SparkCognition has raised a total of $300 million in funding across multiple rounds, including a $123 million Series D on January 25, 2022, led by March Capital, which valued the company at $1.4 billion and earned it unicorn status. Headquartered in Austin, Texas, SparkCognition provides an AI-based predictive analytics platform that uses machine learning to optimise asset operations, predict equipment defects, and detect cybersecurity threats. As of January 2025, the company employs 136 people and serves industries such as manufacturing, defence, aviation, energy, and finance.
Keep reading to explore SparkCognition’s funding journey, key investors, and what’s next for this AI and industrial analytics pioneer.
What Is SparkCognition and What Does It Do?
Founded in 2013, SparkCognition develops AI-driven predictive analytics and cognitive computing solutions that empower organisations to make smarter, data-driven decisions. Its platform uses machine learning models to monitor industrial systems, predict failures, improve efficiency, and mitigate cybersecurity risks.
The company’s AI software is used across manufacturing, defence, aviation, maritime, financial services, and oil & gas sectors, helping clients improve asset uptime, safety, and operational performance.
SparkCognition also offers solutions for malware detection, process optimisation, and business intelligence, integrating AI into mission-critical operations.
How Much Funding Has SparkCognition Raised?
- Series D
- Amount Raised: $123M
- Date: January 25, 2022
- Lead Investors: March Capital
- Motivation: To accelerate product innovation, scale enterprise AI adoption, and expand applications across industrial sectors.
Total Funding Raised: $300M
Latest Funding Date: January 25, 2022
Current Valuation: $1.4B
Key Investors
- March Capital
- Details: Growth equity firm investing in innovative technology and AI-driven platforms; led SparkCognition’s Series D.
- Investment Focus Areas: AI, cybersecurity, industrial software, and enterprise automation.
- Temasek Holdings
- Details: Global investment company headquartered in Singapore, backing growth-stage technology and AI ventures.
- Investment Focus Areas: Advanced analytics, automation, and industrial digitalization.
- Founders Equity Partners
- Details: Private investment firm supporting high-growth technology and AI-native enterprises.
- Investment Focus Areas: Cognitive computing, industrial tech, and cloud analytics.
Where Is SparkCognition’s Headquarters?
SparkCognition is headquartered in Austin, Texas, United States, a major technology hub known for AI innovation and enterprise software development. The location provides access to leading AI research institutions, industrial partners, and a thriving tech talent ecosystem.
What’s Next for SparkCognition?
Following its $1.4 billion valuation, SparkCognition aims to expand its AI-based industrial analytics solutions, strengthen its global market presence, and develop advanced AI models for predictive maintenance, cybersecurity, and autonomous operations. Future initiatives include deeper integration with IoT and edge computing systems, positioning SparkCognition as a leader in the AI-native industrial transformation space.
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