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Cohere

AIToronto, ON

Builds large language models and generative AI tools for enterprise use, offered via API and on-premise/private-cloud deployment.

The Toronto skyline and the CN Tower at sunset, seen across Lake Ontario.

Canadian innovation builds a brighter tomorrow.

About

Source: cohere.com

Cohere builds foundational models and AI solutions that help teams turn everyday effort into extraordinary impact. The company states that AI’s highest purpose is to enhance human wellbeing, and that it aims to empower businesses to scale innovation, boost productivity and drive progress that reaches everyone. Cohere was founded in 2019, is headquartered in Toronto, and also operates offices in New York, London, San Francisco, Montreal, Paris, Seoul and Berlin.

  • Raised $500M USD in an oversubscribed round led by Radical Ventures and Inovia Capital, reaching a $6.8B valuation (August 2025). betakit.com

  • Raised a further $100M extension a month later, pushing its valuation to $7B, alongside a partnership to run its Command-family models on AMD Instinct GPUs (September 2025). techcrunch.com

  • Stated it had recently crossed $100M USD in annualized revenue, with a projection of $200M by end of 2025 (as reported August 2025). betakit.com

Products & Services

Company site: cohere.com

Products Cohere publishes on its own site. Each card links to the page it was taken from.

North

Enterprise-ready AI for business

AI for business that turns complexity into clarity.

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Command

Generative language models

Models purpose-built for real-world agentic applications anchored in your own data.

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Embed

Semantic representation model

Turns text and images into embeddings for semantic retrieval in search, RAG and agentic applications.

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Rerank

Retrieval optimization model

Passes only the most relevant documents into your RAG pipeline — cutting tokens and latency, raising accuracy.

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Compass

Intelligent search and discovery

An end-to-end search system to surface contextually relevant information from across your business.

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Transcribe

Speech recognition model

Converts business audio into precise text for search, analytics and automation.

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Parse

Document parsing model

Parse converts complex documents, tables, and images into structured data your AI can search or act on.

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North Mini Code

Agentic coding model

A small open-source model for code generation, agentic workflows and terminal tasks.

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Deployment & Services

Company site: cohere.com

How Cohere says its technology can be deployed and delivered.

Funding & Investors

Announced rounds only, newest first. Undisclosed amounts are shown as undisclosed.

  1. Extension of August 2025 round

    Sep 24, 2025

    Investors: Business Development Bank of Canada, Nexxus Capital Management

  2. Venture round

    Aug 14, 2025

    Investors: Radical Ventures, Inovia Capital, AMD Ventures, NVIDIA, PSP Investments, Salesforce Ventures, Healthcare of Ontario Pension Plan

  3. Series D

    Jul 22, 2024

    Investors: PSP Investments, NVIDIA, Salesforce Ventures, Cisco, AMD Ventures, Export Development Canada, Fujitsu

  4. Series C

    Jun 8, 2023

    Investors: Inovia Capital, NVIDIA, Oracle, Salesforce Ventures, DTCP, Mirae Asset, Schroders Capital, SentinelOne, Thomvest Ventures, Index Ventures

  5. Series B

    Feb 15, 2022

    Investors: Tiger Global, Radical Ventures, Index Ventures, Section 32

  6. Series A ($40M)

    Sep 7, 2021

    Investors: Index Ventures, Section 32, Radical Ventures, Geoffrey Hinton, Fei-Fei Li, Pieter Abbeel, Raquel Urtasun

Total disclosed: US$1.5BLatest: Extension of August 2025 round · Sep 24, 2025

Partnerships

Publicly announced partnerships.

AMD

Cohere's full Command model family runs on AMD Instinct GPUs, and AMD uses Cohere internally; announced alongside the September 2025 funding extension.

SAP

Expanded partnership bringing Cohere's North agentic AI platform to SAP Sovereign Cloud for European enterprises and governments (2025).

NVIDIA

Collaboration on sovereign AI: an NVIDIA ecosystem-native model and a locally deployable North instance for privately run AI systems (2026).

Bell Canada

Deal with Bell AI Fabric, Hypertec and BUZZ HPC under which Cohere operates its models on sovereign Canadian infrastructure for government and enterprise (2026).

Mila

Research partnership on AI evaluation methods for Quebec French language and cultural context in frontier models (2026).

University of Toronto

Multi-year partnership integrating Cohere's North platform as an orchestration layer in U of T's enterprise-wide AI system (2026).

Government & Grants

Government support actually received. Unpublished amounts are left out.

  1. AI Compute Challenge, Canadian Sovereign AI Compute Strategy — investment of up to $240M in Cohere's $725M project, finalized March 2025

Recent News

  1. Aug 27, 2026Product

    Introducing Parse: Enterprise document intelligence at scale

    Cohere launched Parse, a high-throughput vision parsing model that reads tables, forms, diagrams and images rather than performing OCR alone, returns bounding boxes for visual elements, and is available in Cohere Compass.

  2. Aug 6, 2026Partnership

    Cohere and the University of Waterloo launch partnership to strengthen Canada's AI talent pipeline

    Cohere will support a new AI Transformation and Change Management certificate led by Waterloo's Future of Work Institute, launching in Fall 2026, giving students hands-on experience identifying and delivering AI projects with organizations.

  3. Jun 15, 2026Expansion

    Cohere triples UK footprint with new London office to support R&D growth

    Cohere is moving to 100 New Oxford Street in London, taking over 14,000 sq ft and almost tripling its previous UK office footprint, to support its growing research and development presence in Europe.

  4. May 19, 2026Acquisition

    Cohere acquires Reliant AI to expand sovereign enterprise AI for the global biopharma and healthcare sectors

    Cohere acquired Reliant AI, a biopharma AI company with operations in Montreal and Berlin, bringing its research team, proprietary biomedical datasets and domain-optimized technology into Cohere’s enterprise platform.

  5. Apr 24, 2026Partnership

    Cohere and Aleph Alpha join forces to form global AI powerhouse

    Cohere and Germany’s Aleph Alpha announced a transatlantic alliance to offer an independent sovereign alternative in enterprise AI, with the companies of Schwarz Group committing €500M (approximately $600M) in structured financing to accelerate the venture.

People

Sourced from the company's own pages or announcements.

Aidan Gomez

Co-founder & CEO

Nick Frosst

Co-founder

Ivan Zhang

Co-founder

Phil Blunsom

Chief Technology Officer

Technology Focus

Company site: cohere.com

Terms the company uses about its own work.

Generative language modelsSemantic retrievalRAG architecturesAgentic applicationsSpeech recognitionDocument parsingSearch and discoveryCode generationFine-tuningPrivate deploymentsData autonomy

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