Funding round
Cognition Growth
Reported as "Growth Equity"
Cognition, which works in applied AI solutions development in San Francisco, raised $1.00B in a Growth round announced on 27 May 2026, led by Lux Capital, General Catalyst and 8VC, at a $26.00B post-money valuation. 16 firms took part, 13 of them already investors. It is Cognition's second venture round on record; the one before was a Growth in Apr 2024.
$1.00B
Amount raised
$26.00B
Post-money valuation
$25.00B pre-money
16
Investors
3 leads
13x
Step-up from the Growth
$2.00B in Apr 2024
3.8%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Cognition at $26.00B after the new money, 13.0 times the $2.00B of its Growth (Apr 2024). The $1.00B bought investors about 3.8% of the company. It came 25 months after Cognition's Growth. It is 85% of the $1.18B Cognition has raised in the venture rounds on record. No later venture round is on record for Cognition.
Cognition's funding rounds
Cognition has 2 venture rounds on record. This one is highlighted.
- Growth 1 Apr 2024, led by Founders Fund $175M$2.00B post-money
- Growth this round 27 May 2026, led by Lux Capital, General Catalyst and 8VC $1.00B$26.00B post-money
Investors
Who put money in
Lux Capital, General Catalyst and 8VC led the round with 13 other firms. Lux Capital, General Catalyst, 8VC and Founders Fund and 9 more had backed Cognition before.
Lead investors
- Lux Capital backs 194 venture-backed companies existing investor
- General Catalyst backs 574 venture-backed companies existing investor
- 8VC existing investor
Also in the round
- Founders Fund backs 368 venture-backed companies existing investor
- Elad Gil existing investor
- Alpha Wave Global backs 78 venture-backed companies existing investor
- Bain Capital Ventures backs 220 venture-backed companies existing investor
- backs 27 venture-backed companies existing investor
- Definition Capital existing investor
- backs 20 venture-backed companies existing investor
- 137 Ventures backs 25 venture-backed companies existing investor
- Ribbit backs 126 venture-backed companies new investor
- Atreides Management backs 53 venture-backed companies new investor
- Layer Global new investor
- Soma Capital backs 206 venture-backed companies existing investor
- Omri Casspi existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, sales and marketing, scaling operations, acquisitions and working capital.
- Product development
- Sales and marketing
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
305 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 17 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Solace Tech Companies | 5 May 2026 | $790M | not disclosed | not named |
| Rightsline Tech Companies | 27 May 2026 | $500M | not disclosed | Hg |
| Decart Tech Companies | 18 May 2026 | $300M | $4.00B | Radical Ventures |
| Tech Companies | 19 May 2026 | $145M | $1.60B | not named |
| Tech Companies | 6 May 2026 | $136M | not disclosed | not named |
| Athelas Tech Companies | 19 May 2026 | $70M | $7.00B | General Catalyst |
| Tech Companies | 28 May 2026 | $40M | not disclosed | CVS Health Ventures |
| Tech Companies | 13 May 2026 | $34M | not disclosed | National Wealth Fund |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Cognition raise in its Growth round?
Cognition raised $1.00B in its Growth round, announced in May 2026.
Who led Cognition's Growth round?
Lux Capital, General Catalyst and 8VC led it, with Founders Fund, Elad Gil, Alpha Wave Global, Bain Capital Ventures and Vitruvian Partners and 8 more.
What was Cognition's valuation at the Growth round?
$26.00B post-money ($25.00B pre-money).
How does it compare with other Growth rounds in Tech Companies?
305 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 17 times the median.