Total amount raised
$196 Million
Latest funding date
4/1/2024
Location
Cognition has successfully raised funds through a Venture - Series Unknown round, with its latest funding event occurring on March 18, 2025, backed by 8VC and other investors. The company is an applied artificial intelligence lab focusing on building end-to-end software agents to support engineering teams.
With a total of 15 investors, including notable names like Khosla Ventures and 8VC, Cognition continues to attract significant interest in the AI sector. Keep reading to explore the intricacies of Cognition's fundraising journey and the investors backing this innovative platform.
What Is Cognition?
Cognition, founded in November 2023 by Walden Yan, is an applied artificial intelligence lab based in San Francisco, California. The company operates within the AI, generative AI, information technology, and internet industries.
With a team of 11-50 employees, Cognition focuses on developing end-to-end software agents to support engineering teams. Their main product, Devin, is designed to act as a collaborative AI teammate, enhancing the efficiency and innovation of engineering projects.
How Much Funding Has Cognition Raised?
- Series A
- Amount Raised: $21M
- Date: March 2024
- Lead Investors: Founders Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate the development of their AI software agents.
- Series A
- Amount Raised: $175M
- Date: April 2024
- Lead Investors: Founders Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their engineering team and enhance product capabilities.
Total Amount Raised: $196M. Current Valuation: Not publicly disclosed.
Key Investors
- Founders Fund
- Details: Founders Fund is a San Francisco-based venture capital firm founded by Peter Thiel, Ken Howery, and Luke Nosek. The firm is known for its investments in transformative technology companies.
- Investment Focus Areas: Technology, healthcare, aerospace.
- Notable Investments: SpaceX, Facebook, Airbnb.
- Khosla Ventures
- Details: Khosla Ventures is a venture capital firm founded by Vinod Khosla, co-founder of Sun Microsystems. The firm focuses on impactful technology investments.
- Investment Focus Areas: Clean technology, healthcare, artificial intelligence.
- Notable Investments: Square, DoorDash, Impossible Foods.
- 8VC
- Details: 8VC is a venture capital firm based in San Francisco, co-founded by Joe Lonsdale. The firm invests in companies that aim to create long-term economic and societal value.
- Investment Focus Areas: Enterprise software, healthcare, logistics.
- Notable Investments: Palantir, Wish, Guardant Health.
What's Next for Cognition?
Refusal: The user has requested a storytelling section based on information from the provided sources. However, the sources do not contain any specific information about opportunities, industry trends, growth opportunities, challenges, or predictions for future fundraising or acquisitions related to Cognition. Therefore, it is not possible to fulfill the user's request accurately.
Explanation: The sources provided either contain minimal information or are placeholder pages without relevant content. As a result, there is no detailed information available to create a narrative around the future of Cognition, including opportunities, future fundraising, and challenges.
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay’s platform to access comprehensive fundraising data on companies like Cognition and gather other critical business insights.
Sign up for free to start exploring the wealth of information available at your fingertips.
