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Coveo

AITSX: CVOMontreal, QC

Provides an AI-powered SaaS platform — search, recommendations, generative AI and agentic experiences — for enterprise commerce, customer service, website and workplace use cases.

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About

Company site: coveo.com

Provides an AI-powered SaaS platform — search, recommendations, generative AI and agentic experiences — for enterprise commerce, customer service, website and workplace use cases.

  • Reported FY2026 SaaS subscription revenue of $142.5M (+13% YoY) and total revenue of $148.3M (+11% YoY), with a net loss of $28.9M (May 2026). ir.coveo.com

  • Reported its best fourth-quarter new business bookings in company history, including its largest-ever new-customer deal, with a Global 1000 industrial manufacturer (May 2026). ir.coveo.com

  • Launched Conversational Product Discovery and a hosted MCP server for enterprise AI integration, and announced a sovereign-AI partnership with Bell Canada (May 2026). ir.coveo.com

Products & Services

Company site: coveo.com

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

AI Search

Coveo AI-Relevance Platform

Surface the most relevant content across systems, tailored by intent and context at every point of experience.

Learn more Source

AI Recommendations

Coveo AI-Relevance Platform

Serve up the next best action or product with intelligent content and proactive recommendations.

Learn more Source

Generative Answering

Coveo AI-Relevance Platform

Deliver real-time, secure and accurate answers that drive self-service, reduce costs and power conversations everywhere.

Learn more Source

Agentic AI & Retrieval

Coveo AI-Relevance Platform

Give your agents smart autonomy with retrieval-grounded actions, powered by the Passage Retrieval API.

Learn more Source

Conversational Search

Coveo AI-Relevance Platform

Turn search into a natural dialogue: understand complex questions, refine intent through conversation, and guide users to the right answers, content or products.

Learn more Source

Funding & Investors

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

  1. IPO (TSX)

    Nov 24, 2021

  2. Investment round led by OMERS

    Nov 6, 2019

    Investors: OMERS Growth Equity, Evergreen Coast Capital, Fonds de solidarité FTQ, Investissement Québec

  3. Growth equity investment ($100M)

    Apr 4, 2018

    Undisclosednewswire.ca

    Investors: Evergreen Coast Capital

  4. Series D ($35M)

    Nov 5, 2015

    Investors: IQ Venture Capital, Tandem Expansion Fund, BDC Capital, Propulsion Ventures SEC, Fonds de solidarité FTQ, Louis Têtu

  5. Growth round

    Dec 10, 2012

    Investors: Tandem Expansion

  6. Series B ($8.2M)

    Dec 8, 2009

    Investors: BDC Venture Capital, Propulsion Ventures SEC, Solidarity Fund QFL, Louis Têtu

Total disclosed: C$460.1MLatest: IPO (TSX) · Nov 24, 2021

Partnerships

Publicly announced partnerships.

Bell Canada

Strategic sovereign AI partnership: Bell integrates Coveo's AI-Relevance Platform into Bell AI Fabric for Canadian governments and regulated industries (2026).

SAP

Coveo AI Search and Recommendations for SAP Customer Experience became Coveo's second SAP Endorsed App, adding SAP Service Cloud coverage (2024).

Government & Grants

Government support actually received. Unpublished amounts are left out.

  1. Strategic Innovation Fund (ISED) — $15.2M contribution toward Coveo's $100M generative AI project

People

Sourced from the company's own pages or announcements.

Laurent Simoneau

Co-founder & CEO

Louis Têtu

Executive Chairman

Marc Sanfaçon

Co-founder & Chief Technology Officer

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