Cohere Stock
Cohere offers an API that gives users access to NLP and large language model technologies.
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About Cohere Stock
Cohere is a platform for Natural Language Processing (NLP) that offers developers and businesses access to the latest generation of large language models. Their primary goal is to build machines capable of understanding the world and making it accessible to all. Cohere provides cost-effective and easy-to-deploy large language models, enabling computers to read and write effectively. It serves various purposes, such as analyzing customer feedback and generating customized, persuasive content.
Cohere was founded in 2019 by Aidan Gomez, Nick Frosst and Ivan Zhan. The company is headquartered in Toronto, Canada. Notable investors include Oracle, Nvidia and Tiger Global Management.
Investors
NVIDIA
Oracle Corporation
Tiger Global Management
Flipkart, Delhivery, Ather Energy, Databricks, Grab, Chime, Ola, Quikr, Palantir Technologies, CoinSwitch Kuber
Funding History
| December 2019 | $2.5M |
|---|---|
| June 2021 | $707K |
| June 2021 | $2.5M |
| June 2021 | $2.6M |
| June 2021 | $40.5M |
| June 2021 | $1.0M |
| December 2021 | $138M |
| May 2023 | $300M |
Management
Co-founder & CEO
Aidan Gomez
Co-founder
Nick Frosst
Press
betakit - Sep, 11 2023
A|I: The AI Times – Cohere reportedly hunting for fresh funding as OpenAI passes $1B revenue pacenews - Aug, 23 2023
Hugging Face Hits $4B Valuation After Salesforce Ventures-Led Round — Reportnews - Aug, 3 2023
This Under-The-Radar Firm From Berlin Is The Most Active Investor In New Unicorns So Far In 2023news - Jul, 7 2023
North American Startup Funding Fell Across All Stages In Q2news - Jul, 5 2023
AI Was Q2’s Big Hope To Reverse The Global Venture Funding Slowdown. It Wasn’t Enoughnews - Jun, 27 2023
From AI To SVB And Everything In Between — A Quick Look Back At The First Half Of 2023news - Jun, 21 2023
Corporates Are Getting Aggressive In AI Deals — Who Could Be Next?news - Jun, 13 2023
AI-Generated Video Platform Synthesia Receives Nvidia Backing At Unicorn Valuationnews - Jun, 12 2023
Salesforce Ventures Doubles Down On AI Investmentsnews - Jun, 8 2023
AI Startup Cohere Locks Up $270M At $2.2B Valuationnews - Jun, 8 2023
New Unicorns In May Hit Double Digits With Two AI Companiesnews - Jun, 6 2023
Global Venture Funding Leveled In May 2023 Despite Big AI Raisesnews - May, 31 2023
AI Investing Boom Is Not New To Tech Giants (At Least Not Their VC Arms)news - Mar, 27 2023
The Four Developments Propelling AI Forward: A Conversation With General Catalyst’s Deep Nisharnews - Mar, 8 2023
AI Startup Anthropic Raising Another $300M At $4.1 Valuation — Reportnews - Mar, 7 2023
Salesforce And Its Venture Arm Latest To Join AI Crazenews - Feb, 15 2023
We’ve Seen This Before: Investors Take To The Next Shiny Toy — AInews - Jan, 30 2023
OpenAI Rival Anthropic Expected To Nab $300Mnews - Nov, 3 2022
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