Supplier · Canada
Cohere
HQ Toronto, CanadaFounded 2019501-1000 employees
Enterprise artificial intelligence company developing foundation models and AI software.
Funding8 rounds · $1.53B
- Equity raised
- $1.53B
- Debt, secondaries & grants
- ~$177M
- Latest
- $100MStage undisclosed · Sep 24, 2025
- Last valuation
- $7.00B?Basis not stated · Stage undisclosed · Sep 24, 2025
| Announced | Stage | Valuation | Basis |
|---|---|---|---|
| Jun 8, 2023 | Series C | $2.20B | Basis not stated |
| Jul 22, 2024 | Series D | $5.50B | Basis not stated |
| Aug 14, 2025 | Undisclosed | $6.80B | Basis not stated |
| Sep 24, 2025 | Undisclosed | $7.00B | Basis not stated |
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Sep 24, 2025 | Undisclosed | $100M | $7.00B? | — | Business Development Bank of Canada | Confirmed |
| Aug 14, 2025 | Undisclosed | $500M | $6.80B? | Inovia Capital, Radical Ventures | Salesforce Ventures | Confirmed |
| Dec 6, 2024 | Grant | ~$169M | — | Government of Canada | — | Confirmed |
| Jul 22, 2024 | Series D | $500M | $5.50B? | PSP Investments | — | Reported |
| Jun 8, 2023 | Series C | $270M | $2.20B? | Inovia Capital | DTCP, Index Ventures, Oracle, Salesforce Ventures | Confirmed |
| Feb 15, 2022 | Series B | $125M | — | Tiger Global Management | Index Ventures, Radical Ventures | Reported |
| Sep 7, 2021 | Series A | $40.0M | — | Index Ventures | Radical Ventures | Confirmed |
| 2023 | Secondary | $8.0M | — | — | — | Speculative |
- $100MSep 24, 2025
- UndisclosedLed by Inovia Capital, Radical VenturesWith Salesforce VenturesValuation $6.80B?Confirmed$500MAug 14, 2025
- ~$169MDec 6, 2024
- $500MJul 22, 2024
- Series CLed by Inovia CapitalWith DTCP, Index Ventures, Oracle, Salesforce VenturesValuation $2.20B?Confirmed$270MJun 8, 2023
- $125MFeb 15, 2022
- $40.0MSep 7, 2021
- SecondarySpeculative$8.0M2023
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems1
Newest unveiled first. Open a system for its milestone timeline, components and sources.
Supply Chain1 supplier
Suppliers1
| Supplier | Supplies | Notes | Confidence |
|---|---|---|---|
| Second Front Systems | — | Named existing Game Warden customer preparing for AWS European Sovereign Cloud; this source does not confirm a completed ESC deployment. | Reported |
- Named existing Game Warden customer preparing for AWS European Sovereign Cloud; this source does not confirm a completed ESC deployment.
People3
- Aidan Gomez
Co-founder
- Ivan Zhang
Co-founder
- Nick Frosst
Co-founder
Sources19
Show all 19 sources and supporting evidence
Profile3
- 1
PitchBook · Supports Organization · employee range, Organization · linkedin url, Organization · x url
“employee_range: 501-1000 (profile: 800)”
- 2DatabaseCohere — hq city
Crunchbase · Supports Organization · country, Organization · hq city, Organization · linkedin url, Organization · x url
“Location:Toronto,Ontario,Canada”
- 3
LinkedIn · Supports Organization · employee range, Organization · linkedin url
“employee_range: 501-1000 (profile: 501-1,000 employees)”
Systems1
- 4CompanyCohere — official website
Supports Organization · description, Organization · founded year, Organization · website, Role, System
“Cohere builds foundational models and AI solutions”
Funding14
- 5
Cohere · Sep 24, 2025 · Supports Funding round · amount
“Cohere adds $100M in second close to latest round as it scales security-first enterprise AI”
- 6
TechCrunch · Sep 24, 2025 · Supports Funding round · post money valuation usd
“said it raised an additional $100 million — bumping its valuation to $7 billion — in an extension to a round announced in August.”
- 7
CNBC · Aug 14, 2025 · Supports Funding round, Funding round · post money valuation usd
“The funding round was led by Radical Ventures and Inovia Capital”
- 8
Cohere · Aug 14, 2025 · Supports Funding round, Funding round · amount
“Cohere raises $500M at $6.8B valuation”
- 9
Department of Finance Canada · Dec 6, 2024 · Supports Funding round · amount
“announced an investment of up to $240 million in Cohere, a Toronto-based AI leader”
- 10
The AI Insider · Jul 23, 2024 · Supports Funding round · amount, Organization · ownership
“Cohere has raised $500 million in a Series D funding round led by PSP Investments, with participation from Cisco Systems Inc., Fujitsu, AMD Ventures, and EDC.”
- 11
BetaKit · Jul 22, 2024 · Supports Funding round · post money valuation usd
“raking in $500 million USD at a $5.5 billion valuation”
- 12
Crunchbase News · Jul 22, 2024 · Supports Funding round · post money valuation usd
“at a valuation of $2.2 billion”
- 13
Cohere · Jun 8, 2023 · Supports Funding round · amount
“Cohere Announces $270M Series C to Bring Generative AI to Enterprises”
- 14
The Logic · Feb 15, 2022 · Supports Funding round
“Existing investors Toronto-headquartered Radical Ventures, Index Ventures and Section 32 also contributed to the round.”
- 15
Cohere (GlobeNewswire) · Sep 7, 2021 · Supports Funding round · amount
“announced today that it has raised $40 million in series A financing led by Index Ventures with participation from Section 32, returning investor Radical Ventures”
- 16
BetaKit · Supports Funding round
“The all-equity, all-primary round was led by Inovia Capital”
- 17
BetaKit · Supports Funding round, Funding round · amount
“Cohere’s Series B round was led by Tiger Global, with follow-on participation from founding investor Radical Ventures, Index Ventures, and Section 32.”
- 18
Multiples · Supports Funding round
“Dec 2023 | Secondary | Red Lions Capital”
Supply chain1
- 19
Second Front Systems · Dec 3, 2025 · Supports Organization, Supply relationship
“Cohere”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.