From left: Jeff Wang, Windsurf and Scott Wu, Cognition. Still from Cognition and Windsurf announcement 14 July 2025. Image: Cognition
The latest funding nearly doubles the company’s $26bn May valuation.
AI start-up Cognition has raised more than $2bn for a $48bn valuation in a Series E funding round led by Andreessen Horowitz, Accel, Founders Fund, General Catalyst and Avenir.
The raise was also supported by Benchmark, Bessemer, Kleiner Perkins, Greylock, Lightspeed, Altimeter, Bond Capital, Meritech, Atreides, Valor, T Rowe Price, Lux, 8VC, D1 and 137 Ventures, among a number of other investors. Rumours of a raise first surfaced last month, as reported by Bloomberg.
Founded in 2023, Cognition is behind the AI agent Devin, which is used by the likes of the US army and navy, NASA, and leading businesses including ServiceNow, Infosys and Goldman Sachs.
