Cognition
cognition.aiDeveloper of an autonomous artificial intelligence chatbot designed to manage development projects from inception to completion.
Price per share
12M · USD
Funding history
$M raised · $B post-money
Signals
3 latest
Cognition has raised more than $2 billion at a $48 billion valuation
Cognition, the artificial intelligence startup behind the Devin coding assistant, has raised more than $2 billion at a $48 billion valuation including the new funding, nearly double its valuation in May, the company said Tuesday. The round shows coding agent startups are continuing to thrive despite rising competition from Anthropic and OpenAI.
Source: TheInformation
Cognition’s annualized revenue reaches $900 million, tripling this year.
Cognition’s annualized revenue reaches $900 million, tripling this year.Cognition’s cash burn could reach $800 million this year .
Source: TheInformation
AI coding startup Cognition reportedly already in talks to raise at $40B valuation
Cognition, maker of the AI coding agent Devin, is reportedly already talking to investors about raising another funding round with a big leap in valuation, after it raised $1 billion at a $26 billon valuation in May.This new round could deliver at least a $40 billion valuation based on achieving a $1 billion annualized revenue run rate, according to sources cited by Bloomberg.Three months ago, when it announced its last raise, Cognition’s Scott Wu confirmed to TechCrunch that it had achieved a $492 million annualized revenue run rate and that enterprises were growing their usage of Devin by 50% month-over-month for the past six months.
Source: TechCrunch
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