Cognition AI (Devin)

Cognition AI is the developer of Devin, the world's first AI software engineer agent capable of autonomously completing complex engineering tasks end-to-end. Devin 2.0 (March 2025) dramatically reduced pricing from $500 to $20/month. Cognition acquired Windsurf on 14 July 2025, days after OpenAI's deal collapsed and Google licensed its technology, on undisclosed terms; it came with 350+ enterprise customers and about $82M of ARR, and was later folded into Devin Desktop. Customers include Goldman Sachs, Mercedes-Benz, Citi and Santander.

1. 2023Cognition AI founded
2. Mar 2024Devin unveiled — 'world's first AI software engineer'; viral media coverage
3. 2024$175M Series A at $2B valuation (Founders Fund); Devin invite-only at $500/mo
4. Mar 2025Devin 2.0 — price cut to $20/mo; collaborative mode; expanded access
5. Jul 2025Acquired Windsurf (Codeium) on 14 July on undisclosed terms, days after OpenAI's reported $3B deal lapsed
6. 2026SWE-1.5/1.6 coding models; Windsurf renamed Devin Desktop (2 Jun); Goldman Sachs pilot; Series E at $48B (Sep)

• Devin 2.0 (AI software engineer)
• Devin Desktop (Windsurf IDE rebranded)
• Devin API
• SWE-1 / SWE-1.5 coding models