Cognition heads for $47B valuation as Devin revenue nears $1B
Tech Funding News 1 month ago 6
Cognition is nearing a new funding round that would value the company at about $47 billion, after reporting annualised revenue above $900 million. The round is described as roughly $1 billion and investor demand has reportedly reached nearly $10 billion. If it closes, Cognition would raise fresh capital at a valuation nearly double the $26 billion level from its May round.