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Cohere

Cohere

Private
Toronto, OntarioAI, Data & Cloud Infrastructurehttps://www.cohere.com

Last Round

VC Round

- Extension

Sep 24, 2025

Est. Valuation

$7B

Total Funding Raised

$1.61B

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Cohere is a technology company that develops natural language processing software to create machines that comprehend language and enhance user experiences through improved understanding of meaning, sentiment, and tone.

Sector

AI, Data & Cloud Infrastructure

Verticals

ML Platforms, NLP & Conversational AI, Workflow Automation, Platform-as-a-Service

Business Model

B2B

Customer Profile

Usage-Based SaaS, Freemium, Government Contracts, Services & Consulting

AI Layer

Foundation

Keywords

large language modelsLLMfoundation modelenterprise AIgenerative AIAI APIretrieval-augmented generationRAGOpenAI alternativesemantic searchembedding modelsnatural language processingNLPcloud-agnostic AIprivate cloud AIon-premise AIagentic AIrerank modelsmultilingual LLM

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Cohere Comps

Public and private peers based on sector, stage, and business model.

Cohere comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Cohere Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC Round - ExtensionSep 24, 2025
Series D ExtensionAug 14, 2025
GrantDec 6, 2024
Series DJul 22, 2024
Series CJun 8, 2023
Series B
Feb 15, 2022

Secondary Market Activity

Bids, offers, and trades by month

Data table
OperationDatePriceSizeShare ClassStructure
OFFER

Key People

Founding team and executive leadership

Ivan Zhang

Co-founder, CTO

Founding Team

Aidan Gomez

Cofounder CEO

Founding Team

Phil Blunsom

Chief Scientist, Chief Technology Officer

Executive Team

Francois Chadwick

Chief Financial Officer

Executive Team

Cohere Investors

Notable investors and investment history

Cohere investors
InvestorRounds
S32Series A, Series B
Brilliant Phoenix Capital ManagementSeries C
Mirae AssetSeries C
Magnetar CapitalSeries D
Healthcare of Ontario Pension PlanSeries D Extension, VC Round - Extension
Inovia CapitalVC Round - Extension, Series C, Series D Extension
Business Development Bank of Canada (BDC Capital)VC Round - Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 24, 2026

    Grew 18% QoQ, from 866 to 1,020 employees.

  • May 27, 2026

    Co-founder Nick Frosst to speak at Homecoming on May 27, 2026.

Cohere Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Cohere Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Cohere's valuation, stock price, and market status.

Firmographic Details

HeadquartersToronto, Ontario
Employee Range1,020
Year Founded2019
Last FundingSep 24, 2025

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