AI coding startup Cognition raises $1 billion at $26 billion valuation to enhance its AI models and customer experience.
PRIVATEMay 27, 2026
Amount Raised
$1 Billion
Round Type
Funding Round
San FranciscoSoftwareArtificial IntelligenceMachine LearningNatural Language Processinginformation technology & services
Description
AI startup Cognition has secured over one billion dollars in a new funding round, increasing its valuation to twenty-six billion dollars. Their AI agent, Devin, automates programming for engineers. This funding highlights strong investor interest in AI for software development. Cognition plans to utilize the funds to improve its AI models and customer experience.
Who to call at Cognition AI, and when
A new round usually means Cognition AI is about to hire and buy. The teams that reach out first get the meeting.
An alert the day Cognition AI raises, hires an executive or expands, scored against what you sell
The decision-makers there, with verified emails
Who you already know at Cognition AI, from your own LinkedIn network
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce★★★★★4.8/5 on G2
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.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Cognition AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.