9 Cohere Statistics (2025):
Revenue, Valuation, Funding, Competitors

Cohere is a Toronto-based AI (artificial intelligence) company that builds large language models (LLMs) for enterprise developers.

Founded in 2019 by former Google Brain researchers, Cohere has grown to become one of the top independent AI model providers, competing directly with the likes of OpenAI and Anthropic.

Cohere focuses on building powerful language models for secure on-prem and cloud deployment, helping enterprises bring generative AI to their products.

Continue reading for the latest Cohere statistics in 2025.

Here's a quick breakdown of what we'll cover:

• Cohere Stats (Highlights)
• Cohere Revenue
• Cohere Valuation
• Cohere Funding
• Cohere Investors
• Cohere Partnerships
• Cohere Competitors
• Cohere IPO
• Cohere Founders
• Cohere Employees

• Cohere generated $30 million in revenue in 2024.
• Cohere is projected to reach $70 million in revenue in 2025.
• Cohere has a valuation of $5.5 billion as of July 2024 (Series D).
• Cohere has raised $935 million in total funding.
• Cohere employs around 500 people worldwide.
• Cohere was founded in 2019 by Aidan Gomez, Nick Frosst, and Ivan Zhang.

Cohere generated approximately $30 million in revenue in 2024, a 131% increase from $13 million in 2023.

Cohere is projected to reach $70 million in revenue in 2025, more than doubling year-over-year.

Here's a table of Cohere's estimated revenue from 2021 to 2025:

Cohere has a valuation of $5.5 billion. This comes after its Series D round in July 2024.

The company's valuation has grown 2.5x to $5.5 billion from its last valuation of $2.2 billion.

Here's a table of Cohere's valuation history (public valuations):

Cohere has raised a total of $935 million across five funding rounds, with the $500 million Series D accounting for 53% of total capital raised.

Here's a table of Cohere's funding rounds:

Major Cohere investors include Nvidia, Salesforce Ventures, Cisco, PSP Investments, Oracle, AMD Ventures, Fujitsu, Export Development Canada, Index Ventures, Inovia Capital, Radical Ventures, and Sapphire Ventures.

Cohere has formed partnerships with major cloud providers including: Oracle Cloud Infrastructure, Microsoft Azure, Amazon Web Services, and Google Cloud.

Oracle's Cloud Infrastructure gives businesses a secure, fast platform to train and run Cohere models; Microsoft Azure offers the Command R+ model as a plug-and-play option inside Azure AI.

Amazon Bedrock lets AWS builders drop Cohere's multilingual text generation into their apps; and Google Cloud supplies the extra compute Cohere needs to train and serve its largest models.

Here's a table of Cohere's major partnerships:

Cohere competitors include: OpenAI, Anthropic, Google DeepMind, Meta AI, Mistral AI, and xAI.

Here's a table of Cohere's main competitors and their key models:

Cohere currently has no plans for an IPO, and no SEC filings have been made as of 2025.

Co-founder and CEO Aidan Gomez has not commented on a potential listing, suggesting the company will remain private in the near term.

Cohere was founded in Toronto in 2019 by Aidan Gomez, Nick Frosst, and Ivan Zhang.

The founders retain significant control of the company, including a majority of board seats, allowing them to steer long-term strategy.

Cohere employs roughly 500 people worldwide as of 2025.

That's it for our Cohere statistics for 2025.

Cohere's impressive growth continues to show the fast growing demand for enterprise-ready language models.

With a significant valuation, nearly $1 billion in funding, and a rapidly expanding customer base, Cohere is changing how businesses embed generative AI into their products.

As the LLM market evolves, Cohere's secure, cloud-agnostic approach puts it in a good position to be a key player alongside OpenAI and Anthropic.