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Cohere

Cohere

Private
TorontoAI, Data & Cloud Infrastructurehttps://cohere.com/

Last Round

Series D

Extension

Sep 24, 2025

Est. Valuation

$7B

Total Funding Raised

$1.71B

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Cohere is an enterprise AI company that develops large language models and natural language processing software for business applications.

Sector

AI, Data & Cloud Infrastructure

Verticals

NLP & Conversational AI, ML Platforms, Defense Tech, Data Protection

Business Model

B2B

Customer Profile

Usage-Based SaaS, Subscription SaaS

AI Layer

Foundation

Keywords

large language modelLLMenterprise AIsovereign AIfrontier AI labagentic AIprivate AI deploymentAI agent securitydata sovereigntytext generationsearch and retrievalAPI platformmultimodal AIair-gapped AIwireless NTNISAC

Price History

Caplight MarketPrice™ estimate for Cohere, published with a 90-day delay.

Delayed data

Caplight MarketPrice™

$141.44

per share, as of May 2026

-24.8%

2-year change

The most recent months of MarketPrice™ are available to Caplight clients.

Caplight MarketPrice™ is an estimate of private secondary market pricing, shown here on a delayed basis for illustrative purposes only. It may be incomplete, is subject to change, and may not be relied upon for any purpose or considered investment advice.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Cohere Comparables

Compare Cohere with similar companies based on industry and business-model similarity.

Cohere comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Mistral AI
85%
Anthropic
80%
Inflection AI
79%

Cohere Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series D ExtensionSep 24, 2025
Series D ExtensionAug 14, 2025
GrantDec 6, 2024
Series DJul 22, 2024
StrategicJul 18, 2023
Series C
Jun 8, 2023

Secondary Market Activity

Bids, offers, and trades by month

Data table
OperationDatePriceSizeShare ClassStructure
OFFER
OFFER

Key People

Founding team and executive leadership

Ivan Zhang

co-founder, CTO

Founding Team

Aidan Gomez

cofounder ceo

Founding Team

Phil Blunsom

Chief Scientist, Chief Technology Officer

Executive Team

Francois Chadwick

Chief Financial Officer, Chief Revenue Officer (CRO) - Interim

Executive Team

Cohere Investors

Notable investors and investment history

Cohere investors
InvestorRounds
S32Series A, Series B
Brilliant Phoenix Capital ManagementSeries C
Mirae AssetSeries C
Magnetar CapitalSeries D
Healthcare of Ontario Pension PlanSeries D Extension
Inovia CapitalSeries D Extension, Series C
Business Development Bank of Canada (BDC Capital)Series D Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 1, 2026

    Grew 30% QoQ, from 908 to 1,176 employees.

  • Jul 25, 2026

    Monthly visitors increased 50% MoM to 901K.

Recent news

Latest coverage and updates

  • launchesSep 25, 2026

    Cohere Inc. launched private beta of Compass Cloud on Sep 25th '26.

  • launchesSep 23, 2026

    Cohere Inc. launched cybersecurity AI model at Cybersecurity Summit on Sep 23rd '26.

  • attends_eventSep 23, 2026

    Cohere Inc. attended event second annual Bell Cybersecurity Summit on Sep 23rd '26.

  • launchesSep 23, 2026

    Cohere Inc. launched Encrypted Vault tier for Model Vault on Sep 16th '26.

  • is_developingSep 19, 2026

    Cohere Inc. is developing agentic AI solution on Sep 19th '26.

Cohere Filings

Explore SEC and related filing metadata, where available.

Cohere filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Appears On

Curated lists and screens where this company is featured.

Frequently Asked Questions

Common questions about Cohere's valuation, stock price, and market status.

Is Cohere a public or private company?

Cohere is a private company.

What is the current stock price of Cohere?

Cohere is a private company with no public stock price. Caplight tracks Cohere's secondary market activity and provides MarketPrice™ estimates to Caplight users.

How much is Cohere worth (valuation)?

Cohere's valuation is estimated at $7.0B based on funding round data.

Can I buy Cohere stock?

Cohere shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Cohere's last funding round?

Cohere's most recent funding round was VC Round - Extension on September 24, 2025.

Who are the main investors in Cohere?

Key investors in Cohere include Inovia Capital, Business Development Bank of Canada (BDC Capital), Public Sector Pension Investment Board, Index Ventures, Tiger Global Management.

Will Cohere IPO soon?

No public IPO plans have been announced for Cohere.

How can I track Cohere secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Cohere's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersToronto
Employee Range899
Year Founded2019
Last FundingSep 24, 2025

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