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Cognition

๐Ÿ”ฅ HOT

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

Updated Mar 23, 2026

Out of 100

๐Ÿ‡บ๐Ÿ‡ธ

HQ

United States

๐Ÿ—“

Founded

2023

๐Ÿ’ฐ

Raised

$696M

๐Ÿท๏ธ

Stage

Series C

๐Ÿ‘ฅ

Team

50

$10.2B

Post-money

$696M

All rounds

82/100

2023

50 employees

๐Ÿ’ตEst. Annual Revenue
$500Mโ€“$5B estimated ARR

Awaira estimate based on public data. Not financial advice.

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 primaryโ€ฆ

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Strengths

โœ“

Unicorn status with $10.2B valuation

โœ“

Elite Awaira Score of 82/100

โœ“

Late-stage with proven business model

Considerations

!

Very early stage โ€” limited track record

Analysis based on publicly available data. Not investment advice.

Cognition is a mega-cap AI company in the AI Dev Tools sector. Founded in 2023, the company is currently at the Series C stage with a team of approximately 50 employees. With $696M in total disclosed funding, Cognition has demonstrated the ability to attract institutional capital. The company competes with 3 other tracked AI Dev Tools companies on Awaira, including Vercel and Postman AI.

Awaira Score

82/100

Valuation

$10.2B

Total Funding

$696M

Founded

2023

Employees

50

Stage

Series C

2

Total Rounds

N/A

Avg Round Size

0.1yr

Funding Span

Cognition holds unicorn status in the AI Dev Tools space, placing it among the highest-valued private AI companies globally.

Among 3 tracked competitors, Cognition ranks #2 by valuation โ€” a metric investors and analysts use to gauge market standing.

Tracking Cognition on Awaira provides real-time updates on funding rounds, investor activity, and competitive moves in the AI Dev Tools market.

Metricโ˜…CognitionVercelPostman 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
Country๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ
S

Scott Wu

Founder & CEO

View founder profile โ†’
StageSeries C
Employees50
Country๐Ÿ‡บ๐Ÿ‡ธ United States
Connect
Inactive
2 rounds
SeedLatest

Undisclosed

Jan 2023

Series A

Undisclosed

Jan 2023

Frequently Asked Questions

What is Cognition's valuation?โ–พ
As of its latest round, Cognition carries a valuation of $10.2B.
Who invested in Cognition?โ–พ
Investor details haven't been made public yet. Check back for updates as new funding rounds are announced.
When did Cognition last raise funding?โ–พ
A Seed represents the most recent capital raise in January 2023.
How many employees does Cognition have?โ–พ
Around 50 people work there, with headquarters in United States.
What does Cognition do?โ–พ
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?โ–พ
Scott Wu established the company in 2023. It's based in United States. Scott Wu serves as Founder & CEO.
Is Cognition profitable?โ–พ
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?โ–พ
Based in United States ๐Ÿ‡บ๐Ÿ‡ธ, the company runs its operations in the AI Dev Tools space and was established in 2023.