Cohere was founded in 2019 by Aidan Gomez, Nick Frosst, and Ivan Zhang. The artificial intelligence company provides access to industry-leading large language models (LLMs) and enterprise search capabilities through its API platform. Gomez, a co-author of the groundbreaking "Attention Is All You Need" paper that introduced the transformer model, brings his expertise from Google Brain to drive Cohere's mission of making LLMs accessible and valuable to businesses worldwide. Cohere’s flagship products include Command for building chatbots and knowledge assistants, Embed for enhancing enterprise search, and Rerank for improving the relevance of search results. Cohere's language models use transformer architecture and are trained on supercomputers, enabling high-quality NLP without expensive in-house development.
To accelerate enterprise adoption, Cohere has formed strategic partnerships with Google Cloud and Oracle. The company prioritizes privacy and security, allowing deployment on any cloud platform or on-premises. Cohere has raised over $440 million from top investors and holds a $3 billion valuation as of August 2023.
As an employee at Cohere, you would have the opportunity to work alongside a world-class team of AI researchers and engineers, including Chief Scientist Phil Blunsom, formerly of DeepMind, and Director of Data Wojciech Galuba, who previously worked on Meta's AI efforts. Risk-wise, Cohere must navigate the increasing availability of open-source LLMs, such as Stable LM and Llama 2, which could lead to the commoditization of commercial LLMs, potentially impacting Cohere's market position and profitability. To maintain its competitive edge, Cohere will need to continually innovate, differentiate its offerings, and prioritize the development of responsible AI solutions that mitigate these risks.
2019
Founded
500-1k
Employees
Series C
Stage
$2B
Latest Valuation
$200-400M
Total Funding
May 08 2023
Last Fundraise
Why is the rating
Historical Peer Benchmarks
Verkada 2020
$1.6B (2020)
$3.3B (2023)
Nuro 2019
$2.34B (2019)
$8.6B (2021)
Devoted 2018
$1.8B (2018)
$12.9B (2023)
Top Previous Employers
Meta
Microsoft
University of Toronto
Amazon
Investors
Index Ventures
Notion, Roblox, Confluent