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Cognition (Devin)

Tier 1 · coding-agent · code-generation · Autonomous AI software engineer. · rank #10 · VC-attention 88.4

Cognition (Devin) is an autonomous AI software engineer capable of performing complex development tasks from planning to execution.

ARR / revenue$492.0M [reported · conf 0.22]2026
VentureBeat · news · 2025-09-08 — "doubles ARR with Windsurf"
Sacra · news · 2026-05-20 — "annualized revenue run rate stands at $492 million"
Latest round amount$1.0B [consensus · conf 0.717]2026
VentureBeat · news · 2025-09-08 — "Cognition raises $400M"
CryptoRank · news · 2026-08-13 — "three months after $1B round"
Sacra · news · 2026-05-27 — "raised more than $1 billion (Lux, General Catalyst, 8VC)"
Valuation ⚑ public-source discrepancy$40.0B in talks · $26.0B confirmed '26 [consensus · conf 0.522]2026range $26.0B–$40.0B · consensus $40.0B · as of 2026-08-13valuation: $26.0B (2026-05-27) → $40.0B (2026-08-13)
CryptoRank · news · 2026-08-13 — "Cognition reportedly in talks to raise at $40B valuation"
디지털투데이 · news · 2026-08-12 — "AI coding startup Cognition in talks for new funding at $40 billion valuation"
VentureBeat · news · 2026-05-27 — "raised more than $1 billion at a $26 billion post-money valuation"
Valuation / ARR53 [reported · conf 0.112]2026revenue_multiple: 53 (2026-05-27) → 51 (2026-05-28)
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