Why we invested in Cogniquest
AI-powered intelligent document processing platform for enterprises
May 20, 2025
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Sourabh Tayal

What is Cogniquest?

Cogniquest is an AI-first platform that transforms complex, document-heavy workflows through intelligent document processing (IDP). It offers capabilities like context-aware document understanding, complex form processing, and automated reconciliation, all through a user-friendly, self-service interface. The technology achieves over 95% accuracy with significantly reduced training data and time, enabling faster and more efficient automation at scale. Built by a team of seasoned NLP and enterprise tech experts, Cogniquest is poised to modernize how businesses handle unstructured data across sectors like BFSI, healthcare, and public utilities.

Why we invested?

The intelligent document processing (IDP) market is expected to grow from $5.9B in 2023 to $66.7B by 2032, driven by the increasing demand for smarter automation solutions. Traditional RPA (Robotic Process Automation) and OCR (Optical Character Recognition) tools have struggled to scale due to high complexity and low accuracy. Cogniquest stands out with a proprietary architecture that delivers exceptional results with minimal training data - giving it a meaningful competitive advantage. With a strong founding team experienced in building BFSI tech solutions, high product accuracy, and scalable architecture, the company is well-positioned to lead the next wave of enterprise automation.

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