INSUBCONTINENT EXCLUSIVE:
AI startup Cohere has acquired Ottogrid, a Vancouver-based platform that develops enterprise tools for automating certain kinds of
high-level market research.Sully Omar, one of the founders of Ottogrid, announced the deal Friday in a post on X
year by 85%.The company told Reuters on Thursday that its annualized revenue recently reached $100 million, following a strategic shift with
a focus on private AI deployments for customers in sectors like healthcare, government, and finance.Ottogrid launched in 2023 as Cognosys,
led by Omar and Homam Malkawi
It rebranded in October 2024 with a major platform redesign that introduced a number of new integrations, tools, and APIs.Today, Ottogrid
Customers can use it to extract data from a website and save it directly to a spreadsheet, for example, or automatically enrich sales lead
Ottogrid managed to raise $2 million in venture capital from investors, including GV (Google Ventures), Untapped Capital, Replit CEO Amjad
Masad, Vercel CEO Guillermo Rauch, Cohere co-founders Ivan Zhang and Aidan Gomez, and others prior to its exit, according to Crunchbase.As
assist knowledge workers with tasks such as summarizing documents.Updated 2:03 p.m
