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Cognition AI raises $2B in Series E funding at $48B valuation.
PRIVATESep 08, 2026•about 3 hours ago
Amount Raised
$2 Billion
Round Type
Series E
San FranciscoSoftwareArtificial IntelligenceMachine LearningNatural Language Processinginformation technology & services
Description
Cognition AI has closed a Series E funding round, raising $2 billion in new capital. The round values the company at $48 billion post-money. This funding will support the company's continued growth and development. The investment reflects strong investor confidence in Cognition AI's technology and market position.
Company Information
Company
Cognition AI
Location
San Francisco, California, United States
About
Cognition AI is a developer of an AI-powered coding assistant that launched its generative AI coding tool, Devin, just over a year ago. Devin is positioned as the world's first AI software engineer, designed to enhance coding efficiency by automating repetitive tasks and predicting bugs. The tool is capable of planning and executing complex engineering tasks, learning over time, and rectifying errors. Cognition AI's innovative approach aims to revolutionize software development through automation.
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San FranciscoSoftwareArtificial IntelligenceMachine LearningNatural Language Processinginformation technology & services