Cognisium pty ltd

Overview
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Australia-based Cognisium is a global tech company that offers a freelancer marketplace with access to management consultants (strategy, operations, project management, finance, marketing, etc) and IT professionals (vertical launched in April 2023, including full stack development, DevOps, cybersecurity, UI/UX development, and others). Freelancers on the platform are required to have over 10 years of experience, with Cognisium catering to corporates in need of filling senior roles, accessible for local and remote work. 

Cognisium has utilized a large language model (LLM) to create a freelancer finder, called Cognix-AI. It analyzes CVs against natural language queries and metadata, with the company claiming that its AI-based matching algorithm will source the most suitable experts for a company’s project in less than 48 hours. In March 2022, the company added a “Private Listing” mode, enabling clients to list their project vacancies on the platform while maintaining anonymity.

Cognisium's platform is free for freelancers (experts). The company charges clients a fee for each engagement: 20% for business consulting and 25% for interim management. If a client hires an expert full-time, Cognisium charges a one-time fee of 25% of the expert's starting salary.

Key customers and partnerships

In May 2024, Cognisium joined the Valtus Alliance, an international network of leading executive interim management companies.

HQ location:
Sydney AUS
Founded year:
2020
Employees:
11-50
IPO status:
Private
Total funding:
USD 2.3 mn
Last Funding:
USD 2.3 mn (Seed; Jul 2021)
Last valuation:
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