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COGNITION AI
Cognition AI
Artificial intelligence / AI coding tools · San Francisco, California · United States · Founded · 2023 · ≈ · 200 · employees

Cognition AI: Company Profile & Valuation

Private

Founded in 2023, Cognition AI operates in artificial intelligence / ai coding tools. Its most recent disclosed valuation is $47B (rumored). No public ticker exists for the company.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Cognition AI at a glance
Last valuation
$47B
RUMORED · SEP 2026
Raised across rounds
$2.6B
6 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
NVDA—
NVDA-PERP · live
Valuation history

Cognition AI valuation history

6 valuations. The latest, $47B post-money, was set by the Funding Round (in talks, not yet closed) in Sep 2026.

$47B
Jan 2024
$350M
Seed · post-money
Apr 2024
$2B
Series (Founders Fund-led) · post-money
+471% vs prior valuation
Mar 2025
$4B
Series (8VC-led) · post-money
+100% vs prior valuation
Sep 2025
$10B
Post-Windsurf markup · post-money
+150% vs prior valuation
May 2026
$26B
Markup · post-money
+160% vs prior valuation
Sep 2026
$47BLATEST
Funding Round (in talks, not yet closed) · post-money
+81% vs prior valuation
Latest valuation
$47Bpost-money
Set by the Funding Round (in talks, not yet closed) · 2 Sep 2026
×134.3since the $350M Seed in Jan 2024
Valuations
6
Priced rounds with a valuation
Event type
Primary round
The Funding Round (in talks, not yet closed) · $1B raised
Funding history

Cognition AI funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Seed
Jan 2024
$21M
$350M
Founders Fund
—
Series (Founders Fund-led)
Apr 2024
$175M
$2B
Founders Fund
+471.4%
Series (8VC-led)
Mar 2025
—
$4B
8VC
+100.0%
Post-Windsurf markup
Sep 2025
$400M
$10B
Founders Fund
+150.0%
Markup
May 2026
$1B
$26B
Lux Capital, General Catalyst, 8VC
+160.0%
Funding Round (in talks, not yet closed)
Sep 2026
$1B
$47B
Andreessen Horowitz, Accel
+80.8%
Cognition AI · investors

Investors

Andreessen HorowitzLEADAccelLEADLux CapitalLEADGeneral CatalystLEAD8VCLEADFounders FundLEAD
Will Cognition AI IPO?
Founded
2023
Jan 2024
Seed · $350M
Sep 2026
Funding Round (in talks, not yet closed) · $47B
IPO
Not announced
No filing has been made.
Cognition AI — the private market
Last valuation$47B · rumored · Sep 2026
Total raised$2.6B
Lead investors
Andreessen HorowitzAccelLux CapitalGeneral Catalyst
IPO statusNot announced
Founded · HQ2023 · San Francisco, California · United States
Employees≈ 200
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Cognition AI

Cognition AI, Inc. (also known as Cognition Labs), doing business as Cognition, is an American artificial intelligence (AI) company headquartered in San Francisco, California. The company developed Devin AI, an AI software developer, which plans, writes, tests, and ships production code on its own, working inside your codebase and the tools your team already uses, and is deployed at some of the largest and most complex institutions in the world. Scott Wu, Steven Hao, and Walden Yan founded the company in August 2023; all three were competitive programmers who won gold medals at the International Olympiad in Informatics (IOI).

In July 2025, Cognition signed a definitive agreement to acquire Windsurf, an agentic IDE, after the fallout from Google's $2.4 billion acquihire of their CEO and other senior employees, and in June 2026 Cognition announced rebranding of Windsurf to Devin Desktop. In September 2026, Cognition engineer Eric Lu announced the factorization of RSA-260, the largest RSA challenge number publicly factored, using a GPU implementation developed and operated with Devin.

The money screen · ranked by accessibility

How to get Cognition AI exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Cognition AI.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Cognition AI availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Cognition AI included.

No account needed

Cognition AI stock — frequently asked questions

Is Cognition AI publicly traded?›

No. Cognition AI is a private company; its shares do not trade on a public exchange.

What is Cognition AI's valuation?›

The last valuation is $47B (rumored, Sep 2026).

Who has invested in Cognition AI?›

Lead investors for each round are in the funding timeline.

Who are Cognition AI's competitors?›

The closest artificial intelligence / ai coding tools peers are on the competitors page.

How can I get exposure to Cognition AI?›

The routes section explains what is realistically available for a company at this stage.

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