About Cohere
Cohere is a company based in Toronto (Canada) founded in 2019 by Nick Frosst, Ivan Zhang, and Aidan Gomez. It operates as a AI-as-a-Service, and Managed Services. Cohere has raised $1.54 billion across 7 funding rounds from investors including Oracle, Nvidia and AMD. Cohere has completed 1 acquisition, including Ottogrid. Cohere offers products and services including North, Compass, Command, Embed, and Rerank. Cohere operates in a competitive market with competitors including Meltwater, Primer, Clarabridge, Elastic and Coveo, among others.
- Headquarter Toronto, Canada
- Founders Nick Frosst, Ivan Zhang, Aidan Gomez
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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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Products & Services of Cohere
Cohere offers a comprehensive portfolio of products and services, including North, Compass, Command, Embed, and Rerank. 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.
An AI platform enhancing enterprise workplace productivity efficiently.
A search system uncovering valuable business insights effectively.
High-performance language models supporting scalable AI applications.
Multimodal tool enabling semantic search and retrieval.
Model boosting search quality with semantic relevance.
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Funding Insights of Cohere
Cohere has successfully raised a total of $1.54B across 7 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in September 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 7
- Last Round Series D — $100.0M
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First Round
First Round
(07 Sep 2021)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series D - Cohere | Valuation |
investors |
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| Aug, 2025 | Amount | Series D - Cohere | Valuation | Radical Ventures , Inovia Capital | |
| Jun, 2024 | Amount | Series D - Cohere | Valuation | Cisco , PSP Investments |
| 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 |
Investors in Cohere
Cohere has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Oracle, Nvidia and AMD. 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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Venture capital firm partnering with enterprise software companies and early-stage funds.
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Founded Year | Domain | Location | |
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Investments are made in early-stage technology companies by Inovia Capital.
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups and entrepreneurs.
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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
Cohere has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ottogrid. 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI tool for task automation through table-based reasoning is offered.
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2023 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cohere
| 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 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 Meltwater, Primer, Clarabridge, Elastic and Coveo, 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 |
Cloud-based social media monitoring and analytics are offered for businesses.
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| domain | founded_year | HQ Location |
AI based text summarization and contextualization software tool
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| domain | founded_year | HQ Location |
Customer intelligence platform on cloud
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| domain | founded_year | HQ Location |
Cloud based text analytics platform
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| domain | founded_year | HQ Location |
Enterprise text analytics are delivered through a cloud-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 2019 and raised its 1st funding round 2 years after it was founded.
Where is Cohere located?
Cohere is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Cohere?
Aidan Gomez is the current CEO of Cohere. They have also founded this company.
Is Cohere a funded company?
Cohere is a funded company, having raised a total of $1.54B across 7 funding rounds to date. The company's 1st funding round was a Series D of $500M, raised on Sep 07, 2021.
What does Cohere do?
Cohere is engaged in delivering enterprise-ready AI platforms and models tailored for business productivity. Solutions are offered across various industries including technology, financial services, healthcare, manufacturing, energy, and the public sector. Advanced AI tools such as North, Compass, Command, Embed, and Rerank are developed to enhance workplace efficiency, search capabilities, and data insights. Security and privacy are prioritized with customizable deployment options to meet specific enterprise needs.
What products or services does Cohere offer?
Cohere offers North, Compass, Command, Embed, and Rerank.
How many acquisitions has Cohere made?
Cohere has made 1 acquisition, including Ottogrid.
Who are Cohere's investors?
Cohere has 25 investors. Key investors include Oracle, Nvidia, AMD, SentinelOne, and Cisco.
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