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.

How many employees does Cohere Health have?

As of Sep 30, 2026, the latest employee count at Cohere Health is 1019.

Is Cohere Health a funded company?

Cohere Health is a funded company, having raised a total of $200M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 16, 2020.

How much is Cohere Health worth?

The latest valuation of Cohere Health is $***** as of May 14, 2025. This marks a decline of 87% from its peak valuation of $5.5B in Feb, 2024. This marks a decline of 87% from its peak valuation of $5.5B in Feb, 2024.

When was the latest funding round of Cohere Health?

Cohere Health's latest funding was a $***** Series C round on May 14, 2025, with participation from 6 investors. Its primary sector is Healthcare Payer Tech. In United States, the Healthcare Payer Tech sector has seen $1.79B in funding in 2026 to date.

Where does Cohere Health rank among its competitors?

Cohere Health ranks 2nd amongst 121 active competitors, of which 21 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Forus, which secured $150M in Sep, 2026.

Who are the top competitors of Cohere Health?

Cohere Health's top competitors include SamaCare, Humata and OncoHealth. Among them, Forus secured the most recent funding round in September, 2026.

Cohere Health - 2026 Company Profile, Team, Funding & Competitors

Cohere Health is a series C company based in Boston (United States), founded in 2019 by Duncan Reece and Clay Williams. It operates as a Provider of prior authorization solutions to improve patient care. Cohere Health has raised $200M in funding from investors like Temasek, Deerfield and Flare Capital Partners, with a current valuation of $*****. The company has 121 active competitors, including 21 funded and 5 that have exited. Its top competitors include companies like SamaCare, Humata and OncoHealth.

Company Details

Provider of prior authorization solutions to improve patient care. The company's solutions include Cohere Unify, Cohere Complete, and Cohere Platform that aim to streamline the prior authorization process and improve care access and quality outcomes.

Website: www.coherehealth.com/
Social
Email ID: *****@coherehealth.com
Phone Number: +1 **********

Key Metrics

Founded Year

2019

Location

Boston, United States

Stage

Series C

Total Funding

$200M in 3 rounds

Latest Funding Round

Series C, May 14, 2025, $*****

Post Money Valuation

$***** as on May 14, 2025

Investors

Temasek & 6 more

Ranked

2^nd among 121 active competitors

Employee Count

1,019 as on Sep 30, 2026

Investment & Acquisitions

Zigna Technologies

Similar Companies

SamaCare & 44 more

View Cohere Health's full profile

Cohere Health has raised a total funding of $200M over 3 rounds. Its first funding round was on Jul 16, 2020. Its latest funding round was a Series C round on May 14, 2025 for $*****. 6 investors participated in its latest round. Cohere Health has 7 institutional investors.

Here is the list of recent funding rounds of Cohere Health:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 14, 2025	9698582	Series C	2560663	5700326	3751508	8276567
Feb 01, 2024	5619634	Series B	4105212	3184800	3271324	Define Ventures & 3 more
Jul 16, 2020	9733121	Series A	9554325	1700196	Flare Capital Partners	Define Ventures

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View details of Cohere Health's funding rounds and investors

The founders of Cohere Health are Duncan Reece and Clay Williams.

Here are the details of Cohere Health's key team members:

Duncan Reece: Former Co-Founder of Cohere Health.
Clay Williams: Former Co-Founder of Cohere Health.

View details of Cohere Health's Founder profiles and Board Members

Cohere Health's employee count trend

Cohere Health has 1,019 employees as of Sep 26. Here is Cohere Health's employee count trend over the years:

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Top competitors of Cohere Health include SamaCare, Humata and OncoHealth. Here is the list of Top 10 competitors of Cohere Health, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SamaCare 2010, San Francisco (United States), Series B	Provider of platform to manage prior authorisation solutions	$34.8M	Questa Capital, Vive & 5 others	67/100
2nd	Cohere Health 2019, Boston (United States), Series C	Provider of prior authorization solutions to improve patient care	$200M	Longitude Capital, Temasek & 5 others	64/100
3rd	Humata 2023, Winter Park (United States), Acquired	Platform offering prior authorization processes through AI and automation	$25M	LRVHealth, BVF & 3 others	63/100
4th	OncoHealth 2009, Atlanta (United States), Acquired	Online platform providing health solutions for providers and patients involved in cancer care.	$56.5M	Oak HC/FT, Baird Capital & 4 others	61/100
5th	Arrive Health 2013, Denver (United States), Series B	Provider of information services to patients	$62.5M	Allumia Ventures, JAZZ Venture Partners & 11 others	57/100
6th	Basys.ai 2022, Cambridge (United States), Seed	Provider of SaaS-based platform for clinical decision-making for doctors at hospitals	$2.4M	Nina Capital, Lilly & 8 others	56/100
7th	Silna Health 2023, New York City (United States), Series A	Provider of healthcare company specializing in automating benefits and prior authorization processes for providers	$27M	Accel, Bain Capital Ventures	53/100
8th	Forus 2023, New York City (United States), Series C	Developer of software automating prescription prior authorization and medication access	$310M	Bain Capital Ventures, Redpoint Ventures & 8 others	50/100
9th	Rhyme 2014, New Albany (United States), Series C	Developer of automated software for processing medical prior authorization requests	$57M	Rev1 Ventures, Insight Partners & 8 others	44/100
10th	Banjo Health 2019, Boston (United States), Series A	AI-based prior authorization solution for healthcare organizations	$7M	Epsilon Health Investors, Tau Ventures & 2 others	43/100