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# Cognition raises $2B Series E at $48B valuation
- URL: https://www.enterprisey.com/cognition-raises-2b-series-e-at-48b-valuation/
- Published: 2026-09-08T21:45:00.000Z
- Updated: 2026-10-26T04:17:09.000Z
- Description: Cognition, maker of the Devin AI coding agent, raised more than $2B in a Series E at a $48B valuation, nearly double the $26B it was valued at in May.
- Author: Enterprisey Admin
- Tags: News, Funding

Cognition, maker of the Devin AI coding agent, raised more than $2B in a Series E at a $48B valuation, nearly double the $26B it was valued at in May. ([Dealroom](https://dealroom.co/news/149496-cognition-raises-2b-series-e-at-48b-valuation-to-scale-devin/?ref=enterprisey.com); [Techzine](https://www.techzine.eu/news/devops/144173/cognition-raises-2-billion-and-nearly-doubles-in-value/?ref=enterprisey.com); [AI Business](https://aibusiness.com/generative-ai/ai-coding-startup-cognition-valued-at-48b?ref=enterprisey.com))

Andreessen Horowitz and Accel led as new investors, joined by Founders Fund, General Catalyst, Avenir, Benchmark, Bain Capital Ventures, Kleiner Perkins and others. Cognition said run-rate revenue has grown from $492M at its May Series D to almost $900M. ([Dealroom](https://dealroom.co/news/149496-cognition-raises-2b-series-e-at-48b-valuation-to-scale-devin/?ref=enterprisey.com); [Techzine](https://www.techzine.eu/news/devops/144173/cognition-raises-2-billion-and-nearly-doubles-in-value/?ref=enterprisey.com); [AI Business](https://aibusiness.com/generative-ai/ai-coding-startup-cognition-valued-at-48b?ref=enterprisey.com))