Physix Frontier
Cognition AI
Over $2 billion Series E led by a16z and Accel, with existing investors Founders Fund, General Catalyst, Avenir and others participating; post-money valuation of $48 billion. Previously, in May 2026, a Series D of over $1 billion at a $26 billion valuation.
View funding history →- Valuation
- USD 48B (as of 2026-09)
- Total funding
- USD 3B
- Data cutoff
- 2026-09-27
Company Profile
Cognition is the world's most valuable AI coding company, whose flagship product Devin is described as the 'first AI software engineer' and automates the full software engineering workflow; its annualized revenue run rate has surpassed $1 billion. In May 2026 it raised more than $1 billion in a Series D at a $26 billion post-money valuation, and on September 8, 2026 it announced over $2 billion in Series E funding led by a16z and Accel at a $48 billion post-money valuation. Its customers include NVIDIA, GE Aerospace, Citigroup and Mercedes-Benz.
- Founded
- 2023
- Headquarters
- San Francisco, United States
- Website
- cognition.com