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Founded Year

2019

Stage

Series D - II | Alive

Total Raised

$971.25M

Valuation

$0000 

Last Raised

$50M | 8 mos ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-14 points in the past 30 days

About Cohere

Cohere is an enterprise AI platform that develops artificial intelligence solutions. The company offers AI models for text generation, document analysis, and assistant development, which can be integrated into enterprise workflows. Cohere's solutions serve various sectors including financial services, healthcare, manufacturing, energy, and the public sector. It was founded in 2019 and is based in Toronto, Canada.

Headquarters Location

171 John Street Suite 200

Toronto, Ontario, M5T 1X3,

Canada

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Cohere's Product Videos

ESPs containing Cohere

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Development

The generative AI — large language model (LLM) developers market offers foundation models and APIs that enable enterprises to build natural language processing applications for a number of functions. These include content creation, summarization, classification, chat, sentiment analysis, and more. Enterprises can fine-tune and customize these large-scale language models — which are pre-trained on …

Cohere named as Outperformer among 15 other companies, including Google, IBM, and OpenAI.

Cohere's Products & Differentiators

    Classify

    Access massive language models that can understand text and take appropriate action — like highlight a post that violates your community guidelines, or trigger accurate chatbot responses. Classify uses cutting-edge machine learning to analyze and bucket text into specific categories. Build automated text classifiers into your application to do things like identify toxic language, automatically route customer queries, or detect breaking trends in product reviews.

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Expert Collections containing Cohere

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cohere is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,261 items

A

Artificial Intelligence

9,504 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

D

Digital Content & Synthetic Media

2,287 items

The Synthetic Media collection includes companies that use artificial intelligence to generate, edit, or enable digital content under all forms, including images, videos, audio, and text, among others.

A

AI 100

200 items

G

Generative AI 50

50 items

CB Insights' list of the 50 most promising private generative AI companies across the globe.

G

Generative AI

1,298 items

Companies working on generative AI applications and infrastructure.

Cohere Patents

Cohere has filed 14 patents.

The 3 most popular patent topics include:

  • radio resource management
  • wireless networking
  • channel access methods
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/26/2023

11/19/2024

Radio resource management, Information theory, Serial buses, Wireless networking, Network protocols

Grant

Application Date

4/26/2023

Grant Date

11/19/2024

Title

Related Topics

Radio resource management, Information theory, Serial buses, Wireless networking, Network protocols

Status

Grant

Latest Cohere News

Cohere has a plan to win the AI race—without burning piles of money

Feb 18, 2025

Cohere has a plan to win the AI race—without burning piles of money Feb 18, 2025 | 6:45 AM ET TORONTO — Silicon Valley doyens promise that artificial intelligence will cure cancer, solve the climate crisis, make us all rich and, ultimately, answer the biggest questions about our existence. To make those dreams come true, they’re pouring hundreds of billions of dollars into new data centres and collecting vast quantities of data. More power, more data, more applications, bigger models—all in the pursuit of a world where almost everything depends on AI. Toronto-based Cohere is happy to let other firms burn through their billions. It just wants to make mundane business tasks less of a drag, and reckons a smaller, smarter approach to AI can make big money. Subscribe now to start reading premium, award-winning journalism. By entering your e-mail you consent to receiving commercial electronic messages from The Logic Inc. containing news, updates, offers or promotions about The Logic Inc.’s products and services. You can withdraw your consent at anytime. Please refer to our privacy policy or contact us for more details.

Cohere Frequently Asked Questions (FAQ)

  • When was Cohere founded?

    Cohere was founded in 2019.

  • Where is Cohere's headquarters?

    Cohere's headquarters is located at 171 John Street, Toronto.

  • What is Cohere's latest funding round?

    Cohere's latest funding round is Series D - II.

  • How much did Cohere raise?

    Cohere raised a total of $971.25M.

  • Who are the investors of Cohere?

    Investors of Cohere include Salesforce Ventures, NVIDIA, Oracle, Cisco, Public Sector Pension Investment Board and 29 more.

  • Who are Cohere's competitors?

    Competitors of Cohere include Simpleem, Dimension Labs, LightOn, Lyzr, Aleph Alpha and 7 more.

  • What products does Cohere offer?

    Cohere's products include Classify and 2 more.

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