capital
AI coding startup Cognition raises $1B at $25B pre-money valuation
May 27, 2026
Cognition raised $1 billion at a $25 billion pre-money valuation as it reached a $492 million annualized revenue run rate. The startup more than doubled its valuation in eight months, signaling unusually fast revenue growth and investor demand for AI coding tools.
As Cognition reaches $492 in annualized revenue run rate, it more than doubled its valuation in eight months, it says.
Source: techcrunch.com