
Cognition | Devin AI
Maker of Devin, Cognition is an applied AI lab building end-to-end software agents.
Date | Investors | Amount | Round |
---|---|---|---|
* | $21.0m Valuation: $350m | Series A | |
* | $175m Valuation: $2.0b | Late VC | |
* | $100m Valuation: $4.0b | Late VC | |
Total Funding | $296m |
USD | 2025 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Devin.ai operates in the software engineering sector, providing an autonomous AI solution designed to write, run, and test code. The platform primarily serves engineering teams looking to optimize their workflow and reduce the time spent on repetitive tasks. By integrating with tools like Slack, GitHub, and web browsers, Devin.ai facilitates seamless task management and progress tracking. The business model likely revolves around a subscription-based service, offering companies the ability to scale their engineering capabilities without proportionally increasing their workforce. This approach not only cuts down on operational costs but also allows businesses to focus on innovation and value creation. The platform's ability to independently handle tasks such as creating pull requests and reviewing code positions it as a valuable asset in the competitive software development market. Keywords: AI, software engineering, code efficiency, task automation, engineering teams, workflow optimization, subscription service, task management, operational cost reduction, innovation.