Enterprise Software · Data Intelligence
Cognition
San Francisco, USA · Series C-1
Implied valuation
Probability modeled from funding stage, momentum & liquidity signals.
Valuation Trajectory
Funding-round staircase from founding · log scale. Modeled round ladder anchored to the current valuation — illustrative, not a published figure.
IPO Model Drivers
Why the odds read this way
Factor weights are illustrative decompositions of the modeled IPO probability, not guarantees.
Down-Round Risk
Valuation downside pressure
Mixed signals — limited valuation history with 11% modeled IPO odds keep down-round risk in the middle band.
Asset brief
Cognition is an Enterprise Software · Data Intelligence company last marked at $15.19B. Stage: Series C-1, $500MM raised to date. No verified market-moving events in the last 30 days.
Cognition is an applied AI lab building the future of software engineering. They are the makers of Devin, a collaborative AI teammate that helps engineering teams achieve their goals. Their main product is Devin, an AI software engineer, and their target market is software engineering teams.
Capital Timeline
Funding & liquidity milestones
Series C-1
$500MM raised · $15.19B