
Cohere
Building machines that understand the world and making them safely accessible to all.
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
$5.0m | Early VC | ||
* | $40.0m | Series A | |
* | $125m | Series B | |
* | $270m Valuation: $2.0b | Series C | |
* | N/A | Late VC | |
* | $500m Valuation: $5.5b 157.1x EV/Revenue | Series D | |
* | N/A | Grant | |
* | $500m Valuation: $6.8b 194.3x EV/Revenue | Late VC | |
Total Funding | $1.4b |
USD | 2023 | 2024 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 169 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Company filings or news article
Related Content
Cohere specializes in providing access to advanced Natural Language Processing (NLP) tools and Large Language Models (LLMs) through a user-friendly API. The company serves a diverse range of global clients, including businesses looking to enhance their content generation, summarization, and search capabilities. Operating in the artificial intelligence and machine learning market, Cohere's business model revolves around offering scalable and affordable generative AI tools. The company generates revenue by providing API access to its pre-trained models, which are capable of performing tasks such as text classification, sentiment analysis, and semantic search across multiple languages. Cohere's platform is designed to be easily customizable, allowing businesses to build smarter and faster solutions. The company's multilingual support breaks down language barriers, making it a versatile tool for international applications.
Keywords: NLP, Large Language Models, API, content generation, summarization, semantic search, text classification, sentiment analysis, multilingual, AI tools.