Augment Code vs Cognition

By valuation, Cognition is the larger company at $10.2B versus $977M — a 10.4x difference. Size can also be measured by team: Augment Code employs 75 people while Cognition has 50 employees.

Cognition has raised more in total funding at $696M, compared to Augment Code's $252M — a gap of $444M. Combined, the two companies have completed 4 known funding rounds.

Cognition leads with an Awaira Score of 82/100, while Augment Code sits at 66/100. That 16-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.

Augment Code was founded by Igor Ostrovsky in 2022. Cognition was founded by Scott Wu in 2023. Visit each company's profile on Awaira for a full founder biography.

Augment Code: Augment Code is an AI development tools company founded in 2022 that provides software engineering solutions powered by artificial intelligence. The company operates within the broader AI developer tools ecosystem, offering products designed to enhance developer productivity and code quality. Augment Code has secured $252 million in total funding and maintains a valuation of $1.0 billion, positioning it as a unicorn-status startup in the AI tooling space. The company is currently at Series B stage, indicating significant market traction and investor confidence. Augment Code's core focus centers on using machine learning and AI to assist developers in writing, reviewing, and maintaining code more efficiently. The company competes within a crowded market that includes GitHub Copilot, JetBrains AI Assistant, and other code completion and generation tools. Its technology approach integrates AI models with developer workflows, targeting both individual developers and enterprise teams. The company's trajectory reflects broader investment trends in AI-assisted development tools, where organizations increasingly seek automation solutions to improve engineering efficiency and reduce time-to-market. Augment Code's funding success and valuation suggest strong market demand for its solutions, though specific customer details and revenue figures remain undisclosed. Augment Code achieved unicorn valuation within two years of founding, demonstrating rapid market adoption in the competitive AI developer tools sector. Cognition: 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 offering focuses on AI-powered code generation and development assistance, positioning itself within the broader AI developer tools market that has expanded significantly following the emergence of large language models capable of code synthesis. Cognition's technology employs machine learning to analyze code patterns, suggest implementations, and automate routine development tasks. The company competes alongside established players and newer entrants in the AI coding assistant space, where differentiation hinges on code quality, language support, integration capabilities, and developer experience. Cognition's rapid valuation growth reflects investor confidence in the AI development tools category, which addresses productivity bottlenecks in software engineering. The company has attracted substantial institutional funding from Founders Fund and others, indicating strong market traction and investor appetite for solutions targeting the developer tools segment. Cognition's positioning suggests focus on enterprise and professional developer markets, though specific customer details remain not disclosed. The company's trajectory reflects the broader expansion of AI application across software development workflows. Cognition achieved unicorn status within months of founding, signaling aggressive investor enthusiasm for AI-native developer tools.

Augment Code got there first, launching in 2022 — that's 1 year of extra runway. Cognition didn't arrive until 2023. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.

Augment Code has about 75 employees; Cognition has about 50. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.

Yes — they're direct rivals. Both Augment Code and Cognition compete in AI Dev Tools, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.