Skip to main content
Cognition logo

Cognition

🔥 HOT
Updated Mar 23, 2026

A deep look at Cognition's finances, team, and market position in the AI Dev Tools space.

🇺🇸United StatesSeries CAI Dev Tools

Out of 100

🇺🇸

HQ

United States

🗓

Founded

2023

💰

Raised

$696M

🏷️

Stage

Series C

👥

Team

50

Cognition is an AI development tools company founded in 2023 and headquartered in the USA, best known for creating Devin, billed as the first AI software engineer capable of autonomously planning, coding, debugging, and deploying software projects. Cognition develops software tools designed to assist software developers in coding tasks through artificial intelligence. The company's primary

Is this your company? Claim it →

Key Facts

  • Cognition is valued at $10.2B as of March 2026.
  • Cognition has raised a total of $696M in disclosed funding across 2 funding rounds.
  • Cognition was founded in 2023 by Scott Wu and is headquartered in United States.
  • Cognition employs approximately 50 people.
  • Cognition operates in the AI Dev Tools category and is currently at the Series C stage.
  • Cognition has an Awaira Score of 82/100, ranking it among the highly notable AI companies on Awaira.
  • Cognition's most recent funding round was a Seed closed in January 2023.

Source: Awaira · Updated Mar 23, 2026

$10.2B

Post-money

$696M

All rounds

82/100

2023

50 employees

Strengths

Unicorn status with $10.2B valuation

Elite Awaira Score of 82/100

Late-stage with proven business model

Considerations

!

Very early stage — limited track record

Analysis based on publicly available data. Not investment advice.

2

Total Rounds

N/A

Avg Round Size

0.1yr

Funding Span

⚠️ ESTIMATE
💵Est. Annual Revenue
$500M–$5B estimated ARR

Awaira estimate based on public data. Not financial advice.

How does Cognition stack up against competitors?

MetricCognitionVercelPostman AICursor
Awaira Score82/10091/10090/10087/100
Total Raised$696M$863M$433M$3.4B
Valuation$10.2B$9.3B$5.6B$29.3B
StageSeries CSeries FSeries DSeries D
Founded2023201520142022
Employees507501000+50
Country🇺🇸🇺🇸🇺🇸🇺🇸
S

Scott Wu

Founder & CEO

View founder profile →
StageSeries C
Employees50
Country🇺🇸 United States
Connect
Inactive
2 rounds
SeedLatest

Undisclosed

Jan 2023

Series A

Undisclosed

Jan 2023

Frequently Asked Questions

What is Cognition's valuation?
As of its latest round, Cognition carries a valuation of $10.2B.
Who invested in Cognition?
Investor details haven't been made public yet. Check back for updates as new funding rounds are announced.
When did Cognition last raise funding?
A Seed represents the most recent capital raise in January 2023.
How many employees does Cognition have?
Around 50 people work there, with headquarters in United States.
What does Cognition do?
Cognition is an AI development tools company founded in 2023 and headquartered in the USA, best known for creating Devin, billed as the first AI software engineer capable of autonomously planning, coding, debugging, and deploying software projects. Cognition develops software tools designed to assist software developers in coding tasks through artificial intelligence.
Who founded Cognition?
Scott Wu established the company in 2023. It's based in United States. Scott Wu serves as Founder & CEO.
Is Cognition profitable?
There's no public reporting on profitability. With raised $696M in total funding, the company remains at the Series C stage.
Where is Cognition headquartered?
Based in United States 🇺🇸, the company runs its operations in the AI Dev Tools space and was established in 2023.
⚔️

Compare Cognition

See how Cognition stacks up against competitors in valuation, funding, team size, and Awaira Score.

Browse all comparisons →