Cohere
Cohere's full profile: funding, valuation, competitors, and the people behind the company.
Awaira Score
Out of 100
HQ
Canada
Founded
2019
Raised
$1.54B
Stage
Series D
Team
500
About Cohere
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 language…
Key Facts
- Cohere is valued at $7B as of March 2026.
- Cohere has raised a total of $1.54B in disclosed funding across 5 funding rounds.
- Cohere was founded in 2019 by Aidan Gomez and is headquartered in Canada.
- Cohere employs approximately 500 people.
- Cohere operates in the Enterprise AI category and is currently at the Series D stage.
- Cohere has an Awaira Score of 83/100, ranking it among the highly notable AI companies on Awaira.
- Cohere's most recent funding round was a Series C of $270M closed in June 2023, led by Tiger Global.
Source: Awaira · Updated Mar 24, 2026
Valuation
$7B
Post-money
Total Raised
$1.54B
All rounds
Awaira Score
83/100
Founded
2019
500 employees
Strengths & Risks
Strengths
Raised over $1.54B — one of the best-funded AI companies
Unicorn status with $7B valuation
Elite Awaira Score of 83/100
Analysis based on publicly available data. Not investment advice.
Funding Velocity
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 — a pace of roughly one round every 8 months.
Awaira estimate based on public data. Not financial advice.
How does Cohere stack up against competitors?
Competitor Comparison
| Metric | ★Cohere | Canva | Notion | Delhivery AI |
|---|---|---|---|---|
| Awaira Score | 83/100 | 95/100 | 91/100 | 90/100 |
| Total Raised | $1.54B | $589M | $418M | $1.25B |
| Valuation | $7B | $42B | $11B | $3.45B |
| Stage | Series D | Private | Private | Public |
| Founded | 2019 | 2013 | 2013 | 2011 |
| Employees | 500 | 7500 | 2500 | 5000+ |
| Country | 🇨🇦 | 🇦🇺 | 🇺🇸 | 🇮🇳 |
Investors in Cohere
Funding Rounds
InactiveLed by Tiger Global
$270M
Jun 2023
Led by Oracle
$223M
Jun 2023
Led by Salesforce Ventures
$125M
Feb 2022
Led by Accel
$40M
Jun 2021
Undisclosed
Jan 2020
Cohere Latest News
Social Capital Invests in Cohere's Enterprise LLM Platform
Cohere Raises $500 Million at $5.5 Billion Valuation for Enterprise AI
Cohere Expands AI Platform to New Vertical Markets
Cohere Signs Multi-Year Deal with Major Enterprise for AI Transformation
Open Positions at Cohere
View all jobs →Models by Cohere
View all →Founded Same Year (2019)
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