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    External (via citation)Thursday, September 10, 2026 3 min read
    AI

    Do it all with Devin: Announcing our Series E

    Cognition raised over $2 billion at a $48 billion valuation in a Series E led by Andreessen Horowitz and Accel, with participation from more than 30 other investors. The AI software engineering company's annualized revenue grew from $492…

    Key takeaways
    • 01Devin, its AI engineering agent, is now deployed across major enterprises including NVIDIA, GE Aerospace, Citi, Mercedes-Benz, and Modal, handling tasks from incident triage to security vulnerability detection.
    • 02Cognition has expanded to 9 global offices across 4 continents as it pursues deeper integration into enterprise engineering workflows.
    • 03The company is positioning itself as an independent agent lab, with a long-term vision of autonomous, self-improving software systems where human engineers act primarily as architects.
    In brief · from cognition.com

    Cognition raised over $2 billion at a $48 billion valuation in a Series E led by Andreessen Horowitz and Accel, with participation from more than 30 other investors. The AI software engineering company's annualized revenue grew from $492 million to nearly $900 million since its previous round in May 2026. Devin, its AI engineering agent, is now deployed across major enterprises including NVIDIA, GE Aerospace, Citi, Mercedes-Benz, and Modal, handling tasks from incident triage to security vulnerability detection.

    Read the full article at cognition.com

    Cognition raised over $2 billion at a $48 billion valuation in a Series E led by Andreessen Horowitz and Accel, with participation from more than 30 other investors. The AI software engineering company's annualized revenue grew from $492 million to nearly $900 million since its previous round in May 2026. Devin, its AI engineering agent, is now deployed across major enterprises including NVIDIA, GE Aerospace, Citi, Mercedes-Benz, and Modal, handling tasks from incident triage to security vulnerability detection. Cognition has expanded to 9 global offices across 4 continents as it pursues deeper integration into enterprise engineering workflows. The company is positioning itself as an independent agent lab, with a long-term vision of autonomous, self-improving software systems where human engineers act primarily as architects.

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