Cohere - About the company
Cohere is a series D company based in Toronto (Canada), founded in 2019 by Aidan Gomez, Ivan Zhang and Nick Frosst. It operates as a Developer of enterprise AI platform and multilingual language and retrieval models. Cohere has raised $1.54B in funding from investors like Inovia Capital, Oracle and Index Ventures, with a current valuation of $7B. The company has 174 active competitors, including 48 funded and 5 that have exited. Its top competitors include companies like OpenAI, Anthropic and Mistral AI.
Sectors and market segments that Cohere operate in
Cohere serves in the High Tech, Native AI market segments.The primary business model of Cohere are:Company Details
Developer of enterprise AI platform and multilingual language and retrieval models. The company provides tools for workplace productivity, intelligent search, and semantic text representation. It offers models for relevance-based result refinement and high-performance generative tasks. The platform supports customization and private deployments, catering to various industries. It also provides developer resources, including API access and technical documentation.
- Website
- cohere.com
- Email ID
- *****@cohere.ai
Key Metrics
Founded Year
2019
Location
Toronto, Canada
Stage
Series D
Total Funding
$1.54B in 8 rounds
Latest Funding Round
Post Money Valuation
$7B as on Sep 24, 2025
Investors
Ranked
4th among 174 active competitors
Employee Count
1,221 as on Sep 30, 2026
Investment & Acquisitions
Legal entities associated with Cohere
Cohere is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Cohere Inc. CIN: 11606786 , Canada, Active | - | - | - | |
Cohere Inc CIN: 7661958 , United States, Active | Oct 18, 2019 | - | - | - |
COHERE LIMITED CIN: 14415074 , United Kingdom, Active | Oct 11, 2022 | - | 1 (As on Dec 31, 2023) | |
Cohere Us Inc CIN: 863737020 , United States, Active | Jan 01, 2019 | - | 200 (As on Dec 31, 2024) | - |
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Cohere's funding and investors
Cohere has raised a total funding of $1.54B over 8 rounds. Its first funding round was on Sep 07, 2021. Its latest funding round was a Series D round on Sep 24, 2025 for $100M. 2 investors participated in its latest round. Cohere has 34 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Cohere:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 24, 2025 | $100M | Series D | $7B | - | - | |
Aug 14, 2025 | $500M | Series D | $6.8B | - | ||
Dec 11, 2024 | $169M | Grant (prize money) | - | - | - |
View details of Cohere's funding rounds and investors
Cohere's founders and board of directors
Founder? Claim ProfileThe founders of Cohere are Aidan Gomez, Ivan Zhang and Nick Frosst. Aidan Gomez is the CEO of Cohere.
Here are the details of Cohere's key team members:
- Aidan Gomez: Co-Founder & CEO of Cohere and founder of 1 other company. They are also an angel investor in 11 startups.Contact Info: 2 email addresses
- Ivan Zhang: Co-Founder of Cohere and founder of 1 other company. They are also an angel investor in 6 startups.Contact Info: 2 email addresses
- Nick Frosst: Co-Founder of Cohere and founder of 1 other company. Contact Info: 2 email addresses
Cohere's Board of Directors
Cohere's board has 5 active members. Michelangelo Volpi, Nicholas Frosst, Jordan M. Jacobs, Zhi Lin Zhang and Ari Shaanan are independent board members.Here is the list of Cohere's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 5y 3m | |
Independent board member | - | Current | 5y 3m | |
Independent board member | - | Current | 6y 8m | |
Independent board member | - | Current | 7y 0m | |
Independent board member | - | Current | 2y 2m |
View details of Cohere's Founder profiles and Board Members
Cohere's employee count trend
Cohere has 1,221 employees as of Sep 26. Here is Cohere's employee count trend over the years:
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Cohere's Competitors and alternates
Top competitors of Cohere include OpenAI, Anthropic and Mistral AI. Here is the list of Top 10 competitors of Cohere, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | OpenAI 2015, San Francisco (United States), Series F | Artificial intelligence research and development platform offering advanced language models | $180B | 89/100 | |
2nd | Anthropic 2021, San Francisco (United States), Series H | Provider of AI safety and research company | $132B | 83/100 | |
3rd | Mistral AI 2023, Paris (France), Series D | Provider of customizable, open-source artificial intelligence models and solutions for various applications | $6.54B | 78/100 | |
4th | Developer of enterprise AI platform and multilingual language and retrieval models | $1.54B | 79/100 | ||
5th | Provider of AI research laboratory services | $379M | 71/100 | ||
6th | Provider of AI cloud infrastructure, foundational models, and applications | $74.9M | 68/100 | ||
7th | Open source based AI assistant for enterprises | $4.4B | 68/100 | ||
8th | AI powered code generation tool for developers | $1.4B | 67/100 | ||
9th | Aleph Alpha 2019, Heidelberg (Germany), Acquired | Provider of an AI-enabled text and image analytics platform | $533M | 66/100 | |
10th | Platform offering AI focused writing and reading assistants | $636M | 66/100 |
Looking for more details on Cohere's competitors? Click here to see the top ones
Cohere's Investments and acquisitions
Cohere has made 2 investments in companies including Borderless AI and Questflow. Cohere has also acquired 3 companies including Reliant AI and Aleph Alpha.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 19, 2026 | Acquisition | 2023 | Montreal (Canada) | |
Apr 26, 2026 | Acquisition | 2019 | Heidelberg (Germany) | |
May 16, 2025 | Acquisition | 2023 | Vancouver (Canada) |
See all acquisitions by Cohere
Reports related to Cohere
Here is the latest report on Cohere's sector:
News related to Cohere
Media has covered Cohere for a total of 56 events in the last 1 year, 28 of them have been about company updates and 16 about partnerships.
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Thales Canada and Cohere Introduce Agentic AI into Royal Canadian Navy OperationsEuropaWire•Oct 06, 2026•Cohere, Thales
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Cohere unveils North 2 AI agent platform with rebuilt orchestration and token spending capsSiliconAngle•Oct 05, 2026•Cohere
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Bell Cyber and Cohere Deploy Sovereign AI for Canadian Cybersecurity OperationsCNW•Sep 23, 2026•Bell, Cohere, Cisco
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Cohere and Aleph Alpha agree to merge in reported $20B dealSiliconAngle•Sep 17, 2026•Cohere, Aleph Alpha
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OpenText and Cohere Partner to Combine Trusted Data with Agentic AICNW•Sep 16, 2026•Cohere, OpenText
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AI firm Cohere in talks to raise as much as $3B at $20B valuation - reportSeeking Alpha•Sep 11, 2026•Cohere
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Cohere Releases Parse 5 for Document Parsing with Focus on Cost-EffectivenessVentureBeat•Aug 28, 2026•Cohere
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