Cognical Receives $10,000,000 New Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2876b01f-b76a-4a0e-a02a-ec7442a27521 - Date
11/20/2014 - Company Name
Cognical - Mailing Address
214 West 29th St 5th Floor New York, NY 10001 USA - Company Description
We build algorithm-based underwriting engines for lenders that see those hidden and predictive patterns in application data. Every engine is customized for a lender’s unique customer base, and our learning algorithms improve with every borrower outcome. Our engines can reduce loss and increase approval rates at the same time. - Website
http://www.cognical.com - Transaction Type
Debt - Transaction Amount
$10,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
Proceeds purposes were not disclosed. - M&A Terms
- Venture Investor
- Venture Investor
- Venture Investor
- Venture Investor
