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AI coding startup Cognition raises $1B at $25B pre-money valuation

TechCrunch AI Julie Bort May 27, 2026
AI coding startup Cognition raises $1B at $25B pre-money valuation
AI Summary— plain English for professionals

# Cognition's $1 Billion Funding Round Signals Investor Confidence in AI Coding Tools An AI startup called Cognition, which helps programmers write code faster, just raised $1 billion in new funding at a valuation of $25 billion—meaning investors believe the company is worth that much. The company is already making nearly $500 million per year in revenue and has roughly doubled its value in less than a year, suggesting its AI coding tools are becoming genuinely useful and profitable in the real world.

As Cognition reaches $492 million in annualized revenue run rate, it more than doubled its valuation in eight months, it says.

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