About Cohere
Cohere is a company based in New York (United States) founded in 2020 by Yunyu Lin was acquired by Ramp in June 2023.. Cohere has raised $3.1 million across 1 funding round from investors including Ramp, Initialized Capital and Y Combinator. Cohere offers products and services including Cohere Assist, SmartRoute, Cobrowse, SmartCompose, and Insights. Cohere operates in a competitive market with competitors including Dialpad, Freshworks, Twilio, Sprinklr and Observe.AI, among others.
- Headquarter New York, United States
- Founders Yunyu Lin
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Caldera Labs Inc
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Products & Services of Cohere
Cohere offers a comprehensive portfolio of products and services, including Cohere Assist, SmartRoute, Cobrowse, SmartCompose, and Insights. 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.
Chrome extension for automating customer inquiries and resolutions.
AI system for directing and resolving customer support tickets.
Feature for joint browsing during customer interactions.
AI-assisted composition of personalized support replies.
Platform for analyzing customer trends and support gaps.
Funding Insights of Cohere
Cohere has successfully raised a total of $3.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.1 million completed in March 2021. 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 1
- Last Round Seed — $3.1M
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First Round
First Round
(15 Mar 2021)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2021 | Amount | Seed - Cohere | Valuation | Initialized Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Cohere
Cohere has secured backing from 24 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Ramp, Initialized Capital and Y Combinator. 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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Seed and early-stage technology investments are managed by the firm.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Early-stage investments are provided by Soma Capital to startups.
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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
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cohere
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Comparisons
Competitors of Cohere
Cohere 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 Dialpad, Freshworks, Twilio, Sprinklr and Observe.AI, 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 |
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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Cloud-based business process management suite solutions are delivered.
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| domain | founded_year | HQ Location |
Cloud-based omnichannel communication and customer engagement platform is utilized.
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| domain | founded_year | HQ Location |
Cloud-based customer experience management software is provided for brands.
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| domain | founded_year | HQ Location |
AI-powered conversation intelligence and automation are provided for contact centers.
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| domain | founded_year | HQ Location |
Tools for customer engagement across multiple channels are provided.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cohere
Frequently Asked Questions about Cohere
When was Cohere founded?
Cohere was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Cohere located?
Cohere is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Cohere a funded company?
Cohere is a funded company, having raised a total of $3.1M across 1 funding round to date. The company's 1st funding round was a Seed of $3.1M, raised on Mar 15, 2021.
What does Cohere do?
Provider of customer support, onboarding, and video based engagement platform. The platform offers tools that help businesses in engaging customers using personalized videos for providing customer onboarding experiences. It lets businesses in engaging customers one on one basis. Also, it collects the product related issues from customers to optimize the product strategies.
Who are the top competitors of Cohere?
Cohere's top competitors include Twilio, Freshworks and Dialpad.
What products or services does Cohere offer?
Cohere offers Cohere Assist, SmartRoute, Cobrowse, SmartCompose, and Insights.
Who are Cohere's investors?
Cohere has 24 investors. Key investors include Ramp, Initialized Capital, Y Combinator, Soma Capital, and BoxGroup.
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