Cognition AI
Founded Year
2023Stage
Series B | AliveTotal Raised
$196MValuation
$0000Last Raised
$175M | 5 mos agoAbout Cognition AI
Cognition AI operates an applied AI lab with a focus on reasoning within the technology sector. It specializes in the development of AI software that functions as a software engineer, designed to understand and execute tasks in software development. Their current product is Devin, an AI software engineer. The company was founded in 2023 and is based in San Francisco, California.
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ESPs containing Cognition AI
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The coding AI agents & copilots market consists of AI-powered solutions that help software developers write and fix code. These tools have chat functions that respond to natural language instructions for use cases like creating and testing code, fixing bugs, and answering questions about the codebase. Many companies in this market have additional capabilities to bring efficiency to the software de…
Cognition AI named as Leader among 15 other companies, including Imbue, Sourcegraph, and Poolside.
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Research containing Cognition AI
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Cognition AI in 4 CB Insights research briefs, most recently on Aug 30, 2024.
Aug 7, 2024
The enterprise AI agents & copilots market map
Jul 30, 2024 report
State of AI Q2’24 Report
Expert Collections containing Cognition AI
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Cognition AI is included in 4 Expert Collections, including AI 100 (2024).
AI 100 (2024)
100 items
Generative AI
863 items
Companies working on generative AI applications and infrastructure.
Artificial Intelligence
15,091 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Unicorns- Billion Dollar Startups
1,244 items
Latest Cognition AI News
Sep 12, 2024
Nathan Laine/Bloomberg via Getty Images Poolside, a startup creating artificial intelligence to write software, is in talks to raise a new round of funding that would give it a $3 billion valuation even before releasing an initial product, according to people familiar with the deal. The company is set to raise nearly $500 million in new financing, said the people, who asked not to be identified discussing private information. Bain Capital Ventures, an existing investor in Poolside, is in talks to lead the investment round. The startup didn’t respond to requests for comment. Bain declined to comment. The large investment in the nascent company shows the continued investor appetite for AI startups, even as the public markets have cooled on the technology’s immediate commercial payoffs. Paris-based Poolside was formed in early 2023 by Jason Warner, the former chief technology officer of coding repository GitHub, and Eiso Kant, a software entrepreneur. The startup relocated to France last year following a $126 million seed financing round, according to reports. Two other Parisian startups, Mistral AI and H, have raised massive amounts of venture capital to create generative AI models. Warner and Kant have said little about their product or business. The company’s website lays out a plan to build the “most capable AI” for software coding, followed by a vision to expand those capabilities into “other fields.” The startup is currently focused on winning over developers and has shown a demo code-generation product to investors, a person familiar with the matter said. Poolside’s approach differs from that of Mistral, which offers a code-generation model but is primarily targeting corporate customers , the person said. The market for tools that aid and automate computer coding is crowded. Microsoft Corp. has released its Copilot coding assistant developed by GitHub, which Microsoft acquired in 2018 . Several other venture-backed startups, including Cognition AI and Mistral, are also developing similar features. Poolside has signed multiple deals for access to powerful Nvidia Corp. GPUs with Iris Energy Ltd., an Australian data center company that provides computing resources for Bitcoin mining and AI. (Updates with Bain Capital Ventures involvement in second paragraph.) Recommended newsletter Data Sheet: Stay on top of the business of tech with thoughtful analysis on the industry's biggest names.
Cognition AI Frequently Asked Questions (FAQ)
When was Cognition AI founded?
Cognition AI was founded in 2023.
Where is Cognition AI's headquarters?
Cognition AI's headquarters is located at San Francisco.
What is Cognition AI's latest funding round?
Cognition AI's latest funding round is Series B.
How much did Cognition AI raise?
Cognition AI raised a total of $196M.
Who are the investors of Cognition AI?
Investors of Cognition AI include Elad Gil, Founders Fund, Khosla Ventures, Chris Re, Sarah Guo and 9 more.
Who are Cognition AI's competitors?
Competitors of Cognition AI include All Hands, Magic, Codeium, Groq, Snorkel AI and 7 more.
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Compare Cognition AI to Competitors
Magic develops artificial intelligence (AI) models to help create a digital coworker in the technology sector. Its offerings include optimizing GPU kernels, managing large-scale Kubernetes clusters, and designing new hardware-aware algorithms to train AI architectures. It primarily serves sectors that require artificial intelligence and supercomputing capabilities. The company was founded in 2022 and is based in Wien, Austria.
Tabnine operates as a company focused on artificial intelligence (AI). It offers an AI assistant that provides code completion capabilities, aiming to increase efficiency in software development by automating routine coding tasks. The primary customers of Tabnine are developers and software development companies. The company was founded in 2017 and is based in Tel Aviv, Israel.
Replit is an AI-powered software development and deployment platform that enables building, sharing, and shipping software quickly. The company offers a cloud-based workspace where users can create and deploy a variety of applications in any programming language without the need for setup, downloads, or additional tools, and includes built-in AI capabilities for coding assistance. Replit's platform is designed for collaborative work, allowing developers to code together in real-time, manage cloud services, and deploy projects directly to production. Replit was formerly known as Neoreason, Inc. It was founded in 2016 and is based in San Francisco, California.
aiXcoder is an innovative company focused on intelligent software development tools within the technology sector. Its main offering is a virtual programming expert that enhances programmers' efficiency by predicting coding intentions and automatically completing code snippets. aiXcoder primarily serves the software development industry by providing tools that facilitate code generation, code completion, and intelligent code search to improve developers' productivity and code quality. It was founded in 2018 and is based in Haidian, Beijing.
MutableAI focuses on artificial intelligence (AI) accelerated software development. The company offers services such as AI code generation for creating features or refactoring multiple files, AI-enhanced explanation and search for understanding any codebase, suggestions for code improvements and bug detection, automatic generation of progress reports for monitoring codebase, and a command line interface tool for switching between laptop and cloud. The company primarily sells to the software development industry. It was founded in 2021 and is based in Dover, Delaware.
CodeComplete focuses on providing artificial intelligence (AI)-powered development tools. Its main service includes an AI coding assistant for enterprises, designed to improve the end-to-end developer workflow by incorporating the company's libraries and coding patterns, while ensuring data security and privacy. The company primarily serves the enterprise software industry. It was founded in 2022 and is based in San Francisco, California.
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