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Cognition Raises Over $2B Series E at $48B Valuation to Scale Devin Agents

What happened

Cognition opened a new office in Madrid as part of its global expansion over the past year.

Source

Article excerpt

Cognition has raised over $2 billion in a Series E round at a $48 billion valuation, the AI software-engineering company announced on September 8, 2026. New investors Andreessen Horowitz and Accel led the round, joined by existing investors Founders Fund, General Catalyst, and Avenir. The company’s Series E announcement lists a broad syndicate of additional participants: Benchmark, Bessemer, Kleiner Perkins, Greylock, Lightspeed, Altimeter, Bond Capital, Meritech, Atreides, Valor, T. Rowe Price, Lux, 8VC, D1, 137 Ventures, DST, Positive Sum, HOF, Soma, BoxGroup, Battery, Ribbit, Swish, Stripes, Definition, Hanabi, Journey, Bain Capital Ventures, Layer Global, A* Capital, Alpha Wave, Alkeon, Diffusion, and NVIDIA. The announcement states that Cognition’s run-rate revenue has grown from $492 million at its previous round in May 2026 to almost $900 million. The company attributed that growth to expanding adoption of Devin, its autonomous software-engineering agent, and said the product powers engineering teams at NVIDIA in chip design, GE Aerospace in aviation, Citi in financial services, Mercedes-Benz in automotive, and Modal in AI infrastructure. Cognition published a chart tracking monthly Devin usage in what it calls Agent Compute Units, showing steep growth between August 2025 and August 2026. The company framed that trajectory as evidence that Devin is becoming an...

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Extracted from this sentence

Over the past year, Cognition opened offices in Washington, D.C., Tokyo, Singapore, London, São Paulo, and Madrid, adding to existing hubs in San Francisco, New York, and Austin.

Extracted by Autobound

From the Signal API record
Event
New location

What this signalsA new site often needs local vendors and services.

Stories
5
Location
Madrid, Community of Madrid, Spain

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The full record

From the Signal API record

Numbers

Stories about this event
5

Extraction

Confidence
90%
Detected
Sep 8, 2026
signal_type
news
signal_subtype
opens_new_location

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/1bb912e6-821e-25e3-ac95-5f9acb9a2dbc returns this record as JSON. POST /v1/companies/enrich returns every signal for cognition.ai.

{
  "signal_id": "1bb912e6-821e-25e3-ac95-5f9acb9a2dbc",
  "signal_type": "news",
  "signal_subtype": "opens_new_location",
  "detected_at": "2026-09-08T17:30:25+00:00",
  "company": {
    "name": "Cognition",
    "domain": "cognition.ai"
  },
  "data": {
    "url": "https://www.unite.ai/cognition-raises-over-2b-series-e-at-48b-valuation-to-scale-devin-agents/",
    "title": "Cognition Raises Over $2B Series E at $48B Valuation to Scale Devin Agents - Unite.AI",
    "excerpt": "Cognition has raised over $2 billion in a Series E round at a $48 billion valuation, the AI software-engineering company announced on September 8, 2026. New investors Andreessen Horowitz and Accel led the round, joined by existing investors Founders Fund, General Catalyst, and Avenir. The company’s Series E announcement lists a broad syndicate of additional participants: Benchmark, Bessemer, Kleiner Perkins, Greylock, Lightspeed, Altimeter, Bond Capital, Meritech, Atreides, Valor, T. Rowe Price, Lux, 8VC, D1, 137 Ventures, DST, Positive Sum, HOF, Soma, BoxGroup, Battery, Ribbit, Swish, Stripes, Definition, Hanabi, Journey, Bain Capital Ventures, Layer Global, A* Capital, Alpha Wave, Alkeon, Diffusion, and NVIDIA. The announcement states that Cognition’s run-rate revenue has grown from $492 million at its previous round in May 2026 to almost $900 million. The company attributed that growth to expanding adoption of Devin, its autonomous software-engineering agent, and said the product powers engineering teams at NVIDIA in chip design, GE Aerospace in aviation, Citi in financial services, Mercedes-Benz in automotive, and Modal in AI infrastructure. Cognition published a chart tracking monthly Devin usage in what it calls Agent Compute Units, showing steep growth between August 2025 and August 2026. The company framed that trajectory as evidence that Devin is becoming an essential...",
    "summary": "Cognition opened a new office in Madrid as part of its global expansion over the past year.",
    "location": "Madrid, Spain",
    "planning": false,
    "image_url": "https://www.unite.ai/wp-content/uploads/2026/09/cognition-raises-2b-series-e-48b-valuation-devin.jpg",
    "confidence": 0.9,
    "published_at": "2026-09-08T17:30:25Z",
    "location_data": [
      {
        "city": "Madrid",
        "state": "Community of Madrid",
        "region": "Southern Europe",
        "country": "Spain",
        "continent": "Europe",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "Over the past year, Cognition opened offices in Washington, D.C., Tokyo, Singapore, London, São Paulo, and Madrid, adding to existing hubs in San Francisco, New York, and Austin."
  }
}

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