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Cogent Labs vs Scatter Lab

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Cogent Labs has raised $50M — double what Scatter Lab has pulled in.

Head-to-Head Verdict

Cogent Labs leads on 3 of 4 metrics

Cogent Labs

3 wins

+Funding
+Awaira Score
+Team Size
-Experience

Scatter Lab

1 win

-Funding
-Awaira Score
-Team Size
+Experience

Key Numbers

Valuation
N/A
N/A
Total Funding
$50M
$15M
Awaira Score
55/100
38/100
Employees
100-500
1-50
Founded
2016
2014
Stage
Series C
Series B
Cogent LabsScatter Lab
Winner
Cogent Labs logo
Cogent Labs

🇯🇵 Japan · Andrew Hall

Series CNLPEst. 2016

Valuation

N/A

Total Funding

$50M

Awaira Score55/100

100-500 employees

Full Cogent Labs Profile →
Scatter Lab logo
Scatter Lab

🇰🇷 South Korea · Kim Jong-yoon

Series BNLPEst. 2014

Valuation

N/A

Total Funding

$15M

Awaira Score38/100

1-50 employees

Full Scatter Lab Profile →
Market Context

Both companies compete in the NLP space, though from different geographies — Cogent Labs in Japan and Scatter Lab in South Korea. Different stages (Series C vs Series B) mean these companies face fundamentally different operational priorities.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

In the NLP market, Cogent Labs and Scatter Lab represent two distinct approaches. Cogent Labs develops AI document processing and text analysis software with specialised capabilities in Japanese character recognition, handwritten text, and structured document data extraction, targeting the Japanese financial services, insurance, and government sectors where large volumes of handwritten and mixed-format documents require processing with high accuracy in Japanese scripts including kanji, hiragana, and katakana. Scatter Lab develops emotional AI and conversational applications in Korean, most notably Luda, a social chatbot designed for conversational companionship that engages users in casual, emotionally warm dialogue.

Funding & Valuation

Neither company has publicly disclosed a valuation. Cogent Labs has amassed $50M in total funding, far exceeding Scatter Lab's $15M.

Growth Stage

Established in 2014, Scatter Lab has a modest 2-year head start over Cogent Labs (2016). Stage-wise, Cogent Labs is classified as Series C and Scatter Lab as Series B, reflecting divergent fundraising histories. Team sizes also differ: Cogent Labs employs 100-500 people versus Scatter Lab's 1-50.

Geography & Outlook

Cogent Labs operates out of 🇯🇵 Japan while Scatter Lab is based in 🇰🇷 South Korea, giving each a distinct home-market advantage. Cogent Labs scores 55 on Awaira's composite index versus Scatter Lab's 38, a wide margin reflecting substantially stronger fundamentals. Under Andrew Hall and Kim Jong-yoon respectively, both companies continue to chart aggressive growth paths.

Funding Velocity

Cogent Labs

Total Rounds4
Avg. Round Size$12.5M
Funding Span4 yrs

Scatter Lab

Total Rounds3
Avg. Round Size$5M
Funding Span2.7 yrs

Funding History

Cogent Labs has completed 4 funding rounds, while Scatter Lab has gone through 3. Cogent Labs's most recent round was a Series C of $27.5M, compared to Scatter Lab's Series B ($10.5M). Cogent Labs is at Series C while Scatter Lab is at Series B — different points in their growth trajectory.

Team & Scale

Cogent Labs is significantly larger with about 100-500 employees, compared to Scatter Lab's 1-50. That's a 100x difference in headcount. They're close in age — Cogent Labs started in 2016 and Scatter Lab in 2014. Geographically, they're in different markets — Cogent Labs operates out of Japan and Scatter Lab from South Korea.

Metrics Comparison

MetricCogent LabsScatter Lab
💰Valuation
N/A
N/A
📈Total Funding
$50MWINS
$15M
📅Founded
2016WINS
2014
🚀Stage
Series C
Series B
👥Employees
100-500
1-50
🌍Country
Japan
South Korea
🏷️Category
NLP
NLP
Awaira Score
55WINS
38

Key Differences

📈

Funding gap: Cogent Labs has raised $35M more ($50M vs $15M)

📅

Market experience: Scatter Lab has 2 years more (founded 2014 vs 2016)

🚀

Growth stage: Cogent Labs is at Series C vs Scatter Lab at Series B

👥

Team size: Cogent Labs has 100-500 employees vs Scatter Lab's 1-50

🌍

Market base: 🇯🇵 Cogent Labs (Japan) vs 🇰🇷 Scatter Lab (South Korea)

⚔️

Direct competitors: Both operate in the NLP market segment

Awaira Score: Cogent Labs scores 55/100 vs Scatter Lab's 38/100

Which Should You Choose?

Use these signals to make the right call

Cogent Labs logo

Choose Cogent Labs if…

Top Pick
  • Higher Awaira Score — 55/100 vs 38/100
  • Stronger investor backing — raised $50M
  • Japan-based for regional compliance or proximity
  • Cogent Labs develops AI document processing and text analysis software with specialised capabilities in Japanese character recognition, handwritten text, and structured document data extraction, targeting the Japanese financial services, insurance, and government sectors where large volumes of handwritten and mixed-format documents require processing with high accuracy in Japanese scripts including kanji, hiragana, and katakana
Scatter Lab logo

Choose Scatter Lab if…

  • More market experience — founded in 2014
  • South Korea-based for regional compliance or proximity
  • Scatter Lab develops emotional AI and conversational applications in Korean, most notably Luda, a social chatbot designed for conversational companionship that engages users in casual, emotionally warm dialogue

Funding History

Cogent Labs raised $50M across 4 rounds. Scatter Lab raised $15M across 3 rounds.

Cogent Labs

Series C

Jun 2020

$27.5M

Series B

Feb 2019

$14M

Series A

Oct 2017

$6M

Seed

Jun 2016

$2.5M

Scatter Lab

Series B

Feb 2017

$10.5M

Series A

Oct 2015

$3.3M

Seed

Jun 2014

$1.2M

Users Also Compare

FAQ — Cogent Labs vs Scatter Lab

Is Cogent Labs bigger than Scatter Lab?
Neither company has publicly disclosed a valuation, making a definitive size comparison difficult. Cogent Labs employs 100-500 people, while Scatter Lab has 1-50 employees.
Which company raised more funding — Cogent Labs or Scatter Lab?
Cogent Labs has raised more in total funding at $50M, compared to Scatter Lab's $15M — a gap of $35M. Combined, the two companies have completed 7 known funding rounds.
Which company has a higher Awaira Score?
Cogent Labs leads with an Awaira Score of 55/100, while Scatter Lab sits at 38/100. That 17-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Cogent Labs vs Scatter Lab?
Cogent Labs was founded by Andrew Hall in 2016. Scatter Lab was founded by Kim Jong-yoon in 2014. Visit each company's profile on Awaira for a full founder biography.
What does Cogent Labs do vs Scatter Lab?
Cogent Labs: Cogent Labs develops AI document processing and text analysis software with specialised capabilities in Japanese character recognition, handwritten text, and structured document data extraction, targeting the Japanese financial services, insurance, and government sectors where large volumes of handwritten and mixed-format documents require processing with high accuracy in Japanese scripts including kanji, hiragana, and katakana. The Tokyo company applies deep learning models trained on large Japanese document datasets to achieve recognition accuracy on complex Japanese text that general OCR systems cannot match.\n\nThe company raised approximately $50 million in venture funding from investors including WiL and Goldman Sachs. Cogent Labs Tegaki handwriting recognition product has been deployed by major Japanese insurance companies, financial institutions, and public sector organisations to automate document digitisation workflows that previously required large manual data entry teams. The Japanese market for document AI is substantial given the volume of paper-based documents in government and financial services operations and the complexity of Japanese script that makes off-the-shelf OCR insufficient.\n\nCogent Labs competes in the Japanese document AI market against OBIC, NTT Data, and international intelligent document processing vendors including ABBYY and Kofax. Its Japanese-specific technical capabilities create a natural market advantage that English-first vendors struggle to match through localisation alone, as accurate Japanese handwriting recognition requires specialised model training that cannot be derived from models built primarily on Latin character datasets. The company has expanded internationally to address Korean and other East Asian scripts with similar character recognition complexity. Scatter Lab: Scatter Lab develops emotional AI and conversational applications in Korean, most notably Luda, a social chatbot designed for conversational companionship that engages users in casual, emotionally warm dialogue. The Seoul company applies social dialogue modelling to create AI characters that Korean users interact with for emotional support and social connection, a use case that has attracted significant user adoption particularly among younger Koreans.\n\nThe company raised approximately $15 million in venture funding from Korean investors including Kakao Ventures and DSC Investment. Scatter Lab has experienced regulatory and public controversy following the launch of its original Luda chatbot in 2021, which was suspended after concerns about data privacy practices and the chatbot production of offensive content, prominent to a significant redesign and relaunch with improved safety controls. The company has continued to develop its emotional AI technology while navigating the governance challenges of deploying social chatbots at consumer scale.\n\nScatter Lab operates in the social AI and AI companionship market alongside Character.ai, Replika, and Nomi.ai, serving a use case where emotional resonance and conversational naturalness are the primary product quality metrics rather than factual accuracy or task completion. The Korean market context, including social pressures and loneliness among young adults, creates specific demand for AI companionship products that is driving user growth despite regulatory attention. The company challenges with its first Luda release have informed approaches to responsible deployment that the broader AI companionship market is still developing.
Which company was founded first?
Scatter Lab got there first, launching in 2014 — that's 2 years of extra runway. Cogent Labs didn't arrive until 2016. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Cogent Labs has about 100-500 employees; Scatter Lab has about 1-50. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Cogent Labs and Scatter Lab competitors?
Yes — they're direct rivals. Both Cogent Labs and Scatter Lab compete in NLP, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Cogent Labs has a clear lead here — Awaira Score of 55 vs Scatter Lab's 38. The difference comes down to funding depth and team scale.

Who Should You Watch?

Cogent Labs has the edge right now — higher Awaira Score and more capital to work with. That said, Scatter Lab could close the gap with the right round or product launch. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive