CleverTap vs Cohere
In-depth comparison — valuation, funding, investors, founders & more
🇮🇳 India · Sunil Thomas
Valuation
$775M
Total Funding
$303M
450 employees
🇨🇦 Canada · Aidan Gomez
Valuation
$5.5B
Total Funding
$445M
500 employees
Analyst Summary
Generated from real data · No AI hallucinations
Both CleverTap and Cohere compete directly in the Enterprise AI space, making this a head-to-head matchup within the same market segment. CleverTap is an Indian enterprise AI platform founded in 2013 that specializes in customer engagement and retention automation. Cohere is a Canadian enterprise AI company founded in 2019 that develops large language models (LLMs) and generative AI solutions for business applications.
Cohere carries a valuation of $5.5B, which is 7.1x higher than CleverTap's $775M. On the funding side, Cohere has raised $445M in total — $142M more than CleverTap's $303M.
CleverTap has 6 years more market experience, having been founded in 2013 compared to Cohere's 2019 founding. Both companies are currently at the Series D stage of their journey.
CleverTap operates out of 🇮🇳 India while Cohere is based in 🇨🇦 Canada, giving each a distinct home-market advantage. On Awaira's 0–100 composite score, Cohere leads with a score of 83, reflecting stronger overall fundamentals across valuation, funding, and growth signals.
Metrics Comparison
| Metric | CleverTap | Cohere |
|---|---|---|
💰Valuation | $775M | $5.5BWINS |
📈Total Funding | $303M | $445MWINS |
📅Founded | 2013 | 2019WINS |
🚀Stage | Series D | Series D |
👥Employees | 450 | 500 |
🌍Country | India | Canada |
🏷️Category | Enterprise AI | Enterprise AI |
⭐Awaira Score | 65 | 83WINS |
Key Differences
Valuation gap: Cohere is valued 7.1x higher ($5.5B vs $775M)
Funding gap: Cohere has raised $142M more ($445M vs $303M)
Market experience: CleverTap has 6 years more (founded 2013 vs 2019)
Team size: CleverTap has 450 employees vs Cohere's 500
Market base: 🇮🇳 CleverTap (India) vs 🇨🇦 Cohere (Canada)
Direct competitors: Both operate in the Enterprise AI market segment
Awaira Score: Cohere scores 83/100 vs CleverTap's 65/100
Which Should You Choose?
Use these signals to make the right call
Choose CleverTap if…
- ✓More market experience — founded in 2013
- ✓India-based for regional compliance or proximity
- ✓CleverTap is an Indian enterprise AI platform founded in 2013 that specializes in customer engagement and retention automation
Choose Cohere if…
Top Pick- ✓Higher Awaira Score — 83/100 vs 65/100
- ✓More established by valuation ($5.5B)
- ✓Stronger investor backing — raised $445M
- ✓Canada-based for regional compliance or proximity
- ✓Cohere is a Canadian enterprise AI company founded in 2019 that develops large language models (LLMs) and generative AI solutions for business applications
Funding History
CleverTap raised $303M across 4 rounds. Cohere raised $445M across 5 rounds.
CleverTap
Series D
Jan 2021
Lead: Tiger Global
Series C
Jan 2017
Series B
Jan 2015
Lead: Sequoia Capital India
Series A
Jan 2014
Lead: Accel Partners
Cohere
Series D
Jun 2023
Lead: Oracle
Series C
Sep 2022
Lead: Tiger Global
Series B
Jan 2022
Lead: Salesforce Ventures
Series A
Jun 2021
Lead: Accel Partners
Seed
Jan 2020
Investor Comparison
Unique to CleverTap
Unique to Cohere