{"id":95730,"date":"2026-09-09T06:06:47","date_gmt":"2026-09-09T10:06:47","guid":{"rendered":"https:\/\/hedgeco.net\/news\/09\/2026\/cognition-raised-over-2-billion-at-a-48-billion-valuation.html"},"modified":"2026-09-09T06:06:47","modified_gmt":"2026-09-09T10:06:47","slug":"cognition-raised-over-2-billion-at-a-48-billion-valuation","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2026\/cognition-raised-over-2-billion-at-a-48-billion-valuation.html","title":{"rendered":"Cognition Raised Over $2 Billion at a $48 Billion Valuation:"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2026\/09\/2026-09-09-cognition-hero.jpg\" alt=\"Cognition Raised Over $2 Billion at a $48 Billion Valuation:\" \/><\/p>\n<p>HedgeCo.Net \u2014 Cognition said on September 8 it raised over $2 billion in a Series E at a $48 billion valuation. The company\u2019s blog named new lead investors Andreessen Horowitz and Accel alongside existing backers Founders Fund, General Catalyst, and Avenir. Reuters independently printed the same $2 billion \/ $48 billion Series E framing and the same lead and existing-investor slate. Bloomberg carried the same valuation and lead roster tied to Cognition\u2019s announcement post.<\/p>\n<p>Cognition said company-stated run-rate revenue has grown from $492 million at its May round to almost $900 million. The May financing was $1 billion at a $26 billion valuation, so Tuesday\u2019s mark nearly doubles the prior private valuation on the firm\u2019s own figures. Cognition builds autonomous software-engineering agents under the Devin brand; the firm said customers include engineering teams at NVIDIA, GE Aerospace, Citi, Mercedes-Benz, and Modal.<\/p>\n<p>This is a closed late-stage venture round with company-stated revenue run-rate, not audited annual revenue. Treat over $2 billion raised, $48 billion post-money, a16z\/Accel as new leads, and the $492 million ? almost $900 million run-rate path as Cognition\u2019s disclosed tape, corroborated on size and leads by Reuters and Bloomberg. Do not invent ownership percentages, a secondary component, or a public-market comparable. The allocator object is mega-round AI application software with agentic coding as the product wedge.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.Net \u2014 Cognition said on September 8 it raised over $2 billion in a Series E at a $48 billion valuation. The company\u2019s blog named new lead investors Andreessen Horowitz and \u2026 <a class=\"continue_reading_link btn btn-mini\" href=\"https:\/\/hedgeco.net\/news\/09\/2026\/cognition-raised-over-2-billion-at-a-48-billion-valuation.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":95729,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16286],"tags":[10158,19367,19078,19364,19365,19366],"class_list":["post-95730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-venture-capital","tag-accel","tag-ai-coding","tag-andreessen-horowitz","tag-cognition","tag-devin","tag-series-e"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=95730"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95730\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/95729"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=95730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=95730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=95730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}