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Cognition is closing in on a new funding round of around $1 billion at a valuation of roughly $47 billion, driven by demand for its AI software Devin.
PRIVATESep 02, 2026•6 days ago
Amount Raised
$1 Billion
Round Type
Venture - Series Unknown
LexingtonInformation Technology
Description
Cognition is reportedly nearing a $1 billion funding round at a $47 billion valuation. This follows a significant increase in revenue, which has more than doubled to over $900 million since May. Investor interest has surged to nearly $10 billion, highlighting the demand for Cognition's autonomous AI software, Devin. The company has seen rapid growth and recently completed another funding round just three months ago.
Company Information
Company
Cognition
Location
24 HARTWELL AVENUE
Lexington, Massachusetts, United States
About
Cognition Corporation, headquartered in Lexington, Massachusetts, develops, sells, and supports product development and compliance solutions for the life sciences industry and beyond. Our Software-as-a-Service solutions enable customers to structure their data and automate processes with built-in quality processes to save time and money and get products to market faster.
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LexingtonInformation Technology