London-based Gresham House Ventures has made a £4 million investment in UK firm Cognassist, the SaaS platform which supports people with hidden learning needs through research and a cognitive dataset.
Founded in 2019 by serial entrepreneur Chris Quickfall, Cognassist has scaled within the education market and the investment will see the platform tackle the enterprise market.
“Having established a market-leading education product, Cognassist is at the forefront of this rapidly developing sector and is well positioned to expand into the enterprise market. The Cognassist team is passionate about transforming how neurodiverse individuals are perceived and supported in the workplace, and we look forward to working with them to increase understanding and productivity across the UK," says Joe Krancki, Investment Director at Gresham House Ventures.
“This investment will facilitate a significant expansion for Cognassist into the enterprise market, where our science-backed technology will enable businesses to support neurodiverse employees and ensure they are able to reach their full potential. Gresham House Ventures has an outstanding track record of scaling technology-driven businesses like ours, so we are excited to work with the team over the coming years as we look ahead to the next phase of our growth," says Chris Quickfall, founder and CEO of Cognassist.
As part of the transaction, Gresham House Ventures’ talent function supported Cognassist in appointing seasoned entrepreneur Nerissa Naidu to its board. She will advise Cognassist on its ESG, technology and revenue generation strategies.
“We are finally witnessing increasing recognition of the barriers that neurodiverse employees can face in the workplace, and a growing number of businesses are looking for effective diversity, equity and inclusion solutions that support these individuals. Cognassist aims to do just that and I look forward to working with Chris and the team to deliver on their goals," says Nerissa Naidu.