AI that writes software

• Scott Wu: 'math prodigy'; co-founder and CEO (TechCrunch, Sep 8, 2026)

• Sep 8, 2025, Unnamed: over $400M, valued at $10.2B post-money. Investors named: Founders Fund (lead), Lux Capital, 8VC (Cognition, Sep 8, 2025)
• May 27, 2026, Series D: over $1B, valued at $26B (TechCrunch headline: $25B pre-money). Investors named: Lux Capital (lead), General Catalyst (lead), 8VC (lead), Ribbit Capital, Atreides, Layer Global (Cognition, May 27, 2026)
• Sep 8, 2026, Series E: over $2B, valued at $48B. Investors named: Andreessen Horowitz (lead), Accel (lead), Founders Fund, General Catalyst, Avenir (Cognition, Sep 8, 2026)

Revenue figures are company-reported. Cognition's Series D page says $26B; TechCrunch's headline says $25B pre-money. TechCrunch (2026-10-05) also covers a dispute in which Factory's CEO accused a former board adviser who joined Cognition of sharing confidential information; this is disputed.

• Anton Osika: CEO (background not stated in pages fetched) (TechCrunch, Jul 17, 2025)
• Fabian Hedin: co-founder (background not stated) (TechCrunch, Sep 24, 2026)

• Jul 17, 2025, Series A: $200M, valued at $1.8B. Investors named: Accel (lead), 20VC, byFounders, Creandum, Hummingbird, Visionaries Club (Lovable, Jul 17, 2025)
• Dec 18, 2025, Series B: $330 million, valued at $6.6 billion. Investors named: CapitalG (lead), Menlo Ventures' Anthology fund (lead), NVentures (NVIDIA), Salesforce Ventures, Databricks Ventures, Khosla Ventures (Lovable, Dec 18, 2025)
• Aug 12, 2026, Series C: $400 million, valued at $13.3 billion. Investors named: Menlo Ventures (lead), Scaleup Europe Fund, managed by EQT (co-lead), Balderton Capital, Tencent, Accel, CapitalG (Lovable, Aug 12, 2026)

Founded year is the product launch year (November 2024) stated by Lovable; the legal company may be older (not verified). Revenue is company-reported. Lovable says over 60 million projects created since launch.

• Matan Grinberg: theoretical physics PhD; co-founder and CEO (TechCrunch, Nov 2, 2023)
• Eno Reyes: previously a data scientist at Hugging Face and Microsoft (TechCrunch, Nov 2, 2023)

• Nov 2, 2023, Seed: $5 million. Investors named: Sequoia (co-lead), Lux (co-lead), SV Angel, BoxGroup (TechCrunch, Nov 2, 2023)
• Sep 15, 2026, Unnamed: $200M, valued at $5B. Investors named: Blackstone, Khosla Ventures, Sequoia Capital, Insight Partners, Evantic Capital, Sound Ventures, NEA, Mantis VC, Clearlake (Factory, Sep 15, 2026)

No lead investor named for the $5B round. Factory says it is used by 'hundreds of thousands of developers' (company claim). OpenCompute's licence was not checked; 'open-source' kind is based on the name and self-hosting description only.

• Jason Warner: CEO; former CTO of GitHub (TechCrunch, Oct 2, 2024)
• Eiso Kant: co-founded several developer-focused startups, including Athenian (TechCrunch, Oct 2, 2024)

• Oct 2, 2024, Series B: $500 million, valued at $3 billion (as reported by Bloomberg). Investors named: Bain Capital Ventures (lead), eBay Ventures, Nvidia (TechCrunch, Oct 2, 2024)

The newest funding figure we could verify is from October 2024 and is old. Later reported rounds (2025–2026) could not be verified on a fetched page.

• Mukund Jha: co-founder and CEO (background not stated) (TechCrunch, Jul 15, 2026)
• Madhav Jha: co-founder and CTO; Mukund's brother (TechCrunch, Jul 15, 2026)

• Jan 20, 2026, Series B: $70 million, valued at $300 million post-money. Investors named: SoftBank Vision Fund 2 (co-lead), Khosla Ventures (co-lead), Prosus, Lightspeed, Together, Y Combinator (TechCrunch, Jan 20, 2026)
• Jul 15, 2026, Series C: $130 million, valued at $1.5 billion post-money. Investors named: Creaegis (lead), MNI Ventures-Claypond, Sentinel Global, Khosla Ventures, SoftBank Vision Fund 2, Lightspeed, Y Combinator (TechCrunch, Jul 15, 2026)

Revenue and customer counts are company-reported. Country listed as India because TechCrunch calls it an 'Indian AI coding startup'; the company says it is headquartered in San Francisco.

• Eric Steinberger: CEO; studied computer science at Cambridge (left after a year); former AI researcher at Meta (TechCrunch, Aug 29, 2024)
• Sebastian De Ro: former CTO of German process-management firm FireStart (TechCrunch, Aug 29, 2024)

• Feb 6, 2023, Series A: $23M (Magic, Feb 6, 2023)
• Aug 29, 2024, Unnamed: $320 million (total raised $465 million per TechCrunch; Magic says $515M). Investors named: Eric Schmidt, CapitalG, Atlassian, Elad Gil, Jane Street, Nat Friedman & Daniel Gross, Sequoia (TechCrunch, Aug 29, 2024)

Little shipped relative to money raised: TechCrunch said in 2024 its tools were 'not yet for sale'. Valuation 'couldn't be ascertained' in Aug 2024 (TechCrunch; earlier reports of $500M and a $1.5B target). Funding data is old (2024).