Cogito

Cogito

Real-time guidance for customer service agents

About

Cogito enhances customer service interactions through real-time conversational guidance and analytics. Its main product is an application that provides live support to customer service agents, helping them improve their communication skills and better understand customer emotions during calls. This technology measures customer experience in real-time, allowing agents to adjust their approach on the fly. Unlike many competitors, Cogito combines artificial intelligence with behavioral science to create a more empathetic service experience, particularly in industries like healthcare and telecommunications where effective communication is vital. The company's goal is to improve agent performance and customer satisfaction, ultimately leading to better business outcomes for its clients.

Company Stage

N/A

Employees

51-200

Industries

Enterprise Software, AI & Machine Learning

Total Funding

$126.4M

Headquarters

Boston, Massachusetts

Founded

2007


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Simplify's Take

What believers are saying

  • Securing new funding and partnerships, such as with Medallia, positions Cogito for accelerated innovation and market expansion.
  • The long-standing relationship with a Fortune 25 telecom provider demonstrates Cogito's ability to deliver significant ROI and operational improvements.
  • The launch of the Employee Experience (EX) Score highlights Cogito's commitment to enhancing both customer and employee satisfaction.

What critics are saying

  • The recent layoff of 177 employees could indicate financial instability or strategic misalignment, potentially affecting employee morale and company culture.
  • The competitive landscape in AI-driven customer service solutions is intensifying, which may pressure Cogito to continuously innovate to maintain its market position.

What makes Cogito unique

  • Cogito uniquely combines AI and behavioral science to provide real-time conversational guidance, setting it apart from competitors who focus solely on analytics or automation.
  • Their SaaS model ensures continuous updates and improvements, offering clients a dynamic and evolving tool for customer service enhancement.
  • Cogito's integration with CRM systems and focus on real-time emotional and conversational analytics provide a comprehensive solution for improving customer and employee experiences.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

-14%

2 year growth

-25%

Benefits

Medical, dental and vision coverage effective on date of hire

Life and AD&D insurance

Short and Long term disability

Voluntary supplemental life insurance

Flexible Spending Accounts (FSA) for Healthcare

Dependent care and Commuter

401(k) retirement plan

Stock options via equity grants

Compensation Bonus

Employee Referral Bonus Program

20 vacation days

5 sick days

11 company holidays

2 floating holidays

2 'Mental Health' personal days

Company paid parental leave

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