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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 157 active competitors, including 48 funded and 5 that have exited. Its top competitors include companies like OpenAI, Mistral AI and Anthropic.

Sectors and market segments that Cohere operate in

Cohere serves in the Native AI, High Tech 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
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
1,146 as on Jun 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 31 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
5y 1m
Independent board member
-
Current
5y 1m
Independent board member
-
Current
6y 6m
Independent board member
-
Current
6y 10m
Independent board member
-
Current
2y 0m

Cohere's employee count trend

Cohere has 1,146 employees as of Jun 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 F
Artificial intelligence research and development platform offering advanced language models
$180B
89/100
2nd
Logo for Mistral AI
Mistral AI
2023, Paris (France), Series C
Provider of customizable, open-source artificial intelligence models and solutions for various applications
$3.05B
83/100
3rd
Logo for Anthropic
Anthropic
2021, San Francisco (United States), Series H
Provider of AI safety and research company
$132B
83/100
4th
Logo for Cohere
Cohere
2019, Toronto (Canada), Series D
Developer of enterprise AI platform and multilingual language and retrieval models
$1.54B
78/100
5th
Logo for Sakana
Sakana
2023, Tokyo (Japan), Series B
Provider of AI research laboratory services
$379M
71/100
6th
Logo for Krutrim
Krutrim
2023, Bengaluru (India), Series B
Provider of AI cloud infrastructure, foundational models, and applications
$74.9M
68/100
7th
Logo for DeepSeek
DeepSeek
2023, Hangzhou (China), Series A
Open source based AI assistant for enterprises
$4.4B
67/100
8th
Logo for Aleph Alpha
Aleph Alpha
2019, Heidelberg (Germany), Acquired
Provider of an AI-enabled text and image analytics platform
$533M
66/100
9th
Logo for AI21 Labs
AI21 Labs
2017, Tel Aviv (Israel), Series D
Platform offering AI focused writing and reading assistants
$636M
66/100
10th
Logo for ReflectionAI
ReflectionAI
2024, Brooklyn (United States), Series B
Developer of autonomous coding systems
$2.13B
66/100
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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 62 events in the last 1 year, 25 of them have been about company updates and 19 about partnerships.
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FAQs about Cohere

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