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Cognition

Maker of Devin, the AI software engineer; acquired Windsurf in 2025
AI 📍 San Francisco, CA Founded 2023
Current Valuation
$10B
as of 2025-Q3
DECACORN
Cognition is an applied AI lab focused on reasoning, best known for Devin, the autonomous AI software engineer launched in March 2024. In July 2025 Cognition acquired rival AI coding startup Windsurf for its IDE and team, and two months later raised a $400M round led by Founders Fund at a $10.2B valuation.

Company Profile

CEO
Scott Wu
Founded
2023
HQ
San Francisco, CA
Est. Revenue
$155M (2025)
Growth
Devin ARR scaled from $1M to $73M between Sep 2024 and Jun 2025
Last Round
Series C — $400M (Sep 2025) · Lead: Founders Fund
IPO Status
none

Founders & Key People

Scott WuSteven HaoWalden Yan

Investors

Founders Fund · Khosla Ventures · 8VC · Peter Thiel

Products

  • Devin (autonomous AI software engineer)
  • Windsurf (code editor)
  • DeepWiki

Competitors

Cursor · GitHub Copilot · Anthropic Claude Code · Replit
AICode AgentsDeveloper ToolsUnicorn
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q3. Refreshed quarterly.