Cognition raises $2B at $48B valuation as Devin usage booms

aaref · x · 2026-09-09

Cognition raised $2 billion at a $48 billion post-money valuation. Early investor aaref argues the company has hit an inflection: teens using Devin for coding projects, customers blowing past usage limits happily, and an office buzzing past 11pm — with the team still feeling it's 'very, very early days.'

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