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Cohere

Cohere

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

Last Round

Series E

Sep 1, 2026

Est. Valuation

$20B

Total Funding Raised

$1.71B

Momentum

Top 1%

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 June 2026

-17.5%

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.

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
87%
AI21 Labs
78%
Domyn
78%

Cohere Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series ESep 1, 2026
Series D ExtensionSep 24, 2025
Series D ExtensionAug 14, 2025
GrantDec 6, 2024
Series DJul 22, 2024
Strategic
Jul 18, 2023

Secondary Market Activity

Bids, offers, and trades by month

Data table
OperationDatePriceSizeShare ClassStructure
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
Schwarz GroupSeries E
Brilliant Phoenix Capital ManagementSeries C
Mirae AssetSeries C
Magnetar CapitalSeries D
Healthcare of Ontario Pension PlanSeries D Extension
Inovia CapitalSeries D Extension, Series C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 1, 2026

    $3.0B round with participation from Schwarz Group.

  • Aug 1, 2026

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

Recent news

Latest coverage and updates

  • launchesOct 16, 2026

    Cohere Inc. plans to launch Cohere Cyber, expanding its platform to help enterprises and governments secure AI systems amid an increasingly complex threat landscape.

  • acquiresOct 16, 2026

    On Oct 15th '26, Cohere Inc. signs a letter of intent to acquire Prague-based Aisle, Inc.; the proposed deal creates a new cybersecurity division and brings approximately 50 employees into Cohere Inc..

  • expands_offices_toOct 8, 2026

    Cohere Inc. announces that it is opening its third Canadian office in Ottawa on Oct 8th '26, serving nearly 30 regional employees in go-to-market, engineering, infrastructure, and security roles.

  • partners_withOct 6, 2026

    Cohere Inc. partners with Thales Group in Dec '25

  • launchesOct 5, 2026

    Cohere Inc. launches North 2

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, 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.

Firmographic Details

HeadquartersToronto
Employee Range899
Year Founded2019
Last FundingSep 1, 2026

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