AI developer tools companies · cognition.com

Cognition valuation, funding and revenue

Cognition makes Devin, an autonomous AI software engineer, and the Windsurf AI coding editor, sold to engineering teams and enterprises that use AI agents to write, test and maintain code.

Figures checked September 2026. Each one links to its source.

Latest valuation

$48B

September 2026, the company said. cognition.com

Total funding

$2B+

Latest round only; no public total found.

Reported annualized revenue

$1B

September 2026, the company said. cognition.com

Website visits

440K

Estimated, August 2026. -29% on the month before.

What is Cognition's valuation?

Cognition was valued at $48B in September 2026, the company said (cognition.com). A private company's valuation is set when it raises money, so it can be well out of date between rounds.

How much funding has Cognition raised?

No public source states Cognition's total funding. The rounds below are the ones we could confirm; there may be others. The latest round was a $2B Series E in September 2026, led by Andreessen Horowitz and Accel.

Date	Round	Amount	Led by	Valuation	Source
September 2026	Series E	$2B	Andreessen Horowitz, Accel	$48B	cognition.com
May 2026	Series D	$1B	Lux Capital, General Catalyst, 8VC	$26B	techcrunch.com
September 2025	Unnamed round	$400M	Founders Fund	$10.2B	cognition.com

What is Cognition's revenue?

$1B annualized revenue in September 2026, the company said (cognition.com).
$492M annualized revenue in May 2026, the company said (cognition.com).
$73M ARR in June 2025, the company said (cognition.com).

ARR (annual recurring revenue) is the yearly value of current subscriptions; annualized revenue scales a recent month or quarter up to a year. Neither is audited revenue. See what ARR is.

Cognition website traffic

Estimated monthly visits to cognition.com across all channels, rounded. +52% over three months to August 2026.

May 2026290K
June 2026420K
July 2026620K
August 2026440K

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About Cognition

Cognition makes Devin, an autonomous AI software engineer, and the Windsurf AI coding editor, sold to engineering teams and enterprises that use AI agents to write, test and maintain code. cognition.com
Founded in 2024. cognition.com
Founders: Scott Wu, Steven Hao, Walden Yan. forbes.com
The Series E and Series D amounts are stated by the company as 'over $2B' and 'over $1B'; the values recorded are those floors. The May 2026 Series D was at $25 billion pre-money / $26 billion post-money per TechCrunch citing the company announcement. techcrunch.com
At the Series E (8 September 2026) the company said run-rate revenue had grown to 'almost $900M'; that approximate figure is not listed separately because the company said on 25 September 2026 that run rate crossed $1 billion. cognition.com
Cognition acquired Windsurf in July 2025. The company says combined revenue run rate grew from $73M to $500M+ over the following year. The acquisition price was not disclosed in the company post. cognition.com
Founding date conflict: the company blog says 'We started Cognition in January 2024'; other profiles commonly give 2023. The company's own statement is used. cognition.com
The $73M figure is Devin ARR before the Windsurf acquisition (June 2025). cognition.com

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Sources

Checked on 29 September 2026. Traffic figures are third-party estimates, not company-reported numbers.