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Fortune Term Sheet· Morgan Chittum·· 3 hours agoTop DealsAI Score58

Robinhood invests $10M in AI coding startup Cognition after backing OpenAI

EXCLUSIVE: Robinhood bets $10 million on AI coding tool maker Cognition—after previously backing a rival

AI Overview

Robinhood Ventures invested $10 million in Cognition as part of the startup's September Series E.

Why it matters

Robinhood's second AI coding bet shows investors treating the category as multi-winner, with Cognition's revenue run rate nearly doubling in four months.

Source:Fortune Term Sheet · fortune.com

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