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Cohere

Cohere is a Toronto-based AI company, founded in 2019, that builds large language models and retrieval/embedding tools marketed for enterprise use in regulated industries such as finance and healthcare.

DirectFoundation models

C066 · Private · Not publicly traded · Profile evidence reviewed

What it does

Cohere is a Toronto-based AI company, founded in 2019, that builds large language models and retrieval/embedding tools marketed for enterprise use in regulated industries such as finance and healthcare.

Why it matters

Cohere focuses specifically on enterprise and regulated-industry AI deployment rather than consumer chatbots, and counts NVIDIA, Oracle, Salesforce, Cisco and AMD among its investors.

How it makes money

Cohere earns revenue by licensing its models and API access to enterprise customers, reporting roughly $240 million in annualized revenue as of February 2026.

Geography

Canada (Toronto)

AI stack position

Foundation models and AI laboratories. The organizations actually building the AI models themselves, like the systems behind ChatGPT, Claude or Gemini. This is the most crowded, fastest-moving layer of the AI economy right now.

Competitors
Anthropic

Connections (3)

Every connection below is tied to a readable source, date, classification and statement of its limits. A company source establishes what that company stated; it does not necessarily provide independent confirmation.

Current relationships (2)

NVIDIA invests in Cohere
Invested inCurrent
NVIDIA participated as an investor in Cohere's $500 million funding round, which closed at a $6.8 billion valuation, reported in August 2025.

Source: 2025-08-14 · reviewed 2026-09-20

Evidence: Secondary reporting (unconfirmed by primary parties) · Completed

Limits: Does not establish NVIDIA's specific investment amount within the round or its resulting ownership percentage in Cohere.

Nvidia backs $500M funding round for Cohere at $6.8B valuation ↗
Cohere offers models through Amazon Bedrock Amazon Web Services
Partners withCurrent
Cohere's own blog states that its enterprise AI models are available to customers through Amazon Bedrock, an AWS managed model service.

Source: Source undated · reviewed 2026-09-20

Evidence: Primary-source statement · Reported operating

Limits: Describes model availability on the Bedrock platform; does not establish contract value, exclusivity, or usage volume.

Cohere Brings its Enterprise AI Offering to Amazon Bedrock ↗

Comparisons (1)

Cohere competes with Anthropic
Competes withComparison only
Cohere and Anthropic both develop proprietary large language models marketed for enterprise use, placing them in overlapping segments of the enterprise AI market.

Source: Source undated · reviewed 2026-09-20

Evidence: Analytical comparison · Reported operating

Limits: Reflects overlapping product categories, not a claim from either company about the other, and does not indicate relative market share.

Cohere ↗
Evidence for this profile

Cohere ↗
Reviewed

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Inclusion in this database is not an endorsement of a company or its securities. Nothing here is a recommendation to buy or sell anything, and none of it is individualized investment advice. See the disclosures. Data: AI Map v3.22, released .