Cognition develops Devin, an autonomous AI software engineer designed to write and maintain code. The company acquired the remaining parts of Windsurf last year and positions itself against other model makers in the coding space. Cognition counts enterprise customers including Mercedes-Benz, NASA, Goldman Sachs and Santander. It reported a $492 million annualized revenue run-rate and said enterprise usage of Devin grew roughly 50% month-over-month for six months. The company has demonstrated rapid commercial adoption, which it cited alongside its latest financing.

Total raised

$2.3B

Funding rounds

6

Latest round

Series D

Latest activity

May 2026