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
Organizations Involved
Oracle, LivePerson, Notion
Founders
Aiden Gomez, Nick Frosst, Ivan Zhang
Market
Enterprise AI solutions
Location
Toronto, Ontario, Canada
Coinvestors
Cisco, AMD, Fujitsu, PSP Investments, EDC, Nvidia, Salesforce
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.

Links
Website
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