# Cohere

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cohere

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.cohere.com
- Total disclosed funding: $7B
- Investors on record: 35

## About

Founded in 2019 and based in Ontario, Canada, Cohere Inc. operates as a developer of artificial intelligence (AI)- powered software that provides natural language processing solutions for businesses and developers, helping them improve enterprise data management and application efficiency. In September 2025, Cohere Inc. raised USD 100 million in Series E funding co-led by BDC Capital and Nexxus Capital Management. The funding was part of a larger USD 600 million Series E round. The firm’s primary products include Command, which is used for developing scalable AI applications; Embed, which offers high-performance embeddings; and Rerank, which enhances response accuracy through retrieval-augmented generation. These solutions are designed for integration into business applications and are deployable in both cloud and on-premises environments. The company plans to use the funding from September 2025 to accelerate the development and global adoption of its enterprise AI technology for both public and private sectors.

## Funding rounds

- Round, Oct 29, 2026, $5B — Schwarz-Gruppe, Government of Canada, Schwarz Group, Schwarz Group companies, Canada, Canadian government, BCE, Inovia Capital, Nvidia, Prosperity7 Ventures, Bell Canada, Bell Ventures, Bullhound Capital
- Round, Sep 28, 2026, $18M — TD Bank
- Series E, Sep 24, 2025, $100M — BDC Capital, Nexxus Capital Management
- Series E, Aug 14, 2025, $500M — Inovia Capital, Healthcare of Ontario Pension Plan, Public Sector Pension Investment Board, NVIDIA Corporation, AMD Ventures, Salesforce Ventures, Radical Ventures
- Series D, Jul 22, 2024, $500M — Export Development Canada, Public Sector Pension Investment Board, Fujitsu, AMD Ventures
- Series D, Jun 4, 2024, $450M — Index Ventures, Inovia Capital, Public Sector Pension Investment Board, NVIDIA Corporation, Cisco Systems, Inc., Salesforce Ventures, Radical Ventures
- Series C, May 2, 2023, $270M — Schroders Capital, Index Ventures, Inovia Capital, DTCP, Mirae Asset Global Investments, Thomvest Ventures, NVIDIA Corporation, Oracle Capital Partners, Alumni Ventures Group, Salesforce Ventures, S Ventures
- Series B, Feb 15, 2022, $125M — Index Ventures, Tiger Global Management, Radical Ventures, Section 32
- Series A, Sep 7, 2021, $40M — Index Ventures, Radical Ventures, Section 32

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A, Series B, Series C, Series D
- Radical Ventures (https://capitalatlas.ai/funds/radical-ventures) — Series A, Series B, Series D, Series E
- Section 32 (https://capitalatlas.ai/funds/section-32) — Series A, Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B
- Schroders Capital (https://capitalatlas.ai/funds/schroders-capital) — Series C
- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Series C, Series D, Series E
- DTCP — Series C
- Mirae Asset Global Investments (https://capitalatlas.ai/funds/mirae-asset-global-investments) — Series C
- Thomvest Ventures (https://capitalatlas.ai/funds/thomvest-ventures) — Series C
- NVIDIA Corporation — Series C, Series D, Series E
- Oracle Capital Partners (https://capitalatlas.ai/funds/oracle-capital-partners) — Series C
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series C
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series C, Series D, Series E
- S Ventures — Series C
- Public Sector Pension Investment Board — Series D, Series E
- Cisco Systems, Inc. — Series D
- Export Development Canada — Series D
- Fujitsu — Series D
- AMD Ventures (https://capitalatlas.ai/funds/amd-ventures) — Series D, Series E
- Healthcare of Ontario Pension Plan — Series E
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series E
- Nexxus Capital Management — Series E
- TD Bank
- Schwarz-Gruppe
- Government of Canada
- Schwarz Group
- Schwarz Group companies
- Canada
- Canadian government
- BCE
- Nvidia
- Prosperity7 Ventures
- Bell Canada
- Bell Ventures (https://capitalatlas.ai/funds/bell-ventures)
- Bullhound Capital