Headquarters
San Francisco, CAFounded
2023CEO / Founder
Scott WuEmployees
11-50Funding
Series A — $21MProducts
1 product listedAvg. AI Score
7.8/10Website
devin.ai/Profile updated
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.
Dated, source-cited figures. Estimates are marked.
All products by Devin reviewed by our AI panel of experts.
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.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Who Devin competes with, and how they differ.
Cursor is a fork of VS Code with an in-editor agent mode, monetized via $20-$200/month IDE subscriptions, versus Devin's cloud-hosted autonomous engineer that runs tasks independently of any single editor.
1 product reviewed on TopReviewedClaude Code is Anthropic's CLI-native coding agent, sold via Claude subscriptions and API usage rather than as a dedicated engineering-hire product, and runs on Anthropic's own models rather than Devin's in-house SWE-1.5/SWE-grep stack.
3 products reviewed on TopReviewedReplit Agent builds and deploys full applications from natural-language prompts inside its own browser-based IDE, targeting indie builders and prosumers rather than Devin's enterprise engineering-team deployments at companies like Goldman Sachs and NASA.
1 product reviewed on TopReviewedAugment Code focuses on agentic assistance inside large, existing enterprise codebases with deep context retrieval, competing directly with Devin's enterprise push but without Devin's fully autonomous end-to-end task execution.
1 product reviewed on TopReviewedGitHub Copilot layers agent mode and Copilot Workspace onto GitHub's existing developer distribution, competing on reach and default-IDE integration rather than Devin's standalone autonomous-engineer product.
Key milestones in Devin's history, with sources.
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.comRaised $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.comRaised $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.comAcquired 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.comRaised 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.techRaised $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.comDevin 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.comSeries 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.comCognition founded
Founded by Scott Wu, Walden Yan, and Steven Hao, initially exploring crypto before pivoting to AI coding agents.
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