About Cognition
Cognition is a company based in San Francisco (United States) founded in 2023 by Steven Hao, Walden Yan, and Scott Wu. It operates as a AI-as-a-Service. Cognition has raised $696 million across 4 funding rounds from investors including Khosla Ventures, 8VC and Founders Fund. Cognition has completed 1 acquisition, including Windsurf. Cognition offers products and services including Devin.
- Headquarter San Francisco, United States
- Founders Steven Hao, Walden Yan, Scott Wu
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Cognition Ai, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$696 M (USD)
in 4 rounds
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Latest Funding Round
$500 M (USD), Series C
Aug 14, 2025
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Investors
Khosla Ventures
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Cognition
Cognition offers a comprehensive portfolio of products and services, including Devin. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Devin is developed as an AI software engineer.
Funding Insights of Cognition
Cognition has successfully raised a total of $696M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $500 million completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $500.0M
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First Round
First Round
(12 Mar 2024)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series C - Cognition | Valuation | Founders Fund |
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| Mar, 2025 | Amount | Series B - Cognition | Valuation | 8VC | |
| Apr, 2024 | Amount | Series B - Cognition | Valuation | Founders Fund |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cognition
Cognition has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Khosla Ventures, 8VC and Founders Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in technology, life sciences, and related sectors.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and defense sectors.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cognition
Cognition has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Windsurf. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI-powered code editor is provided to enhance developer productivity.
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2021 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cognition
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cognition Comparisons
Competitors of Cognition
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cognition
Frequently Asked Questions about Cognition
When was Cognition founded?
Cognition was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Cognition located?
Cognition is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Cognition?
Scott Wu is the current CEO of Cognition. They have also founded this company.
Is Cognition a funded company?
Cognition is a funded company, having raised a total of $696M across 4 funding rounds to date. The company's 1st funding round was a Series B of $175M, raised on Mar 12, 2024.
What does Cognition do?
Cognition is established as an applied AI lab focused on developing advanced AI solutions. The company is known for creating Devin, an AI software engineer designed to assist with coding and software development tasks. Their work spans various sectors within technology, particularly in artificial intelligence, aiming to address complex challenges through innovative AI agents. Updates and insights into their projects are shared through regular blog posts covering topics like AI coding agents and enterprise solutions.
What products or services does Cognition offer?
Cognition offers Devin.
How many acquisitions has Cognition made?
Cognition has made 1 acquisition, including Windsurf.
Who are Cognition's investors?
Cognition has 5 investors. Key investors include Khosla Ventures, 8VC, Founders Fund, Elad Gil, and Conviction.
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