# bluCognition

> bluCognition supplies commercial lenders and financial institutions with bank-statement analytics, document fraud detection, alternative business data and SBFE commercial credit information. Its software is complemented by managed underwriting, compliance review and risk consulting services.

- **Founded:** 2018
- **Headquarters:** New Providence, United States
- **Founders:** Sangarsh Nigam (Founder & CEO), Mukesh Chamedia (Co-Founder & Managing Director)
- **Products:** bluSense, FraudLens, bluConnect, bluIntel, Financial statement spreading
- **Notable:** Publicly demonstrated bluSense and FraudLens at FinovateSpring 2023., Reported bootstrapped status, $10 million revenue and 300 employees in its 2023 Finovate profile., Announced an SBFE strategic partnership on February 3, 2025; listed by SBFE as an additional licensee.

## Products & services

- **bluSense** — Converts bank statements into structured data, categorizes transactions and produces cash-flow and financial analysis; the current site also describes Plaid connectivity and APIs. Publicly demonstrated at FinovateSpring 2023.
- **FraudLens** — Screens financial documents for tampering using visual inconsistencies and PDF metadata; provides risk flags for review. Publicly demonstrated at FinovateSpring 2023.
- **bluConnect** — Combines SBFE commercial credit-payment information with bank analytics and alternative data. Partnership announced February 2025; exact product launch date is not established.
- **bluIntel** — Enriches business profiles using public records, web presence, online reviews, social information and industry benchmarks. Current product URL retains the older bludata-plus wording.
- **Financial statement spreading** — Extracts and standardizes financial statements and ratios, including a managed human-in-the-loop service.
- **Managed risk operations** — Commercial underwriting, fraud review, KYC/KYB, sanctions and AML checks, financial spreading and dispute management.
- **Risk and operations consulting** — Credit and fraud strategy, analytics, risk-model development and validation, workflow design and offshoring support.

## Achievements

- Publicly demonstrated bluSense and FraudLens at FinovateSpring 2023.
- Reported bootstrapped status, $10 million revenue and 300 employees in its 2023 Finovate profile.
- Announced an SBFE strategic partnership on February 3, 2025; listed by SBFE as an additional licensee.

## Latest updates

- **2025-02** — SBFE and bluCognition announced their strategic partnership on February 3.
- **2026-09** — A public credit-risk analyst vacancy dated September 18 describes the current combination of commercial data, bank analytics, fraud detection and managed operations.

## Links

- Website: https://www.blucognition.com/
- LinkedIn: https://www.linkedin.com/company/blucognition/

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Profile page: https://yespress.io/blucognition
Published by YesPress — https://yespress.io
Last updated: 2026-10-02