Cohere
PrivateLast Round
Series E
Sep 1, 2026
Est. Valuation
$20B
Total Funding Raised
$1.71B
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Cohere operates in AI, Data & Cloud Infrastructure and is based in Toronto. Its latest recorded funding round was a Series D Extension round in September 2025.
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, Data Governance, Defense Tech
Business Model
B2B
Customer Profile
Usage-Based SaaS, Subscription SaaS, Government Contracts, Services & Consulting
AI Layer
Foundation
Price History
Caplight MarketPrice™ estimate for Cohere, published with a 90-day delay.
Caplight MarketPrice™
$241.27
per share, as of July 2026
+52.5%
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.
Cohere Comparables
Compare Cohere with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Mistral AI | 87% | |
| AI21 Labs | 78% | |
| Domyn | 78% |
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Cohere Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series E | Sep 1, 2026 | ||||
| Series D Extension | Sep 24, 2025 | ||||
| Series D Extension | Aug 14, 2025 | ||||
| Grant | Dec 6, 2024 | ||||
| Series D | Jul 22, 2024 | ||||
Strategic | Jul 18, 2023 |
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Key People
Founding team and executive leadership
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Cohere Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| S32 | Series A, Series B |
| Schwarz Group | Series E |
| Brilliant Phoenix Capital Management | Series C |
| Mirae Asset | Series C |
| Magnetar Capital | Series D |
| Healthcare of Ontario Pension Plan | Series D Extension |
| Inovia Capital | Series D Extension, Series C |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Nov 13, 2026
Establishing a legal entity in Japan to support local growth and AI ecosystem.
- Nov 13, 2026
Model Vault offering now available for secure, localized AI model deployment.
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Recent news
Latest coverage and updates
- expands_offices_inNov 13, 2026
Cohere Inc. continues expanding its Model Vault offering in Japan, using local compute clusters to enable secure, region-localized AI inference while keeping customer prompts and model responses within Japan.
- expands_offices_toNov 13, 2026
Cohere Inc. plans to establish a legal entity in Japan to serve customers locally and invest in the country’s AI ecosystem, building on its growing local team and partner ecosystem.
- invests_into_assetsNov 12, 2026
Cohere Inc. plans to invest $2.83B in Canadian research, development and AI infrastructure across Canada from 2024 to 2031 to strengthen the country’s ability to develop and commercialise advanced AI technologies.
- increases_headcount_byNov 12, 2026
Cohere Inc. plans to add more than 250 paid student positions in Canada by 2029, supporting AI research and development as part of its broader growth commitment.
- is_developingNov 5, 2026
On Nov 5th '26 in Singapore, Cohere Inc. partners with CSIT to develop and evaluate secure knowledge retrieval, automated analysis and report-generation applications using its AI models and North platform after a successful on-premises pilot.
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Cohere Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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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, so its shares have no public market price. Caplight tracks Cohere's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Cohere worth (valuation)?
Cohere's valuation is estimated at $20.0B 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.
When was Cohere's last funding round?
Cohere's most recent funding round was Series E on September 1, 2026.
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 in Cohere's shares on secondary markets.