Coveo - About the company
Coveo is a public company based in Quebec City (Canada), founded in 2004. It operates as a Provider of AI-powered search and recommendation solutions for enterprise businesses. Coveo has raised $358M in funding from investors like BDC, Fonds de solidarite FTQ and Access Capital. The company has 1623 active competitors, including 178 funded and 104 that have exited. Its top competitors include companies like Glean, Domo and Elastic.
Sectors and market segments that Coveo operate in
Coveo serves in the Native AI market segments.The primary business model of Coveo is:Company Details
Provider of AI-powered search and recommendation solutions for enterprise businesses. It is a software company that provides an AI-powered relevance platform for enterprises, enabling superior search, recommendations, and generative answering capabilities across various digital experiences. Its unified search platform unifies data across systems, reduces search time, and boosts customer satisfaction. The company serves millions of people and billions of interactions across various industries.
- Website
- www.coveo.com/en
- Phone Number
- +1 **********
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2004
Location
Quebec City, Canada
Stage
Public
Total Funding
$358M in 14 rounds
Latest Funding Round
Ranked
7th among 1623 active competitors
Employee Count
836 as on Jul 31, 2026
Exit Details
Public
Legal entities associated with Coveo
Coveo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
COVEO SOFTWARE CORP. CIN: 980417957 , United States, Active | Dec 31, 1999 | - | 49 (As on Dec 31, 2024) | - |
Coveo's IPO details
Coveo got listed on Nov 18, 2021.
Click here to take a look at Coveo's IPO in detail
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Coveo's funding and investors
Coveo has raised a total funding of $358M over 14 rounds. Its first funding round was on Oct 25, 2006. Its latest funding round was a Post IPO round on Jul 10, 2025 for an undisclosed amount. 1 investor participated in its latest round. Coveo has 16 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Coveo:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 10, 2025 | Undisclosed | Post IPO | - | - | - | |
Nov 06, 2019 | $173M | Series F | - | - | ||
2019 | Undisclosed | Venture Debt | - | - | - |
View details of Coveo's funding rounds and investors
Coveo's founders and board of directors
Founder? Claim ProfileCoveo's employee count trend
Coveo has 836 employees as of Jul 26. Here is Coveo's employee count trend over the years:
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Coveo's Competitors and alternates
Top competitors of Coveo include Glean, Domo and Elastic. Here is the list of Top 10 competitors of Coveo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Glean 2019, San Francisco (United States), Series F | Cloud-based platform for enterprise search | $765M | 77/100 | |
2nd | Domo 2010, American Fork (United States), Public | Provider of an AI and data products platform for businesses | $730M | 75/100 | |
3rd | Elastic 2012, San Francisco (United States), Public | Cloud based text analytics platform | $104M | 72/100 | |
4th | Starburst 2017, Boston (United States), Series D | Developer of a data lakehouse platform designed for data analysis | $414M | 71/100 | |
5th | You Technologies 2020, Palo Alto (United States), Series C | AI-enabled key-word based private search engine | $199M | 70/100 | |
6th | Meltwater 2001, San Francisco (United States), Acquired | Cloud based suite of marketing solutions | - | 70/100 | |
7th | Provider of AI-powered search and recommendation solutions for enterprise businesses | $358M | 70/100 | ||
8th | Lucidworks 2007, San Francisco (United States), Series F | Provider of AI-powered search and discovery platform for digital experiences | $218M | 69/100 | |
9th | Developer of AI agents and an AI-native learning management system | $136M | 68/100 | ||
10th | Squirro 2012, Zurich (Switzerland), Series B | Developer of generative AI platforms for enterprise data management tasks | $15.5M | 67/100 |
Looking for more details on Coveo's competitors? Click here to see the top ones
Coveo's Investments and acquisitions
Coveo has acquired 2 companies including Qubit and Tooso. Coveo has not made any investments as of now.Reports related to Coveo
Here is the latest report on Coveo's sector:
News related to Coveo
Media has covered Coveo for a total of 24 events in the last 1 year, 7 of them have been about company updates and 6 about partnerships.
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Coveo Solutions (TSX:CVO) Narrows Q4 Loss To US$0.02 EPS Challenging Bearish Profitability NarrativesSimply Wall St•May 28, 2026•Coveo
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Government of Canada Partners with Coveo to Modernize Public Service with AIPR Newswire•Dec 17, 2025•Coveo
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