Cognition Stock
| Valuation | $48B1 |
| Valuation Date | Sep 8, 2026 |
| Implied Valuation | $51.04B |
| Last Price | $211.31 |
| 52-Week High | $211.31 |
| 52-Week Low | $43.91 |
| YTD Return | +264.58% |
| 1-Year Return | +381.23% |
| 3-Year Return | n/a |
| Total Funding | $4.31B |
| Latest Round Amount | $2B1 |
| Latest Round | Series E |
| Funding Rounds | 7 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | $900M1 |
| Revenue Type | Run Rate |
| P/S Ratio | 53.3 |
About Cognition
Cognition is an applied artificial intelligence lab that builds autonomous software engineering agents. Its flagship product is Devin, marketed as the first AI software engineer. It is an agent that plans, writes, tests and ships code on its own inside a cloud sandbox equipped with a shell, code editor and browser. In 2025 Cognition acquired the AI coding startup Windsurf and folded its integrated development environment into the product lineup. The company makes money by selling access to Devin through tiered subscription plans for individuals and teams, plus usage-based enterprise contracts used by customers such as Goldman Sachs, Citi and Mercedes-Benz. Cognition was founded in 2023 by Scott Wu, Steven Hao and Walden Yan and is headquartered in San Francisco.
Invest in Cognition
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Cognition bets on Brazil as AI expansion accelerates
CEO Scott Wu said Cognition opened a São Paulo office to serve Latin American customers including Nubank and Itaú, joining London, Tokyo, and Singapore hubs.
Cognition and AWS Sign Multi-Year Strategic Collaboration Agreement
Cognition and AWS entered a multi-year strategic collaboration to help enterprises deploy Devin in production, including legacy modernization projects and AWS Marketplace availability.
Introducing Fusion in Devin Desktop & CLI
Cognition brought Devin Fusion to Desktop and CLI, pairing a frontier lead model with a cost-effective sidekick and reporting up to 39% better efficiency on major coding benchmarks.
Cognition AI raises $2 billion at $48 billion valuation
AI coding startup Cognition AI said on Tuesday it had raised $2 billion in a Series E funding round at a valuation of $48 billion.
Do it all with Devin: Announcing our Series E
Cognition announced a Series E of over $2B at a $48B valuation, led by new investors Andreessen Horowitz and Accel, with existing backers including Founders Fund, General Catalyst and Avenir.
AI Startup Cognition Set to Raise Around $1 Billion at a $47 Billion Value
Bloomberg reports Cognition is set to close a new funding round of about $1 billion at a roughly $47 billion valuation, up from $26 billion in May, with nearly $10 billion in investor interest.
Cognition set to raise $1 billion at $47 billion valuation
Bloomberg reported Cognition is in talks to raise about $1 billion at a roughly $47 billion valuation, up from $26 billion in May, with annualized revenue above $900 million.
Cognition CEO denies report that SpaceX tried to acquire the startup
Elon Musk's SpaceX attempted to acquire AI coding startup Cognition as it works to catch up to OpenAI, Anthropic, and Google in the AI race, Bloomberg reported Wedesday, citing sources familiar with t...
SpaceX Attempted to Buy AI Coding Startup Cognition
SpaceX approached Cognition AI Inc. about a potential acquisition to gain ground in the AI race, according to people familiar with the matter. Ed Ludlow has more on "Bloomberg The Close.
MongoDB Brings Live Operational Data to the Agentic Coding Stack
MongoDB announced that Devin can now query live data and work from current schemas in MongoDB Atlas, announced at MongoDB.local Build Fest, enabling AI agents to take action closer to the application ...
Cognition AI Eyes $40 Billion Valuation From New Funding
Cognition AI is reportedly planning a funding round that could more than double its valuation. The artificial intelligence (AI) coding startup is in discussion with investors about the round, which ma...
AI coding startup Cognition reportedly already in talks to raise at $40B valuation
Bloomberg sources say Cognition is in early talks for a new round that could value the Devin maker at $40 billion or more as its revenue run rate nears $1 billion.
LTM Partners with Cognition To Reduce Cyber Risk in Financial Services
LTM partnered with Cognition to deploy Devin across its cybersecurity practice via BlueVerse RightLogic, a managed service to clear enterprise vulnerability backlogs for financial-services clients.
LTM and Cognition Partner to Reduce Cyber Risk in Financial Services with Devin
LTM announced a strategic partnership with Cognition to deploy Devin as part of its BlueVerse RightLogic cybersecurity framework, targeting financial services with five joint offerings for vulnerabili...
Why Cognition bought Poke: AI personality is becoming a competitive advantage
Cognition acquired Poke maker The Interaction Company to bring proactive, conversational interaction into its Devin coding agent.
Welcoming The Interaction Company
Cognition welcomed The Interaction Company of California, the makers of the Poke personal AI agent, joining the company to expand its always-on cloud agent capabilities.
Cognition Signs MOU with U.S. Department of Energy to Join The Genesis Mission
Cognition signed a memorandum of understanding with the U.S. Department of Energy to join the Genesis Mission, contributing Devin's autonomous software engineering to federal scientific computing init...
Devin Fusion: Frontier Performance at 35% Lower Cost
Cognition launched Devin Fusion, a multi-model routing harness that maintains frontier coding performance while cutting inference costs by 35% on its FrontierCode benchmark.
Devin is Now FedRAMP High In-Process, Unlocking Autonomous AI Engineering for Federal Agencies
Cognition's full platform achieved FedRAMP Class D (High) In-Process status, extending federal authorization beyond Devin Desktop to Devin Cloud's autonomous engineering capabilities.
World Wide Technology Launches ‘Defending at the Speed of AI' Initiative with Horizon3.ai, Empirical Security, Infoblox, and Cognition
ST. LOUIS--(BUSINESS WIRE)--World Wide Technology (WWT), a global technology solutions provider, today announced the launch of “Defending at the Speed of AI,” a global cybersecurity initiative WWT dev...
Cognition and Carahsoft Partner on Federal AI Development Platform
Carahsoft will serve as Cognition's master government aggregator, making Devin available to federal agencies through SEWP V, NASPO ValuePoint, and OMNIA Partners contracts.
Fiserv Turns to Cognition to Modernize Banking Tech
Payments and financial technology provider Fiserv is teaming with AI agent lab Cognition. The collaboration will see the companies use artificial intelligence (AI) software engineer, Devin, to moderni...
Fiserv and Cognition Partner to Modernize Banking Technology and Bring New Capabilities to Clients Faster
NEW YORK and SAN FRANCISCO, May 28, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial technology, and Cognition, the AI agent lab, today announc...
AI coding startup Cognition raises $1B at $25B pre-money valuation
Cognition closed a Series D raising more than $1 billion at a $26 billion post-money valuation, reporting a $492 million annualized revenue run rate.
More Devins in More Places
Cognition announced it raised over $1 billion at a $26 billion valuation led by Lux Capital, General Catalyst, and 8VC, with enterprise usage up more than 10x since the start of 2026.
Cognition Signs MOU with U.S. Department of Energy to Join The Genesis Mission
Cognition joined the DOE's Genesis Mission to apply its Devin autonomous AI engineer to national laboratory research workflows, data pipelines, and security scanning.
Endava Expands Cognition Partnership to Scale Governed Agentic Coding
LONDON--(BUSINESS WIRE)--Endava (NYSE: DAVA), the business transformation group, has today announced a significant expansion of its partnership with Cognition.
Cognizant and Cognition Partner to Scale Autonomous Software Engineering and Deliver Business Value Across Enterprise Operations
Strategic partnership introduces autonomous AI software engineers to the enterprise, augmenting human capabilities to transform the software development lifecycle (SDLC) and accelerate business value....
Infosys and Cognition Announce Strategic Collaboration to Accelerate the AI Value Journey for Global Enterprises
Integrated capabilities of AI Software Engineer Devin and Infosys Topaz Fabric™ to accelerate software development, boost engineering productivity, and deliver faster time-to-market SAN FRANCISCO and ...