Cohere (Series D)

Funding Details
Awarder
Inbox
Date Award
July 22, 2024
Vertical
Generative AI
Funding URL
View Funding Page
Premoney Valuation
$5,000,000,000
Valuation
$5,500,000,000
Funding Amount:
$500,000,000

Company Info
Founding Year
2019
Traction
Cohere was generating $35 million in annualized revenue with a customer base of hundreds of companies, up from around $13 million at the end of 2023.
Revenue Amount
$35,000,000
ARR
$35,000,000
Organizations Involved
Oracle, LivePerson, Notion
Founders
Aiden Gomez, Nick Frosst, Ivan Zhang
Company Description
Cohere is a generative AI startup co-founded by ex-Google researchers that customizes AI models for enterprise applications, focusing on data privacy and real-world benefits in business workflows.
Market
Enterprise AI solutions
Location
Toronto, Ontario, Canada
Coinvestors
Cisco, AMD, Fujitsu, PSP Investments, EDC, Nvidia, Salesforce

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