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SparkCognition

sparkcognition.com

Founded Year

2013

Stage

Series D | Alive

Total Raised

$290.88M

Valuation

$0000 

Last Raised

$123M | 1 yr ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+20 points in the past 30 days

About SparkCognition

SparkCognition builds AI solutions for applications in energy, oil and gas, manufacturing, finance, aerospace, defense, and security. SparkCognition's products include Darwin for automated model building, DeepArmor for AI-built cybersecurity, SparkPredict, an analytics solution, and DeepLNP, a natural language processing solution.

Headquarters Location

12708 Riata Vista Cir Suite B — 100

Austin, Texas, 78727,

United States

844-205-7173

SparkCognition's Product Videos

ESPs containing SparkCognition

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Energy Tech

Oilfield asset management refers to the process of monitoring, maintaining, and optimizing the physical assets used in the exploration, production, and transportation of oil and gas. This includes equipment, machinery, and infrastructure such as pipelines and storage facilities. The goal is to maximize efficiency, minimize downtime, and ensure safety and regulatory compliance.

SparkCognition named as Leader among 15 other companies, including Uptake, Seeq, and LiveEO.

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Expert Collections containing SparkCognition

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

SparkCognition is included in 10 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,215 items

A

AI 100

399 items

O

Oil & Gas Tech

949 items

This collection includes companies from upstream, midstream, and downstream sectors of the Oil & Gas industry, as well as companies focused on sustainable fuels. Sectors are tagged by general focus of the company (even if the tech works across sectors).

A

Artificial Intelligence

10,627 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

T

Tech IPO Pipeline

282 items

Track and capture company information and workflow.

C

Cybersecurity

4,939 items

SparkCognition Patents

SparkCognition has filed 110 patents.

The 3 most popular patent topics include:

  • Machine learning
  • Artificial neural networks
  • Classification algorithms
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/6/2020

3/21/2023

Artificial neural networks, Machine learning, Classification algorithms, Artificial intelligence, Computational neuroscience

Grant

Application Date

3/6/2020

Grant Date

3/21/2023

Title

Related Topics

Artificial neural networks, Machine learning, Classification algorithms, Artificial intelligence, Computational neuroscience

Status

Grant

Latest SparkCognition News

SparkCognition and Shell Announce a Technology Collaboration Aimed at Accelerating the Pace of Exploration Through the Use of Generative AI

May 19, 2023

Share SparkCognition , a global leader in artificial intelligence (AI) software solutions perfected for business, announced a technology collaboration with Shell to accelerate the pace of imaging and exploration of subsurface structures using generative AI technology. By using advanced AI algorithms to process large amounts of data and automate the analysis, we aim to improve the efficiency and speed of exploration workflows, leading to increased production and higher success rates. The traditional approach to subsurface imaging and data analysis is time-intensive and costly, relying on terabytes of data, high-performance computing, and complex physics-based algorithms to analyze and identify exploration opportunities. The proprietary generative AI approach being developed by Shell and SparkCognition uses deep learning to generate reliable subsurface images using far fewer seismic shots—as little as 1% in completed field trials—than traditionally necessary while preserving subsurface image quality. This offers substantial workflow acceleration and HPC cost-saving opportunities, opening the door to novel applications and further innovation. This technology collaboration is part of Shell’s broader digital transformation strategy, which seeks to leverage cutting-edge technologies to improve safety, efficiency, and sustainability across Shell operations. “We are committed to finding new and innovative ways to reinvent our exploration ways of working,” said Gabriel Guerra, Vice President of Innovation & Performance at Shell. “Partnering with SparkCognition and leveraging their expertise in generative AI is opening an exciting opportunity to deliver a new wave of innovations at Shell.” “Innovation is crucial in the quest for a net-zero future, and the oil and gas industry will play a vital role in this effort. Breakthroughs, like the use of AI for exploration, are instrumental to meeting the growing energy demands today as we work to reduce our carbon footprint tomorrow,””I applaud Shell and SparkCognition on achieving this key milestone as oil and gas will be a critical part of our energy mix for decades to come, and finding the most efficient and sustainable way possible to identify new reserves is essential.” Related Posts PR Newswire, a Cision company, is the premier global provider of multimedia platforms and distribution that marketers, corporate communicators, sustainability officers, public affairs and investor relations officers leverage to engage key audiences. Having pioneered the commercial news distribution industry over 60 years ago, PR Newswire today provides end-to-end solutions to produce, optimize and target content -- and then distribute and measure results. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and Asia-Pacific regions. Prev Post

SparkCognition Frequently Asked Questions (FAQ)

  • When was SparkCognition founded?

    SparkCognition was founded in 2013.

  • Where is SparkCognition's headquarters?

    SparkCognition's headquarters is located at 12708 Riata Vista Cir, Austin.

  • What is SparkCognition's latest funding round?

    SparkCognition's latest funding round is Series D.

  • How much did SparkCognition raise?

    SparkCognition raised a total of $290.88M.

  • Who are the investors of SparkCognition?

    Investors of SparkCognition include Temasek, March Capital, Peter Loscher, B. Riley Venture Capital, AEI HorizonX and 31 more.

  • Who are SparkCognition's competitors?

    Competitors of SparkCognition include Mosaic, DataRobot, SwitchOn, UptimeAI, Beyond Limits, RapidMiner, Overbond, Quartic.ai, OnePredict, Cognite and 21 more.

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