The Late Stage 50 · 2026 edition · #19 of 50
Cognition
Cognition operates Devin, an autonomous AI software engineer that plans, writes, tests and ships code inside existing workflows.
The figure
- Revenue
- $1 billion
- In US dollars
- US$1.0bn
- Standing
- stated
- Published
- 25 Sept 2026
- Evidence
- Prior year
- $492 million
- Growth
- —
Context
- Founded
- 2024
- Headquarters
- San Francisco, United States
- Sector
- AI applications
- IA40 2026
- Late · #6
- Website
- cognition.com
- Valuation
- US$48bn
- Status
- Private as of 17 October 2026
Market context
- Last round · Forge
- Series I (10/05/2026): $125.93 per share, $28.73B post-money valuation, $20.21M raised
- Clarity Price
- $265.08 per share
- Last round · Clarity
- Series E (September 2026): $48B post-money, $212.31 per share, $2B raised
Secondary-market indications are published by Forge Global and Clarity (formerly Hiive) on the dates shown; ratings and margins marked “estimate” are a third party's estimates as reported by the named outlet. None is an offer, and none is part of the ranking.
Investing Platform
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Every figure on this page, by source.
- 1Cognition · 25 Sept 2026cognition.com/blog/1b-run-rate
- 2Cognition · 27 May 2026cognition.com/blog/series-d
- 3cognition.comcognition.com/about
- 4IA40 · 19 Oct 2026www.ia40.com/the-list/
- 5Cognitioncognition.com/blog
- 6Forge Global · 9 Oct 2026forgeglobal.com/cognition_stock/
- 7Clarity (formerly Hiive)www.clarity.com/browse-companies/cognition-stock
Every link was opened on 17 October 2026 and the figure read on the page. Secondary-market indications, where shown, are provided by Forge Global and Clarity (formerly Hiive), are not offers, and play no part in the ranking.