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From self-driving cars to AI that writes enterprise software: Cogna founder raises $15M

A founder who was an early mover in the race to build autonomous vehicles has raised $15 million for his next act: a startup that claims its AI can write

It comes on the heels of Cogna, founded in May 2023, raising a seed round of $4.75 million earlier this year from a number of investors, including Peters’ FiveAI co-founder Stan Boland and Herman Hauser, the founder of Acorn Software. ERP is a dry but very necessary software component in the running of organizations, covering everything from procurement and supply chain and inventory management through to risk assessments, finance and human resources. That is important because a number of foundational AI companies, like OpenAI, have made it clear that they, too, have ambitions to tap into the enterprise market, a highly lucrative area that will help them generate the vast revenues that investors expect.

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