Name
Cortical.io
Founded Year
2011
Location (Offices)
Austria +3
Founders / Decision Makers
Number of Employees
31
Industries
AI, Big Data, Enterprise Software +3
Funding Stage
Series A
Social Media

Cortical.io - Company Profile

Cortical.io is an AI-based startup that focuses on delivering highly efficient solutions for enterprises to unlock the value of unstructured text. Their flagship product, Cortical.io SemanticPro, is an intelligent document processing solution that accurately extracts, analyzes, and classifies information based on meaning, providing the basis for document workflow automation. With over 10 years of expertise in implementing Natural Language Understanding (NLU) solutions in the enterprise, Cortical.io has demonstrated its ability to solve the challenges of language ambiguity and variability across numerous use cases and verticals for Fortune 500 companies. The company, founded in 2011 and headquartered in Austria, operates in the industries of Big Data, Enterprise Software, Information Technology, and Insurtech. In the latest funding round in September 2021, Cortical.io secured a $6.00M Series A investment from Ezpada. This investment not only reflects the confidence of the investor in Cortical.io's potential but also provides the necessary capital for the company to further develop and market its innovative AI-based solutions. With their track record and focused approach to NLU, Cortical.io is well-positioned to continue making an impact in the enterprise AI space and providing valuable solutions for unstructured text processing.

Taxonomy: AI solutions, Natural Language Understanding, NLU technology, Document processing, Information extraction, Workflow automation, Enterprise solutions, Language ambiguity resolution, Fortune 500 companies, Semantic analysis

Funding Rounds & Investors of Cortical.io (7)

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Funding Stage Amount No. Investors Investors Date
Series A $6.00M 1 14 Sep 2021
Debt Financing €7.50M 1 European Investment Bank 03 Mar 2021
Series A Unknown 1 Xilinx 02 Oct 2019
Venture Round $1.20M 3 REVENTON, Numenta 15 Mar 2016
Venture Round $1.80M 2 REVENTON 29 Oct 2015

View All 7 Funding Rounds

Latest News of Cortical.io

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