This work presents a comprehensive investigation of novel organic dyes MD‐1‐2 as active acid and base co‐sensitizers in dye‐sensitized solar cells (DSSCs), using well‐known Ru(II)‐based N3 dyes. These co‐sensitizers contain a triphenylamine ring as a donor scaffold linked with an electron‐withdrawing cyanopyridyl and cyano benzoic acid acceptor for MD‐1‐2. In this study, we demonstrated the significant impact of base dyes with pyridine anchoring units on the photovoltaic parameters of N3‐sensitized devices. This methodology takes advantage of the ability of carboxyl and pyridyl moieties to interact with the Brønsted acid and Lewis acid sites on TiO2 surfaces, respectively. By reducing competition between dyes for surface binding, dye packing density on the TiO2 is enhanced while electron recombination is minimized, leading to higher photovoltage. Furthermore, the influence of varying sensitizer/co‐sensitizer ratios was comprehensively studied. Outcomes showed devices made using co‐sensitizer MD‐1‐2 with sensitizer N3 at all relative concentrations surpassed those with only N3. Importantly, the co‐sensitized devices that were made utilizing 0.3 mM acid–base MD‐1 and N3 sensitizer had the greatest solar energy capacity. It had a power conversion efficiency of 10.35%, a short‐circuit current density of 20.01 mA·cm−2, and an open‐circuit voltage of 752 mV. The results provide fresh insight into optimizing devices to create DSSCs with improved efficiency by choosing acceptable co‐sensitizers at suitable concentrations.