Canada · Series E startup

Who invested in Cohere

4 rounds we have observed, with the 19 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIEnterprise SoftwareGenerative AI

Raised this monthValuation: $2.0B, Mar 2026

Funding summaryUpdated 5 Nov 2026

$5.6Braised across 4 rounds since 2021, from 26 sources

$3.1MSeed$500MRound$100MVenture$5.0BSeries E
Latest round
Series E, $5.0BOct 2026
Led by
Schwarz Group
Step-upi
50×
Investors
19 (3 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

202120222023202420252026
$3.1MSeed$500MRound$100MVenture$5.0BSeries E
First round
Seed, $3.1M
Mar 2021
Biggest round
$5.0B
Series E · Oct 2026
Usual gap between rounds
12 months
the median of 3

The rounds

  1. Oct 2026
  2. Aug 2026
  3. Aug 2025
  4. Mar 2021
    Seed$3.1M5 new

    Source recordedSEC filing: $242K sold, first sale Dec 2019

Founders and team

From Cohere's own website: 3 founders, 4 on the team.

Aidan GomezCo-founder and CEO
Ivan ZhangCo-founder
Nick FrosstCo-founder
  • Frank O’DowdChief Revenue and Commercial Officer
  • François ChadwickChief Financial Officer
  • Joelle PineauChief AI Officer
  • Phil BlunsomChief Technology Officer

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

NVIDIACompany3rounds
Inovia CapitalVC firm2rounds, led 1
Radical VenturesVC firm2rounds, led 1
Salesforce VenturesCorporate VC2rounds
Schwarz GroupVC firm1round, led 1
Y CombinatorAccelerator1round
Alumni VenturesVC firm1round
Index VenturesVC firm1round
BoxGroupVC firm1round
Initialized CapitalVC firm1round
Government of CanadaGovernment1round
Shrug CapitalVC firm1round
AMD VenturesVC firm1round
Prosperity7 VenturesCorporate VC1round
Bullhound CapitalVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 18 firms list Cohere as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

NAPVC firmPer its own site
S32VC firmPer its own site
Section 32VC firmPer its own site
Firestreak VenturesVC firmPer its own site
1802 VenturesVC firmPer its own site
AI GrantAcceleratorPer its own site
BackHomeCapitalFamily officePer its own site
ConduitAcceleratorPer its own site
Gauntlet VenturesVC firmPer its own site
Launchbay CapitalGrowth equityPer its own site
Midway Venture Partners, LLCGrowth equityPer its own site
OkeanosVC firmPer its own site
PAWAOVC firmPer its own site
Palo Alto Growth CapitalGrowth equityPer its own site
Riverbend CapitalVC firmPer its own site
Strategxy Ventures LLCVC firmPer its own site
excelsior.vcVC firmPer its own site

Quick answers about Cohere

Who invested in Cohere?

Cohere's investors include NVIDIA, Inovia Capital, Radical Ventures, Salesforce Ventures and Schwarz Group, and 14 more on record. Schwarz Group led its latest round.

How much has Cohere raised?

Cohere has raised $5.6B across 4 rounds since 2021.

When did Cohere last raise?

Cohere's most recent round was a Series E of $5.0B in Oct 2026, led by Schwarz Group.

What was Cohere's biggest round?

Its most recent round, $5.0B in Oct 2026, is also its largest on record.

Who backed Cohere first?

Cohere's first round on record, in Mar 2021, was backed by Y Combinator, BoxGroup and Initialized Capital and 2 others.

What stage is Cohere at?

Cohere's latest named round is a Series E, in Oct 2026.

Where is Cohere based?

Cohere is based in Canada.

Who led Cohere's rounds?

Inovia Capital led the Undisclosed round in 2025; Schwarz Group led the Series E in 2026.

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