Startup
Cohere
Toronto-founded AI company developing models and software for businesses and governments.
Key details
- Profile type
- Organization
- Geography
- Toronto, Ontario, Canada
- Stage
- Not publicly stated
- Sector
- Enterprise artificial intelligence
- Founder groups
- Not publicly stated
- Last verified
- Oct 30, 2026
About Cohere
Cohere develops AI models and enterprise software for businesses and governments. Founded in Toronto, the company provides deployment options for organizations handling sensitive data. On October 29, 2026, Cohere announced an initial close of its Series E, targeting up to CAD $7 billion, led by the companies of Schwarz Group. Canada separately announced a commitment to invest up to CAD $1.6 billion in equity, to be made in stages. The full Series E target is not described as money already received.
Official source
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