Fundz

German Software Company Sap Invests In Canadian Ai Platform Cohere

RECENTLY ACQUIREDJul 20, 2023

Round Type

Funding Round

TorontoOtherInformation TechnologyFinancial ServicesSoftwareData And AnalyticsArtificial IntelligenceMachine LearningImage Recognition

Investors

AnthopicAleph AlphaSap

Description

SAP announced the deal alongside comparable investments in Germany's Aleph Alpha and San Francisco-based Anthopic.

Quick answer

Cohere raised an undisclosed amount in a Funding Round round, dated July 20, 2023. Investors: Anthopic, Aleph Alpha and Sap. Cohere is based in Toronto, Ontario, Canada.

How much did Cohere raise?
Cohere raised an undisclosed amount in a Funding Round round on July 20, 2023.
Who invested in Cohere?
Anthopic, Aleph Alpha and Sap are named as investors in this round.
What does Cohere do?
Cohere is a leading AI company focused on providing natural language processing solutions.
Where is Cohere based and how big is it?
Cohere is based in Toronto, Ontario, Canada. Fundz records about 1,300 employees.
Who are the decision-makers at Cohere?
Fundz holds 4 contacts at Cohere, including the Cofounder + CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Data And Analytics around the same time

Companies in the same sectors as Cohere that raised within 45 days of this round, from Fundz verified event records.

  • Celestial AI raised $100M (Funding Round) on June 29, 2023.
  • MobileX raised $519K (Seed) on August 31, 2023.
  • AskUI raised $4.7M (Seed) on August 30, 2023.
  • ControlRooms.ai raised $10M (Funding Round) on August 29, 2023.
  • QUALITI raised $6.5M (Seed) on August 28, 2023.
  • Ikigai Labs raised $25M (Series A) on August 24, 2023.

Who to call at Cohere, and when

A new round usually means Cohere is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Cohere raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Cohere, from your own LinkedIn network

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Company Information

Company

Cohere

Location

Toronto, Ontario, Canada

About

Cohere is a leading AI company focused on providing natural language processing solutions. It aims to make AI accessible for businesses and developers globally. The company promotes a dual-headquartered model that emphasizes its Canadian roots. Cohere is on a mission to empower clients with innovative AI technologies.

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Fundz sees it the moment Cohere raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

4 contacts
Verified contactsAidan G., Cofounder + CEO hidden hidden hiddenSee plans and pricing
Predictive Intelligence
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Cohere raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.