Cognition
Autonomous software engineering agents for enterprise and individual customers. Its main product, Devin, is an AI coding agent that carries out software development tasks.
Artificial intelligenceAI software engineering agentsSan Francisco, United States
FoundersSince 2023
- Valuation
- $48B
- Total raised
- $3.6B
- Last round · Sep 2026
- Series E
- Founded
- 2023
- Employees
- 350
- Quarters in VP50
- 3
Valuation
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series A | Mar 12, 2024 | $350M | $21M | Founders Fund |
| Funding round | Apr 24, 2024 | $2.0B | $175M | Founders Fund |
| Funding round | Sep 8, 2025 | $10B | $400M | Founders Fund |
| Series D | May 27, 2026 | $26B | $1.0B | 8VC, General Catalyst, and Lux Capital |
| Series E | Sep 8, 2026 | $48B | $2.0B | Accel and Andreessen Horowitz |
Post-money valuation at each priced round. Log scale.Hover a point for the round
Updated
In VP50
- Q4 2023: no place
- Q1 2024: no place
- Q2 2024: no place
- Q3 2024: no place
- Q4 2024: no place
- Q1 2025: no place
- Q2 2025: no place
- Q3 2025: #44
- Q4 2025: no place
- Q1 2026: no place
- Q2 2026: #40
- Q3 2026: #40
- Q4 2026: no place
Place by quarter since Q4 2023. Best place #40, held for two quarters in a row.
Funding rounds
DateRound · leadRaisedValuation



