Cohere Raises $125M Series B To Fuel Rapid Platform Development And Scale International Footprint
Amount Raised
$125 Million
Round Type
Series B
TorontoOtherInformation TechnologyFinancial ServicesSoftwareData And AnalyticsArtificial IntelligenceMachine LearningImage RecognitionDescription
Cohere, the natural language processing (NLP) platform enabling broad access to cutting-edge language generation and understanding technology, announced today that it has raised $125M USD in a Series B round led by Tiger Global, with participation from founding investor Radical Ventures and returning investors Index Ventures and Section 32. The latest fundraise brings Cohere’s total funding raised to date to over $170M USD. Cohere has also announced that Bill MacCartney has joined as Vice President of Engineering and Machine Learning, and will spearhead the opening of the company’s new Palo Alto office.
Quick answer
Cohere raised $125 Million in a Series B round, dated February 16, 2022. Cohere is based in Toronto, Ontario, Canada.
- How much did Cohere raise?
- Cohere raised $125 Million in a Series B round on February 16, 2022.
- 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 $56M (Series A) on February 4, 2022.
- Haystacks.Ai raised an undisclosed amount (Funding Round) on March 22, 2022.
- Fathom raised $4.7M (Seed) on January 24, 2022.
- Mostly Ai raised $25M (Funding Round) on January 11, 2022.
- Pinecone raised $28M on April 1, 2022.
- Builder.ai raised $100M (Series C) on March 30, 2022.
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
Works inside ChatGPT and Claude. Ask who to call at Cohere. With Fundz connected, it knows.
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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.
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Funding Insights
What this usually meansCohere 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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