Cognition AI Raises $400M from Peter Thiel at $10B Valuation.
PRIVATESep 09, 2025
Amount Raised
$400 Million
Round Type
Funding Round
San FranciscoSoftwareArtificial IntelligenceMachine LearningNatural Language Processinginformation technology & services
Investors
Peter ThielThiel Capital
Description
Cognition AI, the startup behind Goldman Sachs’ first ‘A.I. employee,’ has raised approximately $400 million in funding from Peter Thiel. This round boosts the company’s valuation to $10 billion and will be used to enhance its artificial intelligence offerings, marking a significant milestone in its growth.
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Company Information
Company
Cognition AI
Location
San Francisco, California, United States
About
Cognition AI is a developer of an AI-powered coding assistant that launched its generative AI coding tool, Devin, just over a year ago. Devin is positioned as the world's first AI software engineer, designed to enhance coding efficiency by automating repetitive tasks and predicting bugs. The tool is capable of planning and executing complex engineering tasks, learning over time, and rectifying errors. Cognition AI's innovative approach aims to revolutionize software development through automation.
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San FranciscoSoftwareArtificial IntelligenceMachine LearningNatural Language Processinginformation technology & services