Cognition AI
About Cognition AI
Cognition AI is a AI Agents startup based in San Francisco, California, USA that has raised $596M in venture capital across 4 funding rounds since 2023. The company reached Growth stage in March 2024 with a $21M round led by Founders Fund at a $350M valuation. Cognition AI's investor base includes 10 institutional funds, with Founders Fund leading the most recent equity round.
Cognition AI is an AI research and product company best known for building Devin, the world's first AI software engineer. Founded in 2023 by competitive programming champions Scott Wu, Steven Hao, and Walden Yan, the company develops autonomous AI agents capable of independently planning, executing, and validating complex multi-step engineering tasks. In 2025, Cognition acquired Windsurf, an AI coding editor, expanding its combined enterprise ARR to over $150M.
Cognition AI Funding Rounds Timeline
4 rounds · $596M raised · since 2023
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Series A | March 2024 | $21M | $350M | Founders Fund | — |
| Series A Extension | April 2024 | $175M | $2B | Founders Fund | — |
| Series B | March 2025 | Undisclosed | $4B | 8VC | Founders Fund, Khosla Ventures, Elad Gil, Conviction |
| Series C | September 2025 | $400M | $10.2B | Founders Fund | Lux Capital, 8VC, Elad Gil, Definition Capital, Swish Ventures, Bain Capital Ventures, D1 Capital Partners |
Investors in Cognition AI
10 institutional investors across 4 rounds
Lead investors
Co-investors
Recent news about Cognition AI
- FundingCognition in talks to raise hundreds of millions at $25B valuationApril 24, 2026
Questions about Cognition AI
How much has Cognition AI raised?
Cognition AI has raised $596M across 4 funding rounds since 2023.
Who are the investors of Cognition AI?
Cognition AI's investors include Founders Fund, 8VC, Khosla Ventures, Elad Gil, Conviction, Lux Capital, Definition Capital, Swish Ventures, Bain Capital Ventures, D1 Capital Partners.
When was Cognition AI's last funding round?
Cognition AI's most recent round was a $21M Series A in March 2024, led by Founders Fund.
What is Cognition AI's valuation?
Cognition AI reached a $10.2B valuation (unicorn status) with its Series A round in March 2024.
Where is Cognition AI headquartered?
Cognition AI is headquartered in San Francisco, California, USA, and was founded in 2023 by Scott Wu, Steven Hao, Walden Yan.