Cohere valuation, funding and investors
Cohere works in enterprise AI platform development, based in Toronto, Canada. Founded in 2019, it has about 1,220 employees.
- Last round
- Growth · $100M · Sep 2025
- Valuation at last round
- $7.00B
- Headcount
- 1,218 · growing
- Grade
- A
- Founded
- 2019
Cohere valuation today
VCMC values Cohere at $8.4B today, with a range of $6.1B to $9.7B and a grade of A. The valuation starts from its last funding round, a growth round in Sep 2025.
Valuation by date (100 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2019 | $12.2M | $4.44M – $33.5M | $15.1M (+24%) | before first round | – | unknown | D | 0% |
| 1 Feb 2019 | $12.5M | $4.56M – $34.4M | $15.2M (+21%) | before first round | – | unknown | D | 0% |
| 1 Mar 2019 | $12.8M | $4.67M – $35.3M | $15.3M (+19%) | before first round | – | unknown | D | 0% |
| 1 Apr 2019 | $13.2M | $4.80M – $36.2M | $15.5M (+17%) | before first round | – | unknown | D | 0% |
| 1 May 2019 | $13.5M | $4.93M – $37.2M | $15.6M (+15%) | before first round | – | unknown | D | 0% |
| 1 Jun 2019 | $13.9M | $5.06M – $38.2M | $15.8M (+13%) | before first round | – | unknown | D | 0% |
| 1 Jul 2019 | $14.3M | $5.19M – $39.2M | $15.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2019 | $14.4M | $5.25M – $39.6M | $16.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2019 | $14.5M | $5.29M – $39.9M | $16.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2019 | $14.7M | $5.34M – $40.3M | $16.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2019 | $14.8M | $5.39M – $40.7M | $16.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2019 | $14.9M | $5.44M – $41.0M | $16.6M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2020 | $15.1M | $5.49M – $41.4M | $16.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $15.2M | $5.54M – $41.8M | $16.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $15.3M | $5.59M – $42.1M | $17.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $15.5M | $5.64M – $42.5M | $17.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $15.6M | $5.69M – $42.9M | $17.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $15.8M | $5.74M – $43.3M | $17.6M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $15.9M | $5.79M – $43.7M | $17.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $16.1M | $5.84M – $44.1M | $17.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $16.2M | $5.90M – $44.5M | $18.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $16.3M | $5.95M – $44.9M | $18.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2020 | $16.5M | $6.00M – $45.3M | $18.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2020 | $16.6M | $6.06M – $45.7M | $18.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2021 | $16.8M | $6.11M – $46.1M | $18.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2021 | $16.9M | $6.17M – $46.5M | $18.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2021 | $17.1M | $6.22M – $46.9M | $19.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2021 | $17.2M | $6.28M – $47.4M | $19.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2021 | $17.4M | $6.33M – $47.8M | $19.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2021 | $17.6M | $6.39M – $48.2M | $19.4M (+10%) | before first round | – | unknown | D | 0% |
| 1 Jul 2021 | $17.7M | $6.45M – $48.6M | $19.5M (+10%) | before first round | – | unknown | D | 0% |
| 1 Aug 2021 | $17.9M | $6.51M – $49.1M | $19.7M (+10%) | before first round | – | unknown | D | 0% |
| 1 Sep 2021 | $18.0M | $6.57M – $49.5M | $19.8M (+10%) | before first round | – | unknown | D | 0% |
| 8 Sep 2021 | $223M | $146M – $609M | $400M (+80%) | after a round | – | unknown | C | 0% |
| 1 Oct 2021 | $231M | $146M – $609M | $400M (+73%) | after a round | – | unknown | C | 0% |
| 1 Nov 2021 | $243M | $146M – $609M | $400M (+65%) | after a round | – | unknown | C | 0% |
| 1 Dec 2021 | $255M | $146M – $609M | $400M (+57%) | after a round | – | unknown | C | 0% |
| 1 Jan 2022 | $268M | $146M – $609M | $400M (+49%) | after a round | – | unknown | C | 0% |
| 1 Feb 2022 | $282M | $146M – $609M | $400M (+42%) | after a round | – | unknown | C | 0% |
| 16 Feb 2022 | $635M | $447M – $1.3B | $951M (+50%) | after a round | – | unknown | B | 0% |
| 1 Mar 2022 | $644M | $447M – $1.3B | $951M (+48%) | after a round | 64 | unknown | B | 0% |
| 1 Apr 2022 | $666M | $447M – $1.3B | $951M (+43%) | after a round | 64 | unknown | B | 0% |
| 1 May 2022 | $689M | $447M – $1.3B | $951M (+38%) | after a round | 64 | unknown | B | 0% |
| 1 Jun 2022 | $713M | $447M – $1.3B | $951M (+33%) | after a round | 64 | unknown | B | 0% |
| 1 Jul 2022 | $737M | $447M – $1.3B | $951M (+29%) | after a round | 64 | unknown | B | 0% |
| 1 Aug 2022 | $763M | $447M – $1.3B | $951M (+25%) | after a round | 64 | unknown | B | 0% |
| 1 Sep 2022 | $790M | $447M – $1.3B | $951M (+20%) | after a round | 64 | unknown | B | 0% |
| 1 Oct 2022 | $817M | $447M – $1.3B | $951M (+16%) | after a round | 64 | unknown | B | 0% |
| 1 Nov 2022 | $845M | $447M – $1.3B | $951M (+13%) | after a round | 64 | unknown | B | 0% |
| 1 Dec 2022 | $874M | $447M – $1.3B | $951M (+9%) | after a round | 64 | unknown | B | 0% |
| 1 Jan 2023 | $1.1B | $554M – $1.7B | $1.2B (+8%) | after a round | 170 | growing | B | 0% |
| 1 Feb 2023 | $1.2B | $554M – $1.7B | $1.2B (+2%) | after a round | 170 | growing | B | 0% |
| 1 Mar 2023 | $1.2B | $557M – $1.7B | $1.2B (0%) | after a round | 170 | growing | B | 0% |
| 1 Apr 2023 | $1.2B | $564M – $1.7B | $1.2B (0%) | after a round | 170 | growing | B | 0% |
| 1 May 2023 | $1.2B | $570M – $1.7B | $1.2B (0%) | after a round | 170 | growing | B | 0% |
| 1 Jun 2023 | $1.2B | $577M – $1.7B | $1.2B (0%) | after a round | 170 | growing | B | 0% |
| 9 Jun 2023 | $2.2B | $1.9B – $3.3B | $2.9B (+30%) | after a round | 170 | growing | A | 0% |
| 1 Jul 2023 | $2.2B | $1.9B – $3.3B | $2.9B (+28%) | after a round | 170 | growing | A | 0% |
| 1 Aug 2023 | $2.3B | $1.9B – $3.3B | $2.9B (+25%) | after a round | 170 | growing | A | 0% |
| 1 Sep 2023 | $2.3B | $1.9B – $3.3B | $2.9B (+22%) | after a round | 170 | growing | A | 0% |
| 1 Oct 2023 | $2.4B | $1.9B – $3.3B | $2.9B (+20%) | after a round | 420 | growing | A | 0% |
| 1 Nov 2023 | $2.4B | $1.9B – $3.3B | $2.9B (+17%) | after a round | 420 | growing | A | 0% |
| 1 Dec 2023 | $2.5B | $1.9B – $3.3B | $2.9B (+15%) | after a round | 420 | growing | A | 0% |
| 1 Jan 2024 | $2.6B | $1.9B – $3.3B | $2.9B (+12%) | after a round | 420 | growing | A | 0% |
| 1 Feb 2024 | $2.7B | $1.9B – $3.5B | $3.0B (+12%) | after a round | 530 | growing | A | 0% |
| 1 Mar 2024 | $2.8B | $1.9B – $3.5B | $3.1B (+9%) | after a round | 580 | growing | B | 0% |
| 1 Apr 2024 | $2.9B | $1.9B – $3.5B | $3.1B (+6%) | after a round | 580 | growing | B | 0% |
| 1 May 2024 | $3.0B | $1.9B – $3.5B | $3.1B (+3%) | after a round | 580 | growing | B | 0% |
| 1 Jun 2024 | $3.1B | $1.9B – $3.5B | $3.1B (+1%) | after a round | 580 | growing | B | 0% |
| 1 Jul 2024 | $3.1B | $1.9B – $3.5B | $3.1B (0%) | after a round | 580 | growing | B | 0% |
| 23 Jul 2024 | $5.5B | $4.8B – $8.2B | $7.2B (+30%) | after a round | 580 | growing | A | 0% |
| 1 Aug 2024 | $5.5B | $4.8B – $8.2B | $7.2B (+29%) | after a round | 720 | growing | A | 0% |
| 1 Sep 2024 | $5.7B | $4.8B – $8.2B | $7.2B (+26%) | after a round | 720 | growing | A | 0% |
| 1 Oct 2024 | $5.8B | $4.8B – $8.2B | $7.2B (+24%) | after a round | 720 | growing | A | 0% |
| 1 Nov 2024 | $5.9B | $4.8B – $8.3B | $7.2B (+22%) | after a round | 760 | growing | A | 0% |
| 1 Dec 2024 | $6.1B | $4.8B – $8.3B | $7.2B (+19%) | after a round | 760 | growing | A | 0% |
| 1 Jan 2025 | $6.2B | $4.8B – $8.3B | $7.2B (+16%) | after a round | 760 | growing | A | 0% |
| 1 Feb 2025 | $6.4B | $4.8B – $8.3B | $7.2B (+14%) | after a round | 760 | growing | A | 0% |
| 1 Mar 2025 | $6.5B | $4.8B – $8.3B | $7.2B (+11%) | after a round | 760 | growing | A | 0% |
| 1 Apr 2025 | $6.7B | $4.8B – $8.3B | $7.2B (+9%) | after a round | 760 | growing | A | 0% |
| 1 May 2025 | $6.8B | $4.8B – $8.3B | $7.2B (+6%) | after a round | 760 | growing | A | 0% |
| 1 Jun 2025 | $7.0B | $4.8B – $8.3B | $7.2B (+4%) | after a round | 760 | growing | A | 0% |
| 1 Jul 2025 | $7.2B | $4.8B – $8.4B | $7.3B (+2%) | after a round | 814 | growing | A | 0% |
| 1 Aug 2025 | $7.3B | $4.8B – $8.4B | $7.3B (0%) | after a round | 812 | growing | A | 0% |
| 1 Sep 2025 | $7.3B | $4.8B – $8.4B | $7.3B (0%) | after a round | 812 | growing | A | 0% |
| 25 Sep 2025 | $7.0B | $6.1B – $8.9B | $7.7B (+10%) | after a round | 812 | up | A | 0% |
| 1 Oct 2025 | $7.0B | $6.1B – $8.9B | $7.7B (+10%) | after a round | 816 | up | A | 0% |
| 1 Nov 2025 | $7.1B | $6.1B – $8.9B | $7.7B (+9%) | after a round | 816 | up | A | 0% |
| 1 Dec 2025 | $7.1B | $6.1B – $8.9B | $7.7B (+8%) | after a round | 816 | up | A | 0% |
| 1 Jan 2026 | $7.2B | $6.1B – $8.9B | $7.7B (+7%) | after a round | 816 | up | A | 0% |
| 1 Feb 2026 | $7.3B | $6.1B – $8.9B | $7.7B (+7%) | after a round | 837 | up | A | 0% |
| 1 Mar 2026 | $7.3B | $6.1B – $8.9B | $7.7B (+6%) | after a round | 837 | flat | A | 0% |
| 1 Apr 2026 | $7.4B | $6.1B – $8.9B | $7.7B (+5%) | after a round | 837 | flat | A | 0% |
| 1 May 2026 | $7.6B | $6.1B – $9.2B | $8.0B (+5%) | after a round | 948 | up | A | 0% |
| 1 Jun 2026 | $7.6B | $6.1B – $9.2B | $8.0B (+4%) | after a round | 948 | up | A | 0% |
| 1 Jul 2026 | $7.7B | $6.1B – $9.2B | $8.0B (+3%) | after a round | 948 | up | A | 0% |
| 1 Aug 2026 | $8.2B | $6.1B – $9.6B | $8.4B (+3%) | after a round | 1,193 | growing | A | 0% |
| 1 Sep 2026 | $8.3B | $6.1B – $9.6B | $8.4B (+1%) | after a round | 1,193 | growing | A | 0% |
| 1 Oct 2026 | $8.4B | $6.1B – $9.7B | $8.4B (0%) | after a round | 1,218 | growing | A | 0% |
| 24 Oct 2026 | $8.4B | $6.1B – $9.7B | $8.4B (0%) | after a round | 1,218 | growing | A | 0% |
Key facts about Cohere
- Founded
- 2019
- Headquarters
- Toronto, Canada
- Employees
- about 1,220 +49% in a year
- Total raised
- $1.21B
- Funding rounds
- 6
- Last round
- Growth Equity Sep 2025
Cohere was founded in 2019 by Aidan Gomez, Ivan Zhang and Nick Frosst.
Cohere funding history
Cohere has 6 funding rounds on record, from Sep 2021 to Sep 2025, $1.21B in total. The latest disclosed valuation is $7.00B post-money (Growth Equity, Sep 2025).
Growth Equity 24 Sep 2025
Led by Radical Ventures, Inovia; with Business Development Bank of Canada, Nexxus Capital Management, AMD Ventures, Healthcare of Ontario Pension Plan, NVIDIA, PSP Investments, Salesforce Ventures.
Sources: saased.substack.com, cohere.com, techcrunch.com and 5 more
$100M
$7.00B post-money
$171M
Series D 22 Jul 2024
Led by PSP Investments; with Cisco, AMD, Fujitsu, Export Development Canada, Nvidia, Salesforce Ventures, Oracle, EDC.
Sources: techfundingnews.com, betakit.com, osler.com and 3 more
$500M
$5.50B post-money
Series C 8 Jun 2023
Led by Inovia; with Nvidia, Oracle, Salesforce Ventures, Digital Transformation Capital Partners, Mirae Asset Venture Investments, Schroders Capital, SentinelOne, Thomvest Ventures, Index Ventures.
Sources: techcrunch.com, cohere.com, ranecapital.com and 1 more
$270M
$2.20B post-money
Series B 15 Feb 2022
Led by Tiger Global; with Radical Ventures, Index Ventures, Section 32.
Sources: osler.com, betakit.com, globenewswire.com and 1 more
$125M
Series A 7 Sep 2021
Led by Index Ventures; with Section 32, Radical Ventures. Individuals: Geoffrey Hinton, Fei-Fei Li, Pieter Abbeel, Raquel Urtasun.
Sources: globenewswire.com, osler.com, betakit.com and 2 more
$40M
Cohere investors
23 investors have backed Cohere; Index Ventures, Radical Ventures and Inovia and 2 more led at least one round.
- Index Ventures lead, 3 rounds
- Inovia lead, 2 rounds
- Tiger Global lead
- Nvidia 3 rounds
- Salesforce Ventures 3 rounds
- Oracle 2 rounds
- Section 32 2 rounds
- AMD
- AMD Ventures
- Business Development Bank of Canada
- Cisco
- EDC
- Export Development Canada
- Fujitsu
- Healthcare of Ontario Pension Plan
- Mirae Asset Venture Investments
- SentinelOne
What Cohere does
Cohere works in tech companies, with 14 recorded offerings and customers in technology, financial services, healthcare and manufacturing.
Cohere Inc. is a Canadian enterprise AI company that develops and deploys AI solutions for workplace productivity, search and discovery, generative models, speech recognition, semantic text representation, and relevance-based result refinement. The company provides private and secure data handling, private deployments, and integrates its solutions with major cloud providers, private cloud environments, and on-premises systems. Cohere also operates a research lab, Cohere Labs, which conducts fundamental research in machine learning and supports a community of researchers, engineers, linguists, social scientists, and lifelong learners. The company is certified for security and compliance, including SOC 2 Type 2, ISO 27001, ISO 42001, and U.K. Cyber Essentials.
Description from Veridion's company data.
Products and services
- Enterprise AI Platform Development
- AI Workflow Automation Solutions
- Intelligent Search and Discovery System Development
- Generative AI Model Development
- Speech Recognition Model Development
- Semantic Text Representation Model Development
- Relevance-Based Result Reranking Model Development
- AI Platform Customization Services
- Private AI Deployment Services
- Secure Data Handling Solutions
- AI Research and Development Services
- Machine Learning Research Collaboration
- AI Community Knowledge Sharing Services
- Industry-Specific AI Solution Development
Markets
- Technology
- Financial Services
- Healthcare
- Manufacturing
- Energy
- Utilities
Technology
- Generative Models
- Speech Recognition Models
- Semantic Text Representation Models
- Relevance-Based Result Reranking Models
- Intelligent Search and Discovery Systems
Certifications
- GDPR compliant
- HIPAA compliant
- CCPA compliant
- SOC 2 Type 2
- ISO 27001
- ISO 42001
- U.K. Cyber Essentials
Business model
- Business-to-Business
- Software-as-a-Service
- Enterprise
Industry codes (NAICS)
- 513210 Software Publishers 75% match
- 518210 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services 25% match
Questions about Cohere
What is Cohere worth?
Valuation $8.4B (range $6.1B to $9.7B), as of 24 Oct 2026. The last disclosed valuation was $7.00B (Growth Equity, Sep 2025).
Has Cohere raised money?
Cohere has 6 funding rounds on record, from Sep 2021 to Sep 2025, $1.21B in total. The latest disclosed valuation is $7.00B post-money (Growth Equity, Sep 2025).
Who has invested in Cohere?
Index Ventures, Radical Ventures, Inovia, PSP Investments, Tiger Global and Nvidia, and 17 more. Lead investors include Index Ventures, Radical Ventures, Inovia and PSP Investments.
How many people work at Cohere?
About 1,220, up 49% over the last year. Headcount grew from 64 in Mar 2022 to 1,218 in Sep 2026.
What does Cohere do?
Cohere works in tech companies, with 14 recorded offerings and customers in technology, financial services, healthcare and manufacturing. Its main offerings are enterprise AI platform development, AI workflow automation solutions and intelligent search and discovery system development.
When was Cohere founded, and where is it based?
Cohere was founded in 2019 and is based in Toronto, Canada. It has about 1,220 employees, up 49% over the last year.