Coding & software agents · San Francisco, US · founded 2023
Cognition: who founded it, who funds it
Cognition is a San Francisco AI coding lab founded in 2023 by Scott Wu, Walden Yan and Steven Hao. What it is building: devin, the autonomous software engineer; the blog's counterexample to a rigid talent-capital-customers order. It has raised $421M in disclosed rounds, most recently a Series C of $400M at a $10B valuation in September 2025, led by Founders Fund. It has a product on the market.
- Founders
- Scott Wu, Walden Yan, Steven Hao
- Founders from
- ·
- Location
- San Francisco, US (North America)
- Valuation
- $10B set by the last priced round
- Raised
- $421M disclosed
- Investors
- Founders Fund lead, Lux Capital, 8VC, Elad Gil, Bain Capital Ventures
- What ships
- Devin, early access Mar 2024.
Rounds
| Date | Round | Amount | Valuation | Lead | Source |
|---|---|---|---|---|---|
| Sep 8, 2025 | Series C | $400M | $10B | Founders Fund | cognition.com |
| Mar 12, 2024 | Series A | $21M | · | Founders Fund | cognition.com |
Sources
- Introducing Devin cognition.com
News
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Oct 2, 2026
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Sep 18, 2026
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Jul 27, 2026
- Jul 21, 2026
- Jul 1, 2026
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May 28, 2026
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Sep 8, 2025
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Mar 12, 2024
Investors who back other labs here
- Lux Capital also: Physical Intelligence, Applied Compute, Sakana AI, EvolutionaryScale
- Founders Fund also: Prime Intellect
- 8VC also: Generalist AI
- Elad Gil also: Periodic Labs