Cognition announced that its AI-powered software assistant, Devin, has helped the company achieve an annualized revenue run rate of over $1 billion within less than two years since its launch in January 2024.

The company serves a diverse client base, including prominent enterprises such as GE Aerospace, Rivian, Rohlik, and Exa.

This milestone highlights the fast adoption of Devin among engineering teams across various industries, reflecting its value in enabling companies to quickly develop software projects by automating and optimizing coding tasks.

Cognition aims to create a world where software is good by default, delightful, and ubiquitous.