COGNNA

COGNNA

Operator of a cybersecurity platform intended to shield businesses against risks of cyber threats.

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DateInvestorsAmountRound
-investor investor investor investor investor

€0.0

round
investor investor investor

€0.0

round
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N/A

Early VC
Total Funding000k

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Revenues, earnings & profits over time
USD2023
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

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Based in Riyadh, Saudi Arabia, COGNNA is a cybersecurity firm operating on a Software as a Service (SaaS) model, specializing in threat detection and response. The company was founded in 2022 by CEO Ibrahim Alshamrani and CTO Ziyad Alshehri. In August 2022, the company participated in the inaugural Cybersecurity Accelerator Program launched by the Saudi National Cybersecurity Authority. A significant milestone was achieved in November 2023, when COGNNA secured over $2.25 million in a Seed funding round led by Impact46, with participation from Vision Ventures and Faith Capital.

COGNNA's core offering is its Security Operations Center (SOC) platform, COGNNA Nexus, which utilizes artificial intelligence agents to detect, analyze, and respond to cyber threats. This platform is designed to provide businesses with proactive threat detection, anomaly identification, and adaptive risk management. It integrates with a client's existing infrastructure, including endpoints, networks, and cloud services, to provide unified, real-time visibility and context-rich alerts. The system employs AI and machine learning to automate tasks such as alert triage, threat hunting, and incident investigation, aiming to reduce the workload on security analysts and accelerate response times. The platform is engineered to address the specific cybersecurity challenges and regulatory standards of the Middle East and North Africa (MENA) region.

The company's business model is centered on its agentic SecOps platform, which is available as a cloud, on-premises, or hybrid solution. It serves a range of clients, from small and medium-sized businesses to large enterprises. In addition to its SaaS platform, COGNNA offers managed services, including a 24/7 Managed SOC, threat hunting, and compromise assessment services, where their team of professionals actively analyze client systems for vulnerabilities and signs of a breach. The company partners with Value-Added Resellers (VARs), distributors, and Original Equipment Manufacturers (OEMs) to broaden its market reach. Revenue is generated through subscriptions to its platform and fees for its managed security services.

Keywords: cybersecurity, threat detection, incident response, Security Operations Center, SOC, SaaS, artificial intelligence, machine learning, managed security services, threat hunting, compromise assessment, MENA cybersecurity, network security, endpoint security, cloud security, agentic AI, alert triage, security automation, Ibrahim Alshamrani, Ziyad Alshehri

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