Cognition Secures $1 Billion as Demand for AI Coding Agents Surges
Cognition raised more than $1 billion at a $25 billion valuation as demand for autonomous AI coding tools continues to surge.
Cognition
Cognition builds Devin, an AI software engineer for agentic coding and software development automation.
- Founded 2023
- Headquarters San Francisco, California, United States
- CEO Scott Wu
Overview
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Founded
2023
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Headquarters
San Francisco, California, United States
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Industry
AI Developer Tools
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CEO
Scott Wu
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Founders
Scott Wu, Steven Hao, Walden Yan
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Funding
Reported late-stage venture funding
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Valuation
$26.0B
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Employees
N/A
About Cognition
Cognition is an AI software company best known for Devin, an AI software engineer designed to plan and execute coding tasks. The company focuses on agentic software development, coding automation, and tools that help engineering teams delegate complex development work to AI systems.
TrueUp lists Cognition as a generative AI company with the business focus “AI coding assistant (creators of Devin)” and valuation $26.0B in its visible generative AI company ranking.
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Products & Business
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Products & Services
- Devin
- AI software engineer
- coding agents
- software development automation
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Platform & Tools
AI coding agent platform for software engineering tasks, planning, debugging, and code execution.
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Revenue Model
Team and enterprise AI software engineering subscriptions.
Key Information
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Business Type
Private AI developer tools company
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Headquarters
San Francisco, California, United States
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Founded Date
2023
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Company CEO
Scott Wu
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Founders
Scott Wu, Steven Hao, Walden Yan
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Brands
Devin, Cognition
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Categories
News
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Employee Count
N/A
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Funding
Reported late-stage venture funding
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Valuation
$26.0B
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Ownership
Private
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Stock Ticker
N/A
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