London-based startup CognitionX has landed $1.1 million in funding, adding to the previous $3 million round raised earlier this year. The investors in the round include the CXO Fund, Unilever Ventures, and angel investors.
CognitionX's AI Advice Platform connects AI experts with people from across different industries who require advice. The platform is free to use; the company is planning to earn money with the Enterprise Edition, which “allows organisations to capitalise on their internal AI knowledge by seamlessly accessing both the internal and external expertise through a single platform,” CognitionX stated in a press release.
The company's vision is to become a go-to platform for different areas of knowledge.
“It’s often said: ‘if we only knew what we knew, we would be three times more productive’,” said Charlie Muirhead, CEO and Founder of CognitionX. “That quote from Lew Platt, CEO of Hewlett-Packard in the 1980s, is still the sentiment in many large organisations today. CognitionX’s Advice Platform addresses this challenge by matching questions to both internal and external experts in a simple, fast and cost-effective way. We’re starting with a focus on AI, but there’s huge potential to apply this model to advice on a whole range of other topics and domains.”
In the photo: CogX, CognitionX's yearly AI conference