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- Cognoa
Cognoa Funding, Investors & Competitors
Cognoa has raised $127M across 4 funding rounds, most recently a $73M Series B in November 2022.
Last Cognoa funding round
$73M
Series B · Nov 2022
Cumulative funding Cognoa raised
$127M
across 4 funding rounds
Key investors in Cognoa
Morningside
Stanford Technology Ventures Program
About Cognoa
Cognoa is a Redwood City-based pediatric behavioral health company that develops FDA-authorized digital diagnostics and therapeutics for early autism detection and management. Its AI-driven platform analyzes video observations and parent reports to provide clinical-grade assessments, reducing diagnostic delays from years to weeks. Cognoa also addresses ADHD and anxiety through its expanding product pipeline, supporting clinicians and families worldwide. Founded in 2012, the company partners with Children's Health System and has treated over 10,000 children, improving access in underserved regions.
Founded
2013
HQ
Website
Status
Privately held
Customer focus
B2B & B2C
Revenue model
Subscription
Cognoa Funding History
Cognoa has raised a total of $127M across 4 funding rounds.
Cognoa's first fundraising round was a $5M Series A in August 2013. The most recent completed round was a $73M Series B in November 2022.
Cognoa funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Nov 2022 | Series B | - | $73M | - |
| Oct 2019 | Series A | Morningside (lead); Stanford Technology Ventures Program | $45M | Cognoa is a healthcare company founded in 2013, focused on early childhood development and pediatric behavioral health, providing digital diagnostics and therapeutics for pediatric mental-health conditions such as autism spectrum disorder. The company develops technology to diagnose these conditions earlier using AI-driven apps, aiming for FDA submission and validation. Investors include Morningside Ventures (also listed as Morningside Group), which led earlier rounds, and Stanford Technology Ventures Program. Cognoa's funding history per sources totals $20M over 2-3 rounds up to a Series A - II of $11.6M on March 28, 2017, led by Morningside, bringing cumulative funding over $20M at that time. Cognoa remains at Series A - II stage per some trackers, with products targeting improved patient engagement, data collection, and cost reduction in digital therapeutics. Competitors include Hazel, and market opportunities involve rising investments in digital therapeutics amid privacy and reimbursement challenges. |
| Oct 2016 | Series A | Morningside (lead) | $4M | Cognoa develops technology to diagnose pediatric mental-health conditions earlier. The company, founded in 2013, completed multiple funding rounds including one of $3.82 million with financier Morningside Group. Subsequent rounds raised $11.6 million and $42.7 million, concluding in 2019 with total funding of approximately $63 million across four rounds. Investors included Morningside Group and undisclosed participants. |
| Aug 2013 | Series A | Morningside (lead) | $5M | Cognoa was founded in 2013 by Dennis Wall and is based in Palo Alto, California. The company develops AI-powered digital diagnostics and therapeutics for pediatric behavioral health, particularly autism spectrum disorder. The flagship product, Canvas Dx, is a diagnostic tool designed to assist clinicians in identifying autism and other developmental conditions in young children. As of the available data, Cognoa had raised a total of $53.9 million from investors including Morningside Group and Stanford Technology Ventures Program across multiple funding rounds. The company operates in the digital mental health and pediatric diagnostics market, competing with other youth mental health platforms focused on early intervention and assessment technologies. |
Who has invested in Cognoa?
2 investors have backed Cognoa across its funding rounds, including Morningside and Stanford Technology Ventures Program.
Lead investors include Morningside.
Cognoa Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Start Free TrialCognoa Competitors
Cognoa competitors include listed companies like Doximity and Sphere, and private ones like Hippocratic AI, Grow Therapy, Modern Health and Elemy.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $645M | $229M | $4.7B | 6.2x | ||
| Private | - | - | $3.5B | - | ||
| Private | $1B | - | $3B | - | ||
| Private | - | - | $1.2B | - | ||
| Private | - | - | $1.1B | - | ||
| Publicly listed | $70M | $6M | $813M | 6.9x |
Cognoa Public Comps
Cognoa is still privately-owned, but its public comps include Humana Inc., IQVIA, Veeva, IDEXX Laboratories, Roper Technologies, GE HealthCare, ICON plc, Pro Medicus, United Imaging and Glaukos.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $130B | $3B | 0.4x | 0.3x | 17.8x | 16.6x | |||
| $16B | $3.4B | 3.6x | 3.4x | 17.2x | 14.8x | |||
| $3.2B | $965M | 11.1x | 10.2x | 36.9x | 22.4x | |||
| $4.3B | $1.5B | 9.5x | 8.9x | 27.1x | 24.9x | |||
| $7.9B | $3.2B | 6.1x | 5.7x | 15.2x | 14.6x | |||
| $21B | $3.7B | 1.8x | 1.8x | 10.1x | 10.0x | |||
| $8.3B | $816M | 1.9x | 1.9x | 19.2x | 11.3x | |||
| $186M | $147M | 66.6x | 62.7x | 84.4x | 77.6x | |||
This data is available for Pro users. Sign up to see all Cognoa competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Cognoa
| When was Cognoa founded? | Cognoa was founded in 2013. |
| Where is Cognoa headquartered? | Cognoa is headquartered in San Francisco, CA, United States. |
| Is Cognoa publicly listed? | No, Cognoa is a private, VC-backed company. |
| How much funding has Cognoa raised? | Cognoa has raised $127M across 4 funding rounds. |
| What was Cognoa's last funding round? | Cognoa's last funding round was a $73M Series B in November 2022. |
| Who are Cognoa's investors? | Cognoa's investors include Morningside and Stanford Technology Ventures Program. |
| Which companies are comparable to Cognoa? | Companies comparable to Cognoa include Doximity, Hippocratic AI, Grow Therapy, Modern Health, Elemy and Sphere. |
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