Tuesday, October 27, 2026 · Edition updated 6:00 AM ETTUE, OCT 27 editionNext edition in Next in --:--:--
Intelligence Verdict
AI startups · AI that writes software

Cognition

“engineers should operate more like architects and delegate execution to swarms of agents” Cognition, company-reported

  • $48Bvaluation at its last closed round, Sep 8, 2026
  • 2024founded
  • Has a product4 things shipped, by our search
The facts

Cognition at a glance.

Read Oct 20, 2026. Valuations and amounts are copied as each source states them; a figure that is only reported (talks, or people familiar with the deal) is labeled as reported.

Kind of company
AI that writes softwareCoding agents and tools that write, fix and ship software.
Based in
United States
Founded
2024TechCrunch, Sep 8, 2026
Last closed-round valuation
$48B$48B (Cognition, Sep 8, 2026)
What it has shipped
Has a product
Founders
  • Scott Wu: 'math prodigy'; co-founder and CEO (TechCrunch, Sep 8, 2026)
Latest news

Raised $2 billion at a $48 billion valuation, four months after its $26 billion round; run-rate revenue grew from $492 million to $900 million (TechCrunch notes Cognition did not explain how it calculates this). Sep 8, 2026

TechCrunch, Sep 8, 2026

What it has built

Shipped, or not yet.

“Has a product” is what our search found: something the public can use or buy, a model or API, research only, or nothing public.

product · Feb 24, 2026

Devin 2.2 autonomous coding agent

Source
product · Jun 2, 2026

Devin Desktop ('the next generation of Windsurf')

Source
model · Sep 10, 2026

SWE-2 coding model

Source
product · Jul 14, 2025

Windsurf acquisition (definitive agreement)

Source
3 rounds

Funding, as reported.

Every round we found, with the amount, valuation and investors as the source states them.

WhenRoundAmountValuationInvestors namedSource
Sep 8, 2025Unnamedover $400M$10.2B post-moneyFounders Fund (lead), Lux Capital, 8VCCognition
May 27, 2026Series Dover $1B$26B (TechCrunch headline: $25B pre-money)Lux Capital (lead), General Catalyst (lead), 8VC (lead), Ribbit Capital, Atreides, Layer GlobalCognition
Sep 8, 2026Series Eover $2B$48BAndreessen Horowitz (lead), Accel (lead), Founders Fund, General Catalyst, AvenirCognition
Our note

Worth knowing.

Our note: 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.