Skip to main content
Cohere logo

Cohere

Cohere's full profile: funding, valuation, competitors, and the people behind the company.

๐Ÿ‡จ๐Ÿ‡ฆCanadaSeries DEnterprise AI
Updated Mar 24, 2026

Out of 100

๐Ÿ‡จ๐Ÿ‡ฆ

HQ

Canada

๐Ÿ—“

Founded

2019

๐Ÿ’ฐ

Raised

$1.54B

๐Ÿท๏ธ

Stage

Series D

๐Ÿ‘ฅ

Team

500

$7B

Post-money

$1.54B

All rounds

83/100

2019

500 employees

๐Ÿ’ตEst. Annual Revenue
$50Mโ€“$500M estimated ARR

Awaira estimate based on public data. Not financial advice.

Cohere is a Canadian enterprise AI company founded in 2019 that develops large language models (LLMs) and generative AI solutions for business applications. The company provides API access to proprietary language models designed for tasks including text generation, semantic search, classification, and summarization. Cohere's platform enables enterprises to integrate advanced natural languageโ€ฆ

Is this your company? Claim it โ†’

Strengths

โœ“

Raised over $1.54B โ€” one of the best-funded AI companies

โœ“

Unicorn status with $7B valuation

โœ“

Elite Awaira Score of 83/100

Analysis based on publicly available data. Not investment advice.

Cohere is a AI unicorn in the Enterprise AI sector. Founded in 2019, the company is currently at the Series D stage with a team of approximately 500 employees. With $1.54B in total disclosed funding, Cohere has demonstrated the ability to attract institutional capital. The company competes with 3 other tracked Enterprise AI companies on Awaira, including Canva and Notion.

Awaira Score

83/100

Valuation

$7B

Total Funding

$1.54B

Founded

2019

Employees

500

Stage

Series D

5

Total Rounds

$164.5M

Avg Round Size

3.5yr

Funding Span

Cohere raised 5 rounds over 3.5 years, averaging $164.5M per round โ€” a pace of roughly one round every 8 months.

Cohere holds unicorn status in the Enterprise AI space, placing it among the highest-valued private AI companies globally.

Among 3 tracked competitors, Cohere ranks #3 by valuation โ€” a metric investors and analysts use to gauge market standing.

Tracking Cohere on Awaira provides real-time updates on funding rounds, investor activity, and competitive moves in the Enterprise AI market.

Metricโ˜…CohereCanvaNotionDelhivery AI
Awaira Score83/10095/10091/10090/100
Total Raised$1.54B$589M$418M$1.25B
Valuation$7B$42B$11B$3.45B
StageSeries DPrivatePrivatePublic
Founded2019201320132011
Employees500750025005000+
Country๐Ÿ‡จ๐Ÿ‡ฆ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฎ๐Ÿ‡ณ
A

Aidan Gomez

Founder & CEO

View founder profile โ†’
StageSeries D
Employees500
Country๐Ÿ‡จ๐Ÿ‡ฆ Canada
Connect
Inactive
5 rounds
Series CLatest

Led by Tiger Global

$270M

Jun 2023

Series D

Led by Oracle

$223M

Jun 2023

Series B

Led by Salesforce Ventures

$125M

Feb 2022

Series A

Led by Accel

$40M

Jun 2021

Seed

Undisclosed

Jan 2020

Frequently Asked Questions

What is Cohere's valuation?โ–พ
At $7B, the company ranks among the AI unicorns tracked on Awaira.
Who invested in Cohere?โ–พ
Tiger Global, Sapphire Ventures, Oracle, DTCP, Salesforce Ventures, Thomvest Ventures, Accel, Breakthrough Ventures are among the backers. Together, they've contributed to the company's growth in the Enterprise AI sector.
When did Cohere last raise funding?โ–พ
A Series C of $270M represents the most recent capital raise in June 2023. The round was led by Tiger Global.
How many employees does Cohere have?โ–พ
The team is roughly 500 people, headquartered in Canada.
What does Cohere do?โ–พ
Cohere is a Canadian enterprise AI company founded in 2019 that develops large language models (LLMs) and generative AI solutions for business applications. The company provides API access to proprietary language models designed for tasks including text generation, semantic search, classification, and summarization.
Who founded Cohere?โ–พ
Aidan Gomez established the company in 2019. It's based in Canada. Aidan Gomez serves as Founder & CEO.
Is Cohere profitable?โ–พ
Profitability data isn't available in public filings. The company has raised $1.54B in total funding and operates at the Series D stage.
Where is Cohere headquartered?โ–พ
The headquarters sit in Canada ๐Ÿ‡จ๐Ÿ‡ฆ and was established in 2019. It competes in the Enterprise AI sector.