Cognition Raises $2B at $48B Valuation as Run-Rate Revenue Nears $900M
LexSokolin · x · 2026-09-09
Cognition, maker of Devin, raised over $2B at a $48B valuation in a Series E led by Andreessen Horowitz and Accel, with Founders Fund, General Catalyst and others participating.
- Run-rate revenue grew from $492M to nearly $900M since the May round
- Customers include NVIDIA (chip design), GE Aerospace, Citi, Mercedes-Benz and Modal
- The company pitches a 'self-driving software' era where proactive agents self-improve software and auto-allocate compute
- Lex Sokolin backs the thesis but wishes Cognition would go public now rather than stay private until a $1T valuation
Related event: Cognition Raises $2B+ at $48B Valuation as ARR Nears $900M(11 posts)→
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