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CognitOps
Automated warehouse management solutions
- 21-100 employees
- B2B
- Supply Chain
- Machine Learning
- Cloud Computing
- Barton Hills, Austin, TX
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Company mission
CognitOps's mission is to create software to help people and systems make more productive decisions. They empower leadership with connected visibility, predictive and prescriptive analytics, and AI-powered decision automation.
167% employee growth in 12 months
Our take
CognitOps’ cloud-native software helps optimize warehouse operations. They analyze the huge amounts of warehouse-generated data to offer analytics, recommendations, and guidance in actionable terms. Their Warehouse Operating System helps cut costs, and improve efficiency and infrastructure lifespan.
It is a smart solution to a growing threat of inefficiency in warehouse management. Warehouses are increasingly adopting new robotics and non-legacy solutions, which do not always square easily with legacy warehouse operation methods. Moreover, the benefits they offer risk being obscured by complications in installation and management. With the success metric for warehouses increasingly becoming the speed, rather than the cost, of operations, warehouses will need to stay efficient to stay profitable. So the market looks good for CognitOps going forward.
Moreover, CognitOps - founded in just 2018 - are part of an emerging lucrative start-up market in Texas, towards which many VCs are turning along with tech workers and companies. With the warehouse and storage market expected to reach a $86 billion valuation by 2024, CognitOps are in a strong position to see real success.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Work from home opportunities
Funding (last 2 of 4 rounds)
May 2023
$3.1m
EARLY VC
May 2021
$11m
SERIES A
Total funding: $17.6m
This company has top investors
Leadership
Alex Ramirez
(Co-Founder & CEO)They have an MBA from Minnesota's Carlson School and started out as a Consultant at Accenture. They were also CEO of Reddwerks Corporation, and VP Software Sales & Consulting at Dematic.
Reas Macken
(Co-Founder & COO)They studied for an MBA from the University of Texas, and then joined Matrix Service Company as a Project Engineer. They were also VP Sales Engineering at Reddwerks.