Cognition Raises $2B at $48B Valuation as ARR Nears $900M
ivan_bezdomny · x · 2026-09-09
Cognition, maker of Devin, has closed a $2 billion round at a $48 billion valuation, with ARR growing 83% from $492M in May to nearly $900M.
- Investors: a16z, Accel, Founders Fund, General Catalyst, and Avenir led; NVIDIA participated and says it uses Cognition for chip design.
- Product: Devin automations monitor Slack channels and autonomously investigate and remediate alerts; Devin Security Swarm scans large codebases to find and triage multi-step exploits.
- Customers/expansion: GE Aerospace, Citi, Mercedes-Benz; new offices in Tokyo, Singapore, London, São Paulo, Madrid, and D.C.
Related event: Cognition Raises $2B+ at $48B Valuation as ARR Nears $900M(11 posts)→
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