Who's who · AI apps & SaaS

Cognition

Maker of Devin, an AI software engineer, and Devin Desktop, the editor that succeeded Windsurf

At a glance

Founded: 2024
Based in: San Francisco, United States
People: Scott Wu, Co-founder and chief executive
Known for: Devin, Devin Desktop, SWE-2
Funding: Private; last valued at $48 billion (September 2026)
Revenue run rate: Over $1 billion (September 2026, company figure)
Website: https://cognition.com

Cognition is a San Francisco company that builds AI agents for software engineering. Its main product, Devin, launched in March 2024 and is described by the company as an autonomous software engineer that plans, writes, tests and ships code. Scott Wu, who started the company in 2024, is chief executive.

In 2025 Cognition acquired Windsurf, an AI coding editor. In June 2026 it introduced Devin Desktop as the next generation of Windsurf: an editor built around a command centre for managing local and cloud agents, which stays fully compatible with Windsurf. Cognition also trains its own coding models, the SWE series; SWE-2 arrived in September 2026. It calls itself an independent agent lab that combines its own models with those of other labs.

Cognition sells mainly to large companies, with customers including NVIDIA, Citi, GE Aerospace and Mercedes-Benz. In September 2026 it raised more than $2 billion at a $48 billion valuation in a round led by Andreessen Horowitz and Accel, four months after raising more than $1 billion at $26 billion. It says its annualised revenue run rate passed $1 billion in late September 2026. It has offices in San Francisco, New York, Austin, London, Tokyo, Singapore and elsewhere.

Sources

Cognition, Do it all with Devin: Announcing our Series E, 2026-09-08
Cognition, Cognition Crosses $1B in Annualized Revenue Run Rate, 2026-09-25
Cognition, Introducing Devin Desktop, 2026-06-02
TechCrunch, Cognition CEO denies report that SpaceX tried to acquire the startup, 2026-08-19

Facts last checked 2026-10-02