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Sourcegraph vs Cognition

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

Comparison updated: April 2026

Cognition is valued at $10.2B — more than 3x Sourcegraph's $2.6B.

Head-to-Head Verdict

Cognition leads on 3 of 5 metrics

Sourcegraph

2 wins

-Valuation
-Funding
-Awaira Score
+Team Size
+Experience

Cognition

3 wins

+Valuation
+Funding
+Awaira Score
-Team Size
-Experience

Key Numbers

Valuation
$2.6B
$10.2B
Total Funding
$245M
$696M
Awaira Score
68/100
82/100
Employees
150
50
Founded
2013
2023
Stage
Series D
Series C
SourcegraphCognition
Sourcegraph logo
Sourcegraph

🇺🇸 United States · Quinn Slack

Series DAI Dev ToolsEst. 2013

Valuation

$2.6B

Total Funding

$245M

Awaira Score68/100

150 employees

Full Sourcegraph Profile →
Winner
Cognition logo
Cognition

🇺🇸 United States · Scott Wu

Series CAI Dev ToolsEst. 2023

Valuation

$10.2B

Total Funding

$696M

Awaira Score82/100

50 employees

Full Cognition Profile →
Market Context

This is a head-to-head contest: both operate in AI Dev Tools and share a home market in United States. Different stages (Series D vs Series C) mean these companies face fundamentally different operational priorities.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

Within AI Dev Tools, Sourcegraph and Cognition rank among the most closely watched rivals. Sourcegraph is a code intelligence platform founded in 2013 that provides developers and enterprises with tools to search, understand, and navigate codebases at scale. 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.

Funding & Valuation

Market pricing favors Cognition at $10.2B, a 3.9x premium over Sourcegraph's $2.6B mark. Sourcegraph has raised $245M while Cognition has raised $696M, keeping their war chests in the same ballpark.

Growth Stage

With a 10-year head start, Sourcegraph (founded 2013) has had considerably more time to mature than Cognition (2023). Sourcegraph is at Series D while Cognition stands at Series C, indicating different levels of maturity and investor risk. Headcount tells a story too: Sourcegraph has 150 employees and Cognition has 50.

Geography & Outlook

Headquartered in 🇺🇸 United States, both Sourcegraph and Cognition draw from the same local ecosystem of talent and capital. Awaira rates Cognition at 82 and Sourcegraph at 68, a gap that reflects differences in capital efficiency and market traction. Under Quinn Slack and Scott Wu respectively, both companies continue to chart aggressive growth paths.

Funding Velocity

Sourcegraph

Total Rounds4
Avg. Round Size$51.4M
Funding Span5.7 yrs

Cognition

Total Rounds2
Avg. Round SizeN/A
Funding Span0 yrs

Funding History

Sourcegraph has completed 4 funding rounds, while Cognition has gone through 2. Sourcegraph's most recent round was a Series D of $125M, compared to Cognition's Seed. Sourcegraph is at Series D while Cognition is at Series C — different points in their growth trajectory.

Team & Scale

Sourcegraph is significantly larger with about 150 employees, compared to Cognition's 50. That's a 3x difference in headcount. Sourcegraph has a 10-year head start, founded in 2013 vs Cognition's 2023. Both are based in United States.

Metrics Comparison

MetricSourcegraphCognition
💰Valuation
$2.6B
$10.2BWINS
📈Total Funding
$245M
$696MWINS
📅Founded
2013
2023WINS
🚀Stage
Series D
Series C
👥Employees
150
50
🌍Country
United States
United States
🏷️Category
AI Dev Tools
AI Dev Tools
Awaira Score
68
82WINS

Key Differences

💰

Valuation gap: Cognition is valued 3.9x higher ($10.2B vs $2.6B)

📈

Funding gap: Cognition has raised $451M more ($696M vs $245M)

📅

Market experience: Sourcegraph has 10 years more (founded 2013 vs 2023)

🚀

Growth stage: Sourcegraph is at Series D vs Cognition at Series C

👥

Team size: Sourcegraph has 150 employees vs Cognition's 50

⚔️

Direct competitors: Both operate in the AI Dev Tools market segment

Awaira Score: Cognition scores 82/100 vs Sourcegraph's 68/100

Which Should You Choose?

Use these signals to make the right call

Sourcegraph logo

Choose Sourcegraph if…

  • More market experience — founded in 2013
  • Sourcegraph is a code intelligence platform founded in 2013 that provides developers and enterprises with tools to search, understand, and navigate codebases at scale
Cognition logo

Choose Cognition if…

Top Pick
  • Higher Awaira Score — 82/100 vs 68/100
  • More established by valuation ($10.2B)
  • Stronger investor backing — raised $696M
  • 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

Funding History

Sourcegraph raised $245M across 4 rounds. Cognition raised $696M across 2 rounds.

Sourcegraph

Series D

Sep 2021

Lead: Accel

$125M

Series C

Jul 2020

Lead: Craft Ventures

$50M

Series B

Aug 2018

Lead: Sequoia Capital

$20M

Series A

Jan 2016

Lead: Redpoint Ventures

$10.5M

Cognition

Seed

Jan 2023

Series A

Jan 2023

Investor Comparison

No shared investors detected between these two companies.

Unique to Sourcegraph

AccelSequoia CapitalCraft VenturesRedpoint VenturesFelicis Ventures

Users Also Compare

FAQ — Sourcegraph vs Cognition

Is Sourcegraph bigger than Cognition?
By valuation, Cognition is the larger company at $10.2B versus $2.6B — a 3.9x difference. Size can also be measured by team: Sourcegraph employs 150 people while Cognition has 50 employees.
Which company raised more funding — Sourcegraph or Cognition?
Cognition has raised more in total funding at $696M, compared to Sourcegraph's $245M — a gap of $451M. Combined, the two companies have completed 6 known funding rounds.
Which company has a higher Awaira Score?
Cognition leads with an Awaira Score of 82/100, while Sourcegraph sits at 68/100. That 14-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Sourcegraph vs Cognition?
Sourcegraph was founded by Quinn Slack in 2013. Cognition was founded by Scott Wu in 2023. Visit each company's profile on Awaira for a full founder biography.
What does Sourcegraph do vs Cognition?
Sourcegraph: Sourcegraph is a code intelligence platform founded in 2013 that provides developers and enterprises with tools to search, understand, and navigate codebases at scale. The company's core product enables semantic code search, navigation, and insights across multiple repositories and programming languages. Sourcegraph's platform serves as a central hub for code intelligence, allowing teams to perform large-scale code refactoring, dependency management, and vulnerability tracking. The platform addresses the challenge of understanding complex codebases in modern software development, where teams work with millions of lines of code across distributed systems. Sourcegraph integrates with popular version control systems and development workflows, providing features like precise code navigation, cross-repository search, and batch changes for coordinated code modifications. The company has achieved a $2.6B valuation through Series D funding, having raised $245M total. Sourcegraph competes in the AI-assisted developer tools space alongside platforms offering code completion and generation capabilities. The company's positioning focuses on code understanding and large-scale refactoring rather than code generation alone. Sourcegraph serves enterprise customers across technology, finance, and other sectors requiring sophisticated code management. The growth trajectory reflects increasing demand for code intelligence solutions as organizations manage increasingly complex codebases and face pressure to accelerate software development cycles while maintaining code quality and security. Sourcegraph specializes in code understanding and large-scale refactoring rather than generative AI, positioning it distinctly in the developer tools market. 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.
Which company was founded first?
Sourcegraph got there first, launching in 2013 — that's 10 years 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.
Which company has more employees?
Sourcegraph has about 150 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.
Are Sourcegraph and Cognition competitors?
Yes — they're direct rivals. Both Sourcegraph 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.

Bottom Line

Cognition edges ahead with an Awaira Score of 82, but Sourcegraph (68) isn't far behind. The gap is narrow enough that it could shift with the next funding round.

Who Should You Watch?

Cognition is in the stronger position — better score and deeper pockets. But Sourcegraph has room to surprise, especially if they land a marquee investor. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive