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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 475 active competitors, including 96 funded and 33 that have exited. Its top competitors include companies like OpenAI, Mistral AI and Anthropic.

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
Social
X
Email ID
*****@cohere.ai
Key Metrics
Founded Year
2019
Location
Toronto, Canada
Stage
Series D
Total Funding
$1.54B in 7 rounds
Latest Funding Round
Post Money Valuation
$7B as on Sep 24, 2025
Ranked
Employee Count
940 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
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Cohere's funding and investors

Cohere has raised a total funding of $1.54B over 7 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 29 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Cohere:lockFilter this list
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
-
Jun 04, 2024
$500M
Series D
$5B
-
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Cohere's founders and board of directors

Founder? Claim Profile
The 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:

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
4y 11m
Independent board member
-
Current
4y 11m
Independent board member
-
Current
6y 4m
Independent board member
-
Current
6y 8m
Independent board member
-
Current
1y 10m

Cohere's employee count trend

Cohere has 940 employees as of Apr 26. Here is Cohere's employee count trend over the years:
Employee count trend for Cohere
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Cohere's Competitors and alternates

Top competitors of Cohere include OpenAI, Mistral AI and Anthropic. Here is the list of Top 10 competitors of Cohere, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for OpenAI
OpenAI
2015, San Francisco (United States), Series G
Developer of artificial intelligence models tools and research-driven platforms
$180B
89/100
2nd
Logo for Mistral AI
Mistral AI
2023, Paris (France), Series C
Developer of frontier AI models, assistants, agents, and related services
$3.05B
84/100
3rd
Logo for Anthropic
Anthropic
2021, San Francisco (United States), Series G
Platform offering conversational chatbot and research services
$72.3B
82/100
4th
Logo for Glean
Glean
2019, Palo Alto (United States), Series F
Cloud-based platform for enterprise search
$765M
78/100
5th
Logo for Cohere
Cohere
2019, Toronto (Canada), Series D
Developer of enterprise AI platform and multilingual language and retrieval models
$1.54B
77/100
6th
Logo for You Technologies
You Technologies
2020, Palo Alto (United States), Series C
AI-enabled key-word based private search engine
$199M
75/100
7th
Logo for Elastic
Elastic
2012, San Francisco (United States), Public
Cloud based text analytics platform
$104M
72/100
8th
Logo for Sakana
Sakana
2023, Tokyo (Japan), Series B
Provider of AI research laboratory services
$379M
71/100
9th
Logo for xAI
xAI
2023, Palo Alto (United States), Acquired
Platform providing AI-powered assistant for image generation and trend analysis
$45B
71/100
10th
Logo for Lucidworks
Lucidworks
2007, San Francisco (United States), Series F
Provider of AI-powered search and discovery platform for digital experiences
$218M
70/100
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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:lockFilter this list
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)
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News related to Cohere

lockFilter this list
Media has covered Cohere for a total of 57 events in the last 1 year, 23 of them have been about company updates and 16 about partnerships.
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