Cognition: $400 Million Raised At $10.2 Billion Valuation To Advance Future Of AI-Based Software Engineering
Summary
Cognition raised more than $400 million at a $10.2 billion post-money valuation. The company builds Devin, an autonomous AI coding agent, and it says demand for AI software engineering tools is accelerating quickly. Cognition also highlighted strong revenue growth, a major acquisition of Windsurf, and expanding enterprise adoption across finance and technology customers. The combined product suite now includes both IDE tools and asynchronous agents, which broadens the company’s platform for software development teams.
Funding
Amount
$400.0M
Total raised
Date
September 9, 2025
Announcement date
Investors
Neo Fund, 8VC, Founders Fund, Lux Capital, Boston Capital Ventures
Lead investors
Company
-
Funded company
Classifications
industries
No industries detected
applications
AI & Machine learning
AskAI Classifications
Labels
Artificial Intelligence
Software Development Tools
SaaS
Linked Companies
Cognition AI, Inc.
$5M to $10M