Canadian AI company building foundation models for enterprises.
Around 1,031 people on the team.
Cohere, a Canadian AI company building foundation models for enterprises, has raised $1370M across 4 rounds from a backer set that mixes strategics and institutional capital: Salesforce Ventures, PSP Investments, Inovia Capital, NVIDIA, and AMD Ventures. Through shared investors it connects most tightly to Runway, World Labs, and You.com (3 common backers each), with thinner ties to Anthropic, Fireworks AI, and Black Forest Labs (2 each), placing it in a foundation-model and generative-AI cluster anchored by chipmaker (NVIDIA, AMD Ventures) and enterprise-software (Salesforce Ventures) money rather than a single venture firm. Its connection score of 62 reflects a moderately central position in that graph. The 1031-person team is distributed across London (20%), New York (15%), and Palo Alto (10%).
| Date | Round | Amount |
|---|---|---|
| Sep 2025 | Growth A month after its $500M round, Cohere added a $100M extension lifting its valuation to $7B, alongside a deepened AMD partnership. | $100M |
| Aug 2025 | Growth Cohere closed an oversubscribed $500M round at a $6.8B valuation, co-led by Radical Ventures and Inovia Capital, to push its enterprise AI models. | $500M |
| Jul 2024 | Series D Plus Toronto AI startup Cohere raised a $500M Series D at a $5.5B valuation from Cisco, AMD, Fujitsu and PSP Investments. | $500M |
| Jun 2023 | Series C Canadian AI startup Cohere raised a $270M Series C led by Inovia Capital at a $2.2B valuation. | $270M |
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Cohere has acquired Aleph Alpha · Reliant AI.
Data is community-curated and may be incomplete.