As Cognition reaches $492 in annualized revenue run rate, it more than doubled its valuation in eight months, it says.
In Brief
Posted:
9:00 AM PDT · May 27, 2026
Image Credits:Cognition
Cognition, the makers of the autonomous AI software engineer named Devin, has raised more than $1 billion at a $25 billion pre-money valuation, the company announced on Wednesday.
Cognition raises $1B at $26B valuation for AI coding agent
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AI coding agent Devin maker Cognition more than doubles its valuation to $26 billion in under nine months
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Cognition AI raises $1 billion at a $26 billion valuation for Devin, its AI coding agent. Revenue grew 13x in a year to $492…
Cognition AI closes a $1B Series D at a $26B valuation, with Devin generating $492M ARR. CEO Scott Wu stresses AI's collaborative…
AI startup Cognition has secured over one billion dollars in a new funding round. This brings its valuation to a massive…
Cognition, the company behind AI software developer Devin, has raised over $1 billion at a valuation north of $26 billion. The…
Cognition has raised over $1 billion in a Series D at a $26 billion valuation, led by Lux Capital, General Catalyst, and 8VC…
coding is an uncapped TAM market
