Funding
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Cognition
AISeries C · $1B
Cognition develops Devin, an autonomous AI software engineer serving enterprise clients. The company reached roughly $492M in annualized revenue run-rate with rapid month-over-month growth.
Funding Round
Series C
AI
Amount Raised
$1B
Amount raised in this round
Investor Info
Founders FundLux CapitalGeneral Catalyst8VCRibbit CapitalElad Gil
Funding Date
2026-05-27
Round close date
Use of Funds
Valuation
$25B
Post-money valuation