Cognition

Cognition

About Cognition

Simplify's Rating
Why Cognition is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Early VC

Total Funding

$196M

Headquarters

New York City, New York

Founded

2023

Overview

Company Does Not Provide H1B Sponsorship

Simplify Jobs

Simplify's Take

What believers are saying

  • Cognition's $4 billion valuation highlights strong investor confidence and market potential.
  • AI agents like Devin could revolutionize entrepreneurship by enabling one-person billion-dollar enterprises.
  • The rise of agentic AI is transforming enterprise efficiency, benefiting Cognition's offerings.

What critics are saying

  • OpenAI's advanced AI models could surpass Cognition's capabilities, increasing competition.
  • Skepticism about Devin's accuracy may affect its adoption and market reputation.
  • Rapid AI evolution may outpace Cognition's offerings, risking market share loss.

What makes Cognition unique

  • Cognition's AI tool Devin autonomously handles programming tasks, reducing human intervention.
  • Devin 1.2 integrates voice commands, enhancing user interaction and efficiency.
  • Cognition's focus on AI agents positions it as a leader in enterprise automation.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$196M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

22%

2 year growth

1%
Bloomberg
Mar 18th, 2025
Cognition AI Hits $4 Billion Valuation in Deal Led by Lonsdale’s Firm

Cognition AI Inc., the developer of an artificial intelligence-powered coding assistant, has raised hundreds of millions of dollars at a valuation close to $4 billion, according to people familiar with the matter.

PYMNTS
Feb 11th, 2025
Ai Agents’ Rise Promises It Revolution, But Readiness Questions Remain

The race to deploy artificial intelligence (AI) engineering agents that can rival — and even replace — human software engineers is accelerating. Last week, OpenAI CEO Sam Altman said that by the end of the year, the company’s most advanced AI reasoning model could rank first in competitive programming contests in the world. During a recent QA panel at the University of Tokyo, he said the first version of its reasoning model ranked one millionth among competitive programmers globally. Then it reached 10,000th place. OpenAI’s latest and most powerful reasoning model — o3 — was able to reach 175th place

TechCrunch
Feb 1st, 2025
Ai Agents Could Birth The First One-Person Unicorn — But At What Societal Cost?

Thanks to the advent of cloud computing and distributed digital infrastructure, the one-person micro-enterprise is far from a novel concept. Cheap on-demand compute, remote collaboration, payment processing APIs, social media, and e-commerce marketplaces have all made it easier to “go it alone” as an entrepreneur.But what about scaling that one-person business into something meatier — an enterprise of unicorn proportions?Historically, this would have been an unfathomably tough task, due to the skills and resources required, not only to scale a product but also to grow and maintain a sufficiently bountiful customer base. But AI agents could unshackle the would-be solo-preneurs of the world.AI agents are all about embedding human workflows into software, freeing the human to do more in less time. Agents can be assigned tasks, and they can make decisions with varying degrees of autonomy. Multiple AI agents could even collaborate on complementary tasks, paving the way for getting some real work done entirely autonomously.In an interview last year with Reddit co-founder Alexis Ohanian, OpenAI’s Sam Altman predicted this exact scenario.“In my little group chat with my tech CEO friends, there’s this betting pool for the first year that there is a one-person billion-dollar company,” Altman said. “Which would have been unimaginable without AI — and now [it] will happen.”In a discussion at the World Economic Forum’s annual meeting in Davos last week, a panel of entrepreneurs and investors also discussed the prospect of the single-person billion-dollar enterprise — and, more importantly, what this might mean for the future of employment.In humans we trustRecent history reveals a slew of svelte billion-dollar companies

VentureBeat
Jan 17th, 2025
Devin 1.2: Updated Ai Engineer Enhances Coding With Smarter In-Context Reasoning, Voice Integration

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. Last year, Cognition started the AI agent wave with a product called Devin — the world’s first AI engineer. The offering was under wraps for several months, but now it’s generally available and learning new chops very quickly. Case in point: the Scott Wu-led startup has just released Devin 1.2, which brings a bunch of new capabilities to take the AI engineer’s ability to handle entire development projects to a whole new level.The biggest highlight of Devin 1.2 is its improved in-context reasoning, which makes the agent better at handling and reusing code. It also includes the ability to take voice messages via Slack, which gives users a more seamless way to tell Devin what it has to do.The development comes at a time when AI-powered agents are being touted as the future of modern work

VentureBeat
Dec 16th, 2024
We’Ve Come A Long Way From Rpa: How Ai Agents Are Revolutionizing Automation

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn MoreIn the past year, the race to automate has intensified, with AI agents emerging as the ultimate game-changers for enterprise efficiency. While generative AI tools have made significant strides over the past three years — acting as valuable assistants in enterprise workflows — the spotlight is now shifting to AI agents capable of thinking, acting and collaborating autonomously. For enterprises preparing to embrace the next wave of intelligent automation, understanding the leap from chatbots to retrieval-augmented generation (RAG) applications to autonomous multi-agent AI is crucial. As Gartner noted in a recent survey, 33% of enterprise software applications will include agentic AI by 2028, up from less than 1% in 2024.As Google Brain founder Andrew Ng aptly stated: “The set of tasks that AI can do will expand dramatically because of agentic workflows.” This marks a paradigm shift in how organizations view the potential of automation, moving beyond predefined processes to dynamic, intelligent workflows.The limitations of traditional automationDespite their promise, traditional automation tools are constrained by rigidity and high implementation costs. Over the past decade, robotic process automation (RPA) platforms like UiPath and Automation Anywhere have struggled with workflows lacking clear processes or relying on unstructured data

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