Cognition Hits $48B, Nearly Double Its May Valuation
Devin maker Cognition raised more than $2 billion in a Series E at a $48 billion post-money valuation on September 8, led by new investors Andreessen Horowitz and Accel. Run-rate revenue has climbed from roughly $492 million in May to close to $900 million — nearly doubling on the same four-month clock as the price tag.