Big round · 29 October 2026

Cohere raises $5.0B Series E led by Schwarz Group

By Millionrounds ResearchPublished 30 October 2026Updated 4 November 2026

Cohere, based in Canada, has raised $5.0B in a Series E led by Schwarz Group, announced on 29 October 2026. 5 other investors joined. It is the 7th largest equity round we recorded in the twelve months to that date, and the largest Series E of 45. The median Series E over the same period was $280M, so this one is 18 times that. Its previous round on record was a venture round of $100M in August 2026, 3 months earlier.

Raised$5.0B10 sources reported it
StageSeries E2 earlier rounds on record
Investors61 named as lead
Where CACanada

AI

How big is it?

Against every equity round we recorded in the twelve months to 29 October 2026. Ranks count companies, so the same raise reported twice is counted once.

#7equity round of the last twelve months
#1Series E of 45 in that time
#1round in Canada, of 63
This round$5.0B
Median Series E$280M

18 times the median Series E of the last twelve months.

Who invested

Also in the round

Funding history

  1. October 2026Series E$5.0B
  2. August 2026Venture$100M
  3. March 2021Seed$3.1M

$5.1B raised across the 3 rounds we hold.

Reported by

  1. BetaKit29 October
  2. thelogic.co29 October
  3. The Next Web29 October
  4. boersen-zeitung.de29 October
  5. Newswire.ca29 October
  6. PR Newswire29 October
  7. securities.io29 October
  8. Trending Topics29 October
  9. Unite.AI29 October
  10. Crypto Briefing30 October

The round's figures come from these reports; each link opens the original.

Other big rounds that week

Fractile$700M Series CServal$150M Series CUUpwind$400M Series CApproaching.AI$193M Series BGroup14 Technologies$169M Series DDDulo$130M Seed
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