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Revenue Leaderboard › AI coding
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#10 by ARRSan Francisco, UScognition.ai ↗

Cognition

Cognition develops artificial intelligence systems for software engineering and code automation.

Agentic AIArtificial Intelligence (AI)Business Process Automation (BPA)Generative AISoftware EngineeringAI coding
ARR
$1B
as of Sep 2026
Employees
~600
as of Sep 2026
Valuation
$48B
48× ARR
ARR / employee
$2M
revenue efficiency
Previous update: $900M (Sep 2026) → $1B (+11%).
About Cognition

Cognition develops artificial intelligence systems for software engineering and code automation. The company operates Devin, an AI software engineer that plans, writes, tests, debugs, and deploys code through integrated development workflows. Its platform works with existing development tools and codebases to support engineering tasks across application development, maintenance, and issue resolution. Cognition also provides tools that assist teams with system design, technical workflows, and collaborative coding processes. The company focuses on AI agents that automate repetitive engineering work while supporting software teams in managing complex development tasks.

Cognition develops artificial intelligence systems for software engineering and code automation. Crunchbase rank #14.

Investors · 30

LeadAccelVenture capital106 partners on file
LeadAndreessen HorowitzVenture capital290 partners on file
Investor137 VenturesVenture capital12 partners on file
Investor8VCVenture capital29 partners on file
InvestorAltimeter CapitalHedge / crossover fund18 partners on file
InvestorAtreides ManagementVenture capital
InvestorAvenirVenture capital13 partners on file
InvestorBattery VenturesVenture capital29 partners on file
InvestorBenchmarkVenture capital16 partners on file
InvestorBessemer Venture PartnersVenture capital56 partners on file
InvestorBONDVenture capital13 partners on file
InvestorBoxGroupVenture capital13 partners on file
InvestorD1 Capital PartnersHedge / crossover fund15 partners on file
InvestorDefinition CapitalVenture capital3 partners on file
InvestorDST GlobalVenture capital15 partners on file
InvestorFounders FundVenture capital23 partners on file
InvestorGeneral CatalystVenture capital71 partners on file
InvestorGreylockVenture capital16 partners on file
InvestorHOF CapitalVenture capital13 partners on file
InvestorKleiner PerkinsVenture capital20 partners on file
InvestorLightspeed Venture PartnersVenture capital66 partners on file
InvestorLux CapitalVenture capital17 partners on file
InvestorMeritech CapitalVenture capital14 partners on file
InvestorPositive SumVenture capital
InvestorRibbit CapitalVenture capital4 partners on file
InvestorSoma CapitalVenture capital17 partners on file
InvestorStripesVenture capital18 partners on file
InvestorSwish VCVenture capital2 partners on file
InvestorT. Rowe PriceAsset manager / other14 partners on file
InvestorValor Equity PartnersPrivate equity26 partners on file
949 partner contacts across these firms, emails and LinkedIn are in Investor Contacts for paid members.

Deals

All deals
Cognition logo
Cognitiondetails →Series ESep 8
General Catalyst (lead), Founders Fund (lead), Accel (lead), Avenir (lead), Andreessen Horowitz (lead) · AI coding agents
$2B
val. $48B
53× EV/ARR
Cognition logo
Cognitiondetails →Series DMay 27
General Catalyst (lead), Lux Capital (lead), 8VC (lead), Founders Fund, Ribbit Capital, Atreides Management · Business Process Automation (BPA)
$1B
val. $26B
53× EV/ARR

News, deals & research

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DealDaytona raises $60M Series B at $1B valuation for AI agent cloud infrastructureOct 20DealIntuit buys London AI billing startup Sequence in a deal reportedly worth about $200MOct 15DealHone, started by former Cognition and OpenAI staff, raises $60M seed at a $285M valuationOct 8NewsOpenAI makes GPT-6 Astra and GPT-6.1 Sol ~50% faster by default and starts 28 days of daily fixesOct 5DealFactory raises $200M at $5B for its 'Droids' engineering agentsSep 15DealCognition raises $2B at $48B as Devin and Windsurf push into enterprise engineeringSep 8DealMidjourney buys astrology app Co-Star as it builds consumer AI productsJul 23DealScaled Cognition raises $100M Series AJun 25DealCognition raises $1B Series DMay 27ResearchDeep Residual Learning for Image Recognition (ResNet, 2015): skip connections make 100+-layer networks trainableDec 10
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