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Cohere

Founded: 2019HQ: Toronto, Canada
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Total Funding$970M
Valuation$5.5B
Headcount250-500
Founded Year2019

Profile Overview

Cohere is an enterprise-focused artificial intelligence company founded in 2019 by former Google Brain researchers Aidan Gomez and Nick Frosst, along with Ivan Zhang. Gomez was notably a co-author of the seminal 2017 research paper "Attention Is All You Need," which introduced the Transformer architecture that underpins all modern generative AI. Unlike consumer-oriented platforms, Cohere is built from the ground up for business applications, offering highly secure, multilingual large language models optimized for enterprise use cases like search, retrieval-augmented generation (RAG), and text classification. Its flagship model series, Command R and Command R+, are designed to operate efficiently within corporate clouds and private data centers, ensuring data privacy and reducing hallucination rates. Cohere also provides industry-leading embedding and reranking models, which are critical components for semantic search systems. The company is cloud-agnostic, allowing enterprises to deploy its models on AWS, Microsoft Azure, Google Cloud, or Oracle Cloud. In July 2024, Cohere secured $500 million in a Series D funding round from investors including Nvidia, Cisco, and Salesforce, bringing its total funding to $970 million at a valuation of $5.5 billion. Cohere's commitment to data sovereignty and multi-cloud compatibility makes it the preferred AI partner for global banks, healthcare networks, and enterprise SaaS providers.

Last Financing Round

Round TypeSeries D
Amount Disclosed$500,000,000
Announced DateJuly 22, 2024

Flagship Offerings

Command R+Cohere EmbedCohere Rerank