About Cohere Health
Cohere Health is a company based in Boston (United States) founded in 2019.. Cohere Health has raised $150 million across 3 funding rounds from investors including Temasek, Deerfield and Define Ventures. Cohere Health has completed 1 acquisition, including ZignaAI. Cohere Health offers products and services including Cohere Unify Platform, Cohere PaaS, Cohere Connect, and Cohere Complete. Cohere Health operates in a competitive market with competitors including NantHealth, SamaCare, CoverMyMeds, TurningPoint Healthcare Solutions and OncoHealth, among others.
- Headquarter Boston, United States
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Products & Services of Cohere Health
Cohere Health offers a comprehensive portfolio of products and services, including Cohere Unify Platform, Cohere PaaS, Cohere Connect, and Cohere Complete. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI platform for automating end-to-end prior authorization workflows.
Licenses tools for health plans to manage internal utilization processes.
Provides APIs for meeting CMS compliance in prior authorization.
Offers fully delegated utilization management for healthcare plans.
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Software Development Team
45 people
Leadership Team
29 people
Product Management Team
13 people
Senior Team
11 people
Data Analysis and Operations Team
11 people
Medical Team
10 people
Board Team
7 people
Human Resources and Administration
7 people
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Funding Insights of Cohere Health
Cohere Health has successfully raised a total of $150M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $90 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $90.0M
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First Round
First Round
(16 Jul 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series C - Cohere Health | Valuation | Temasek | |
| Feb, 2024 | Amount | Series B - Cohere Health | Valuation | Deerfield | |
| Jul, 2020 | Amount | Series A - Cohere Health | Valuation | Flare Capital Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Cohere Health
Cohere Health has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Temasek, Deerfield and Define Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Healthcare ecosystem is supported through investment and innovation by Deerfield.
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Founded Year | Domain | Location | |
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Define Ventures is focused on early-stage health tech investments.
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Early-stage tech startups are funded by this venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cohere Health
Cohere Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ZignaAI. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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Provides AI-driven tools for healthcare payments, accuracy, and cost comparison services.
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cohere Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cohere Health Comparisons
Competitors of Cohere Health
Cohere Health operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NantHealth, SamaCare, CoverMyMeds, TurningPoint Healthcare Solutions and OncoHealth, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Bioinformatics platforms are provided for cancer treatment identification.
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Platform for managing prior authorization solutions in healthcare is offered.
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Provides solutions for medication access, affordability, and prior authorization in healthcare.
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Provider of complex condition management solutions for health plans and providers
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| domain | founded_year | HQ Location |
OncoHealth is focused on delivering oncology-focused digital health solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cohere Health
Frequently Asked Questions about Cohere Health
When was Cohere Health founded?
Cohere Health was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Cohere Health located?
Cohere Health is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Cohere Health?
Siva Namasivayam is the current CEO of Cohere Health.
Is Cohere Health a funded company?
Cohere Health is a funded company, having raised a total of $150M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jul 16, 2020.
What does Cohere Health do?
Founded in 2019 and headquartered in Boston, United States, Cohere Health operates in the healthcare sector. Prior authorization processes are streamlined through solutions such as Cohere Unify, Cohere Complete, and Cohere Platform. Access to care is improved, and quality outcomes are supported across operations in the U.S. market.
Who are the top competitors of Cohere Health?
Cohere Health's top competitors include NantHealth, SamaCare and Glidian.
What products or services does Cohere Health offer?
Cohere Health offers Cohere Unify Platform, Cohere PaaS, Cohere Connect, and Cohere Complete.
How many acquisitions has Cohere Health made?
Cohere Health has made 1 acquisition, including ZignaAI.
Who are Cohere Health's investors?
Cohere Health has 6 investors. Key investors include Temasek, Deerfield, Define Ventures, Flare Capital Partners, and Longitude Capital.