Loading...
Market
What will be Cohere's valuation in its next funding round by the end of 2025?
3
Resolution / Starting Odds
Below $6 billion • 25%
$6 billion to $7.5 billion • 25%
$7.5 billion to $9 billion • 25%
Above $9 billion • 25%
Less than $7 billion • 25%
$7 billion to $8.5 billion • 25%
$8.5 billion to $10 billion • 25%
More than $10 billion • 25%
Official funding announcement from Cohere
Story
Toronto-based AI Startup Cohere Raises $500 Million in Series D Funding at $5.5 Billion Valuation
Jul 22, 2024, 02:36 PM
Toronto-based AI startup Cohere has raised $500 million in a Series D funding round led by Canadian pension fund PSP, achieving a valuation of $5.5 billion. This follows a previous funding round in 2023 where the company raised $270 million at a $2.2 billion valuation. Cohere, known for its innovative large language models, aims to use the new funds to further develop its technology and help enterprises adopt these models. The company is now one of the world's most valuable AI startups and a leading player in the Canadian tech scene. Cohere's backers include notable names such as Cisco and AMD. The funds will also help Cohere compete against generative AI rivals.
View original story
Similar markets
Less than $23 billion • 25%
$23 billion to $25 billion • 25%
$25 billion to $27 billion • 25%
More than $27 billion • 25%
Enterprise AI Solutions • 25%
Consumer AI Products • 25%
Licensing and Partnerships • 25%
Other • 25%
Most valuable startup • 25%
Second most valuable startup • 25%
Third most valuable startup • 25%
Fourth or lower • 25%
Below $30 billion • 25%
$30 billion to $35 billion • 25%
$35 billion to $40 billion • 25%
Above $40 billion • 25%
Less than $400M • 25%
$400M to $499M • 25%
$500M to $599M • 25%
$600M or more • 25%
$23B to $30B • 25%
$30B to $35B • 25%
$35B to $40B • 25%
Over $40B • 25%
Less than $1.5 billion • 25%
$1.5 billion - $2 billion • 25%
$2 billion - $2.5 billion • 25%
More than $2.5 billion • 25%
Below $800M • 25%
$800M - $899M • 25%
$900M - $999M • 25%
$1B or more • 25%