Cohere
PrivateLast Round
Series E
Sep 1, 2026
Est. Valuation
$20B
Total Funding Raised
$1.71B
Momentum
Top 1%
of companies Caplight tracks
Company Overview
Cohere is an enterprise AI company that develops large language models and natural language processing software for business applications.
Sector
AI, Data & Cloud Infrastructure
Verticals
NLP & Conversational AI, ML Platforms, Defense Tech, Data Protection
Business Model
B2B
Customer Profile
Usage-Based SaaS, Subscription SaaS
AI Layer
Foundation
Keywords
Price History
Caplight MarketPrice™ estimate for Cohere, published with a 90-day delay.
Caplight MarketPrice™
$241.27
per share, as of July 2026
+52.5%
2-year change
Caplight MarketPrice™ is an estimate of private secondary market pricing, shown here on a delayed basis for illustrative purposes only. It may be incomplete, is subject to change, and may not be relied upon for any purpose or considered investment advice.
Cohere Comparables
Compare Cohere with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Mistral AI | 87% | |
| AI21 Labs | 78% | |
| Domyn | 78% |
Cohere Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series E | Sep 1, 2026 | ||||
| Series D Extension | Sep 24, 2025 | ||||
| Series D Extension | Aug 14, 2025 | ||||
| Grant | Dec 6, 2024 | ||||
| Series D | Jul 22, 2024 | ||||
Strategic | Jul 18, 2023 |
Key People
Founding team and executive leadership
Cohere Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| S32 | Series A, Series B |
| Schwarz Group | Series E |
| Brilliant Phoenix Capital Management | Series C |
| Mirae Asset | Series C |
| Magnetar Capital | Series D |
| Healthcare of Ontario Pension Plan | Series D Extension |
| Inovia Capital | Series D Extension, Series C |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 1, 2026
$3.0B round with participation from Schwarz Group.
- Aug 1, 2026
Grew 30% QoQ, from 908 to 1,176 employees.
Recent news
Latest coverage and updates
- has_valuationOct 29, 2026
The planned fundraising round values Cohere Inc. at $35.7B, making it Canada's most valuable private tech company in Canada on Oct 29th '26.
- launchesOct 22, 2026
Cohere Inc. releases Rerank 5, a reranker family available in Pro and Fast tiers that reorders search results and adds passage-level Context Focus and calibrated relevance scores, on Oct 22nd '26.
- launchesOct 16, 2026
Cohere Inc. plans to launch Cohere Cyber, expanding its platform to help enterprises and governments secure AI systems amid an increasingly complex threat landscape.
- hiresOct 15, 2026
On Oct 15th '26, Cohere Inc. is set to hire Ondřej Vlček as senior vice-president of its new cybersecurity unit, Cohere Cyber.
- acquiresOct 15, 2026
On Oct 15th '26, Cohere Inc. and Aisle, Inc. sign a Letter of Intent for Cohere Inc. to acquire Aisle, Inc., with the transaction pending completion.
Cohere Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessAppears On
Curated lists and screens where this company is featured.
Frequently Asked Questions
Common questions about Cohere's valuation, stock price, and market status.
Is Cohere a public or private company?
Cohere is a private company.
What is the current stock price of Cohere?
Cohere is a private company, so its shares have no public market price. Caplight tracks Cohere's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Cohere worth (valuation)?
Cohere's valuation is estimated at $20.0B based on funding round data.
Can I buy Cohere stock?
Cohere shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Cohere's last funding round?
Cohere's most recent funding round was Series E on September 1, 2026.
Who are the main investors in Cohere?
Key investors in Cohere include Inovia Capital, Business Development Bank of Canada (BDC Capital), Public Sector Pension Investment Board, Index Ventures, Tiger Global Management.
Will Cohere IPO soon?
No public IPO plans have been announced for Cohere.
How can I track Cohere secondary market activity?
Caplight tracks bids, offers, and trades in Cohere's shares on secondary markets.