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Cognition

Artificial intelligence · New York, NY · Private

Cognition builds AI software-engineering agents, including Devin, aimed at automating parts of the development workflow.

$48BReported valuationPrivate Ledger market watch
PrivatePublic statusNo confirmed IPO
Artificial intelligenceSectorAI software engineering agents
Sep 2026Profile updatedLatest editorial review

The Company

Cognition builds AI software-engineering agents, including Devin, aimed at automating parts of the development workflow.

The company's investment case is tied to ai software engineering agents. The Private Ledger will update this profile when material financing, operating, or market-structure developments are publicly reported.

Why It Matters

The company's trajectory is a direct test of whether autonomous coding tools can become durable enterprise software businesses.

Valuation History

  1. Private→2023Company founded
  2. $48B→2026Latest reported estimate

What Changed

  1. Cognition is founded or begins operating in its current form.

  2. The company remains on The Private Ledger's private-market watchlist; this profile reflects the latest editorial review.

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