Cognition reportedly raising $1B at $47B valuation
rohanpaul_ai · x · 2026-09-02
Bloomberg reports that Cognition, the maker of Devin, is set to raise about $1B at a $47B valuation, which would be 52X its annualized revenue. The round received nearly $10B in investor interest. Only 3 months ago, Cognition raised over $1B at a $26B post-money valuation with $492M in annualized revenue, which has now reportedly passed $900M.
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