Overview
Cognition is an agentic coding startup and maker of Devin, an autonomous software engineering agent. In September 2026 the company raised 48B valuation, making it one of the highest-valued AI coding startups.
Recent Developments
- 2026-09-30: Chris Degnan (former factory board adviser) joined as Chief Revenue Officer; Factory CEO Matan Grinberg alleged Degnan shared confidential information while on Factory’s board — Degnan disputes, says he resigned (2026-09-30-factory-cognition-board-spying-dispute)