Cognition AIISO/NSO
Cognition AI equity calculator: value your options at the $14B Series B valuation
Calculate the current value of your Cognition AI equity. Creator of Devin, the first autonomous AI software engineer, valued at $14B. Free, no account required.
Cognition AI — current market snapshot
Last primary round
$14B
Series B · 2024-12
Secondary market
—
No recent verified signal
Annual revenue (ARR)
$0.0B
+400% YoY
Equity type
ISO/NSO
Strike: $10–$20
Key things to know
- →Cognition AI last closed round: Series B at $14B — creator of Devin AI.
- →Secondary market implies ~$15.4B, a 10% premium to the last round.
- →Typical strike price range: $10–$20 depending on grant year.
- →IPO plausible 2027–2029 if Devin achieves enterprise scale.
Open the calculator
Enter your actual shares, equity type, and strike price. PrivatePulse uses secondary market data and four independent valuation methods to give you a defensible range.
Calculate my Cognition AI equity →Free · No account required · Takes 2 minutes
Liquidity outlook for Cognition AI
IPO plausible 2027–2029 if growth trajectory holds. Secondary indication near primary round valuation. Liquidity may come via tender offer or strategic acquisition before listing.
As an option holder, you'll need to exercise your ISO/NSO to own shares. Strike price, exercise cost, and tax treatment (ISO vs NSO) all matter. Model carefully with a CPA.
Frequently asked questions
What is my Cognition AI equity worth right now?↓
Cognition AI's Series D (2026) valued the company at $26B. Secondary market data (Hiive, Forge, Caplight) gives a live read on implied valuation — PrivatePulse tracks this and updates every week. Gross value per option = (secondary share price − your strike price). Multiply by your vested count, then subtract taxes. The PrivatePulse calculator handles all of this automatically.
When will Cognition AI go public or offer liquidity?↓
Cognition AI is valued at $26.0B. An IPO is possible in the 2028–2030 timeframe, but the company is still in growth mode and has not indicated a public offering timeline. Secondary market platforms like Hiive and Forge may offer limited liquidity for accredited investors.
What is the Cognition AI strike price for employee options?↓
Strike prices at Cognition AI vary by grant year and cohort. Recent grants typically carry strikes in the $0–$20 range per share. Your grant agreement shows your exact 409A strike. With Cognition AI now implying ~$26B, the intrinsic value per option is (current secondary price per share − your strike); enter your numbers in the PrivatePulse calculator to see the full picture including AMT and vesting schedule.
What's the difference between Cognition AI ISOs and NSOs?↓
Cognition AI typically grants a mix of Incentive Stock Options (ISOs) and Non-Qualified Stock Options (NSOs). ISOs: exercised spread is not taxed as income — instead it creates an AMT preference item. Long-term capital gains treatment is available if you hold shares 2 years from grant and 1 year from exercise. NSOs: exercised spread is ordinary income immediately — simpler but less tax-efficient. Both types require payment of the strike price to exercise. Use the PrivatePulse calculator to model the after-tax outcome under ISO vs NSO treatment at the current $26B implied valuation.