Cognite: 2022 Top Startups for the Enterprise

Founders: John Markus Lervik, Geir Engdahl, Stein Danielsen
CEO: Girish Rishi
Launched: 2017
Headquarters: Oslo, Norway
Funding: $325 million
Valuation: $1.6 billion
Key technologies: Artificial intelligence, cloud computing, Internet of Things, machine learning, no code/low code software
Category: Big data

Cognite is an industrial software company focused on the oil and gas, power and utilities, renewable energy, and manufacturing sectors, helping with the digital transformation of heavy-asset industries and increasing the safety, sustainability and efficiency of their operations. In May 2021, Cognite closed a $150 million investment round led by TCV that valued the company at $1.6 billion. Saudi Aramco acquired a 7.4% stake in the company in February, and Cognite launched a joint venture with the energy company in June to support industrial digitalization in the Kingdom of Saudi Arabia and the wider Middle East and North Africa region.