Artificial Intelligence · Toronto, Canada
Cohere
$71.45
−4.17% today
About Cohere
Enterprise foundation-model provider focused on retrieval, multilingual, and private-cloud deployments. Sells through hyperscaler partnerships and direct enterprise contracts.
- Founded
- 2019
- Headquarters
- Toronto, Canada
- CEO
- Aidan Gomez
- Employees
- 410
- Last valuation
- $6B
- Total funding
- $1.45B
Funding history
Priced rounds with a disclosed valuation — newest first.
| Round | Valuation | Date |
|---|---|---|
| Extension | $7B | Sep 2025 |
| Round | $6.8B | Aug 2025 |
| Series D | $5.5B | Jul 2024 |
| Series C | $2.2B | Jun 2023 |
| Series B | $2.2B | Feb 2022 |
Recent news
Updated weekly · 5 items
- Jul 23, 2026Groupe Dynamite appoints former Cohere executive Martin Kon to board of directorsretail-insider.com
- Jul 22, 2026Humain and Cohere partner to build one of the Middle East's largest AI infrastructure deploymentsFast Company Middle East
- Jul 21, 2026Cohere explained: what the enterprise AI company doesqz.com
- Jul 19, 2026University of Toronto partners with Cohere on enterprise-wide AI platformEdTech Innovation Hub
- Jul 16, 2026U of T partnership with Cohere sets the stage for responsible AI adoption at scaleUniversity of Toronto
Frequently asked
What am I actually buying when I invest in Cohere?
A fractional position in Cohere's shares. VeldenStake sources a finite block of real shares and resells fractions to you; your position appears in your portfolio at the prevailing private-market price and is held until Cohere goes public.
Can I sell my position before the IPO?
No. Pre-IPO shares are private and illiquid — there's no secondary market to sell them back into, and transfers require the company's approval. Your position is locked until Cohere IPOs or is acquired. This is the same arrangement every pre-IPO investor accepts.
What happens when the company goes public?
When Cohere IPOs, your position settles at the IPO price and you choose how to receive it — cash credited to your balance, or the shares delivered to you.
How is the price set?
The displayed price reflects the latest private-market reference price for the company, anchored to recent funding rounds and tender activity.
Are there any fees?
A 1% commission applies to each purchase. It's shown on the order ticket and confirmation screen before you submit — added on top of the subtotal. Deposits and withdrawals are free.
What if Cohere never IPOs?
Your position remains valid as long as Cohere exists. If it's acquired, your position is paid out at the deal price. If it stays private, you keep holding until a liquidity event.
Live
−4.17%$71.45
per share · refreshed live
Settles instantly · 1% commission · held until IPO
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