Devin

Devin
Devin
  • Headquarters

    San Francisco, CA
  • Founded

    2023
  • CEO / Founder

    Scott Wu
  • Employees

    11-50
  • Funding

    Series A — $21M
  • Products

    1 product listed
  • Avg. AI Score

    7.8/10
  • Website

    devin.ai/

Profile updated

Products
1
Avg AI Score
7.8/10
Founded
2023
Funding
$2.5B
About Devin

Devin is an AI software engineering agent built by Cognition AI, a company founded in 2023 and headquartered in San Francisco, California. The product is designed to operate as an autonomous coding agent that can plan, write, test, and debug software with minimal human intervention, working within a sandboxed cloud environment.

The core product, marketed under the name Devin, provides parallel cloud-based agents intended for engineering teams. It can handle tasks such as end-to-end feature development, bug fixing, codebase navigation, and integration with existing developer tooling. Cognition positioned Devin as a tool for augmenting software engineering capacity rather than replacing individual developers, targeting teams that want to scale output without proportional headcount growth.

Cognition AI raised a $21 million seed round in early 2024 led by Founders Fund, with participation from other investors including Patrick and John Collison, Elad Gil, and others. The company was co-founded by Scott Wu, who serves as CEO, along with Steven Hao and Walden Yan. The funding announcement coincided with a widely circulated demonstration of Devin's capabilities, which generated significant attention in the software engineering and AI communities.

Specialties
AI Software EngineeringAutonomous Code GenerationCode DebuggingCloud Development EnvironmentsSoftware Testing AutomationDeveloper Tooling
Financials

Dated, source-cited figures. Estimates are marked.

Valuationest.
$26B
techcrunch.com
ARRest.
$492M
thenextweb.com
Total Raisedest.
$2.5B
thenextweb.com
Valuation over time
$350M(March 2024, est.)$2B(April 2024, est.)$4B(March 2025, est.)$10.2B(Sep 8, 2025, est.)$26B(May 27, 2026, est.)
ARR over time
$1M(September 2024, est.)$37M(May 2025, est.)$73M(June 2025, est.)$492M(May 27, 2026, est.)
Products by Devin

All products by Devin reviewed by our AI panel of experts.

How Our Review Panel Scores Devin

Six independent reviewer personalities assessed Devin's product on their own terms. They disagreed by 1.0 points — The Skeptic was the hardest to convince, The Domain Strategist the most positive.

The Domain Strategist
8.2
The Decision Maker
8.1
The Power User
8.1
The Domain Practitioner
7.8
The Finance Lead
7.2
The Skeptic
7.2

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Devin competes with, and how they differ.

Company Timeline

Key milestones in Devin's history, with sources.

  1. Milestone

    Windsurf rebranded as Devin Desktop

    Cognition shipped Windsurf as Devin Desktop via an over-the-air update, unifying local, cloud, terminal, and review agents under the Devin brand; existing plans, pricing, and settings carried over automatically.

    digitalapplied.com
  2. Funding

    Raised $1B at $25B pre-money ($26B post-money) valuation

    Round led by Lux Capital, General Catalyst, and 8VC. Cognition reported $492M in annualized revenue run-rate, with enterprise usage of Devin growing 50% month-over-month for six months; customers cited include Mercedes-Benz, NASA, Goldman Sachs, and Santander.

    techcrunch.com
  3. Funding

    Raised $400M at $10.2B valuation

    Round led by Founders Fund with Lux Capital, 8VC, Elad Gil, Definition Capital, and Swish Ventures participating. Devin ARR had climbed to $73M in June 2025, up from $1M in September 2024.

    techcrunch.com
  4. Acquisition

    Acquired Windsurf

    Cognition acquired Windsurf's IP, product, brand, and employees not hired away by Google, days after Google hired Windsurf's CEO and co-founder in a $2.4B reverse-acquihire; deal price undisclosed, agreed within 72 hours of first contact.

    techcrunch.com
  5. Funding

    Raised funding at $4B valuation

    Round led by 8VC with continued backing from Founders Fund, Khosla Ventures, Elad Gil, and Conviction Partners, nearly doubling Cognition's valuation from $2B.

    theaiinsider.tech
  6. Funding

    Raised $175M at ~$2B valuation

    Founders Fund led (sole investor) a $175M round roughly six months after founding and one month after the Series A, as Devin went viral following its March 2024 launch.

    maginative.com
  7. Launch

    Devin launched publicly as "the first AI software engineer"

    Cognition unveiled Devin, an autonomous coding agent with its own shell, code editor, and browser; the launch demo drew over 30 million views on X and sparked industry debate.

    venturebeat.com
  8. Funding

    Series A — $21M led by Founders Fund at $350M valuation

    Cognition's first institutional round, led by Founders Fund, ahead of the March 12, 2024 public launch of Devin.

    maginative.com
  9. Founded

    Cognition founded

    Founded by Scott Wu, Walden Yan, and Steven Hao, initially exploring crypto before pivoting to AI coding agents.

    voicebot.ai

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Devin — Products & AI Reviews | TopReviewed.ai