Cohere is an enterprise AI company known for delivering powerful language models and AI tools tailored for business needs. Its technology powers solutions in enterprise search, customer support, and workflow automation—helping organizations unlock greater efficiency and insight. The company’s latest innovation, North, is an agentic AI platform designed to transform enterprise search, automate complex workflows, and enhance decision-making across industries.
The company has raised $500 million in a new funding round led by Radical Ventures and Inovia Capital, with participation from AMD Ventures, Nvidia, PSP Investments, and Salesforce Ventures—bringing its valuation to $6.8 billion.
Cohere, headquartered in Toronto, Ontario, Canada, was founded in 2019 by Aidan Gomez, Ivan Zhang, and Nick Frosst. In 2023, the company joined the unicorn club. Cohere, headquartered in Toronto, Ontario, Canada, was founded in 2019 by Aidan Gomez, Ivan Zhang, and Nick Frosst. In 2023, the company joined the unicorn club. ”Cohere is becoming the world’s chosen partner for integrating AI into their critical industries. We are at a pivotal moment in accelerating the delivery of secure AI that empowers enterprises worldwide, and we’re excited to enter this new phase of expansion alongside our partners. We’re thrilled to welcome Joelle and Francois, whose experience, talent and insight will be instrumental in continuing Cohere’s growth,” said Aidan Gomez, Co-founder and CEO of Cohere.
