Cognition AI secures $1B in a Series D round, raising its valuation to $26B, led by Lux Capital, General Catalyst, and 8VC, to further enhance its autonomous AI coding agent, Devin.
Amount Raised
$1 Billion
Round Type
Series D
San FranciscoSoftwareArtificial IntelligenceMachine LearningNatural Language Processinginformation technology & servicesInvestors
Description
Cognition AI just closed a Series D round north of $1 billion, pushing its post-money valuation to $26 billion. This significant increase reflects how the company has more than doubled its valuation in under a year. The Series D was led by Lux Capital, General Catalyst, and 8VC, with participation from previous backers. Cognition’s innovations have transformed its annualized recurring revenue from $37 million to $492 million.
Quick answer
Cognition AI raised $1 Billion in a Series D round, dated May 29, 2026. Investors: Lux Capital, Elad Gil, Ribbit Capital, Founders Fund, General Catalyst and 8VC. Cognition AI is based in San Francisco, California, United States.
- How much did Cognition AI raise?
- Cognition AI raised $1 Billion in a Series D round on May 29, 2026.
- Who invested in Cognition AI?
- Lux Capital, Elad Gil, Ribbit Capital, Founders Fund, General Catalyst and 8VC are named as investors in this round.
- What does Cognition AI do?
- Cognition AI is a developer of an AI-powered coding assistant that launched its generative AI coding tool, Devin, just over a year ago.
- Where is Cognition AI based and how big is it?
- Cognition AI is based in San Francisco, California, United States. Fundz records about 260 employees.
- Who are the decision-makers at Cognition AI?
- Fundz holds 3 contacts at Cognition AI, including the Head of Talent and People Operations - International. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Natural Language Processing and information technology & services around the same time
Companies in the same sectors as Cognition AI that raised within 45 days of this round, from Fundz verified event records.
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
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Related People
Cognition AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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