From the source

Do it all with Devin: Announcing our Series E

Cognition raises $2B at $48B valuation; Devin run-rate revenue grows to $900M.

Cognition announced it has raised over $2 billion at a $48 billion valuation in a Series E round led by Andreessen Horowitz and Accel, with participation from numerous other investors.

The company's run-rate revenue has grown from $492 million to nearly $900 million since May.

Devin, its AI software engineering agent, is now used by companies including NVIDIA, GE Aerospace, Citi, Mercedes-Benz, and Modal.

From the source
Cognition has raised over $2B at a $48B valuation. The round was led by new investors Andreessen Horowitz and Accel, alongside existing investors Founders Fund, General Catalyst, and Avenir.
cognition.com

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