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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.
Social
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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
Investors
Ranked
Employee Count
836 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Coveo's IPO details

Coveo got listed on Nov 18, 2021.
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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:lockFilter this list
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
-
-
-
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Coveo's founders and board of directors

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Coveo's employee count trend

Coveo has 836 employees as of Jul 26. Here is Coveo's employee count trend over the years:
Employee count trend for Coveo
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Glean
Glean
2019, San Francisco (United States), Series F
Cloud-based platform for enterprise search
$765M
77/100
2nd
Logo for Domo
Domo
2010, American Fork (United States), Public
Provider of an AI and data products platform for businesses
$730M
75/100
3rd
Logo for Elastic
Elastic
2012, San Francisco (United States), Public
Cloud based text analytics platform
$104M
72/100
4th
Logo for Starburst
Starburst
2017, Boston (United States), Series D
Developer of a data lakehouse platform designed for data analysis
$414M
71/100
5th
Logo for You Technologies
You Technologies
2020, Palo Alto (United States), Series C
AI-enabled key-word based private search engine
$199M
70/100
6th
Logo for Meltwater
Meltwater
2001, San Francisco (United States), Acquired
Cloud based suite of marketing solutions
-
70/100
7th
Logo for Coveo
Coveo
2004, Quebec City (Canada), Public
Provider of AI-powered search and recommendation solutions for enterprise businesses
$358M
70/100
8th
Logo for Lucidworks
Lucidworks
2007, San Francisco (United States), Series F
Provider of AI-powered search and discovery platform for digital experiences
$218M
69/100
9th
Logo for Sanalabs
Sanalabs
2016, Stockholm (Sweden), Acquired
Developer of AI agents and an AI-native learning management system
$136M
68/100
10th
Logo for Squirro
Squirro
2012, Zurich (Switzerland), Series B
Developer of generative AI platforms for enterprise data management tasks
$15.5M
67/100
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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

lockFilter this list
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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