Robots Atlas>ROBOTS ATLAS

Cognite

ACTIVE
Platform companyAI infrastructure company
Cognite ASCognite Data

Norwegian company (founded 2016, spun out of the Aker group) building the Cognite Data Fusion industrial DataOps platform and AI solutions for energy and heavy industry.

Founded2016Norway
HQOsloNorway
Total funding$150000B1 · 2021
Valuation$3.1B🦄Schneider Electric acquisition value (pending) · 2026
01 · About

Cognite

Founded 2016 · Oslo, Norway

Cognite AS is a Norwegian technology company founded in 2016, originating from the Aker ASA industrial group, which remains its majority owner. The company builds Industrial DataOps software — its flagship product is Cognite Data Fusion, a platform that unifies and contextualizes heavy-industry operational data as a foundation for AI. The portfolio also includes Cognite Atlas AI (a low-code industrial AI agent workbench) and Cognite Flows (an AI-native workflow tool). Its co-founders are John Markus Lervik (first CEO, now Chief Development & Strategy Officer) and Geir Engdahl (CTO, AI). Since April 2022 the company has been led by CEO Girish Rishi (formerly CEO of Blue Yonder). Cognite operates globally: its original and legal headquarters are in Oslo, while its Americas corporate headquarters are in Tempe (Phoenix), Arizona; offices also include Austin, Houston, Tokyo and Bengaluru. Cognite's solutions are used in energy (oil & gas, power & grid, renewables) and in process and discrete manufacturing by customers such as Aker BP, Saudi Aramco, TotalEnergies, Statnett and Mitsubishi Heavy Industries. In 2021 the company raised $150M in a Series B led by TCV at a $1.6B valuation. On 30 June 2026 Schneider Electric announced an agreement to acquire Cognite for $3.1B; the deal is pending close, with Cognite to be integrated into AVEVA.

  • John Markus Lervik

    Founder; first CEO (until 2022), now Chief Development & Strategy Officer

    Co-created Cognite and served as its first CEO; moved to the role of Chief Development & Strategy Officer after 2022.

  • Geir Engdahl

    Co-Founder, Chief Technology Officer, AI

    Co-founder of Cognite, serving as Chief Technology Officer for AI.

02 · What they do

Domain of activity

5 areas · 4 technologies · 2 industries
What they do5Areas
  • Data analytics
  • AI infrastructure
  • AI platforms
  • Agent systems
  • Process automation
How they do it4Technologies
  • Generative AI
  • Agentic AI
  • LLM
  • RAG
Who for2Industries
  • Energy
  • Industrial manufacturing
03 · Geography

Global presence

HQ Oslo · 5 offices · 4 regions
GlobalEuropeNorth AmericaAsia
04 · Metrics

Scale & funding

founded 2016 · Series B
2016founded
800+ (2026)employees
$150Mtotal funding
Series Blatest round
maturedevelopment stage
Privatenot listed
activestatus
$150M
total funding
1 · 2021
Series BMay 2021TCV (Technology Crossover Ventures)Round led by TCV at a $1.6B valuation; TCV took an approximately 9.4% stake.
$150M
06 · Relations

Organizational relations

5 strategic relations

Strategic relations

5
  • Parent company
    Aker ASAAker ASA — founder and majority owner of Cognite (about 50.5% of shares after the 2021 round).
    2016 →
  • Funded by
    TCV led the Series B round ($150M, 2021), taking about a 9.4% stake.
    2021 →
  • Funded by
    Accel — an early investor in Cognite, holding about 12.4% of shares (as of 2021).
  • Funded by
    Aramco Overseas (a Saudi Aramco subsidiary) acquired about a 7.4% stake by buying out Aker BP's shares (February 2022).
    2022 →
  • Acquired by
    On 30 June 2026 Schneider Electric announced an agreement to acquire Cognite for $3.1B (all-cash). The deal is subject to regulatory approvals; Cognite is to be integrated into AVEVA within the Industrial Automation business.
    2026 →
07 · Classification

Profile & metadata

4 classification · 8 external links

Classification

  • Statusactive
  • Development stagemature
  • Listed onNoprivate
  • Organization typePlatform company+ AI infrastructure company