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Robinhood Ventures invests $10M in Cognition, citing a non-winner-takes-all coding tools market

10/23/2026 — 10/23, 17:28·1 sources (all)·1 reports (all)

Key takeaways

  • According to Fortune, Robinhood Ventures has invested $10 million in AI coding tool maker Cognition. A Robinhood executive noted that it is…

Background & analysis

On October 23, 2026, Fortune reported that Robinhood Ventures invested $10M in Cognition, the maker of the AI coding tool Devin. Sarah Pinto, head of Robinhood Ventures, said it was not a winner-take-all market and noted that Robinhood had previously backed a rival of Cognition. No other terms of the investment or any follow-up developments were disclosed in the available reporting.

AI-generated from 1 reports · updated 50 minutes ago

Latest turnAccording to Fortune, Robinhood Ventures has invested $10 million in AI coding tool maker Cognition. A Robinhood executive noted that it is not a winner-take-all market, following their previous backing of a rival.

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  1. According to Fortune, Robinhood Ventures has invested $10 million in AI coding tool maker Cognition. A Robinhood executive noted that it is not a winner-take-all market, following their previous backing of a rival.

    FortuneAI score 61

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