A Newcastle tech firm that creates neuro-inclusive products to help individuals with hidden learning needs has secured £4m equity investment to grow.
Cognassist has won the backing of private equity firm Gresham House Ventures and now plans to grow its share of the the education market and break into the enterprise market, where it says demand for neuro-inclusive solutions for employees is rapidly growing. Founded in 2019 by entrepreneur Chris Quickfall, Cognassist provides software that uses a cognitive dataset help identify and then support people with otherwise hidden learning needs.
As part of the deal, Gresham House Ventures has helped Cognassist appoint Nerissa Naidu to the firm's board. She brings senior experience from previous roles at global consulting firm Accenture and AIG and will advise the North East company on its environmental, social and governance strategy, as well as its technology and revenue generation strategies.
