Cohere Stock $100.00

Forge Price BeaconForge Price 1 updated December 22, 2024

cohere.aiEnterprise Software / Data IntelligenceFounded: 2019Funding to Date: $

Cohere is an AI technology company which offers natural language processing (NLP) models to organizations and developers. Cohere’s models are intended to help businesses integrate advanced language understanding and generation into their products. The company aims to make NLP tools accessible and efficient for businesses looking to harness AI. This company was founded by Aidan Gomez, Ivan Zhang, and Nick Frosst in 2019 and is headquartered in Toronto, ON.

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Cohere Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
12/22/2024
Price per Share
$100.00
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Cohere Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
06/04/2024 Series D -- $xx.xx $5B --
Price per Share
$xx.xx
Shares Outstanding
--
Liquidation Pref Order
--
Liquidation Pref As Multiplier
--
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
--

Cohere Investors Also Invested in These Private Companies

Millennia Capital
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Fujitsu
Public Sector Pension Investment Board
Hermitage Capital
Ironarc Ventures
Soul Ventures
Assured Asset Management
Brilliant Phoenix Capital Management
Export Development Canada

Leadership & Board

Leadership

Aidan Gomez
Co-Founder & Chief Executive Officer
Nicholas Frosst
Co-Founder
Ivan Zhang
Co-Founder
Martin Kon
President & Chief Operating Officer
Saurabh Baji
Senior Vice President of Engineering
Nora Beatty
Vice President of People Operations
Jaron Waldman
Chief Product Officer
Phil Blunsom
Chief Scientist & Senior Vice President of Generative Modeling
Sara Hooker
Vice President of Cohere For AI
Rodrigue Hajjar
Vice President of Engineering
Meini Heuberger
Vice President of Revenue
Laura Moss
Vice President of Finance
Abhishek Sinha
Vice President of Product
Morgan Norman
Vice President of Marketing

Board

Jordan Jacobs JD
Radical Ventures
Michelangelo Volpi
Index Ventures

Cohere stock FAQs

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Can you buy Cohere stock?

As Cohere is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Cohere, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Cohere stock?

To invest in a private company like Cohere through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Cohere stock?

Yes, you may sell the Cohere stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Cohere stock?

If you hold private company shares of Cohere – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Cohere on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Cohere a public company?

No, Cohere is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Cohere’s stock price?

Cohere is a private company, meaning it does’t have a publicly traded stock price. However, as of 12/22/2024 the Cohere Forge Price is $100.00 per share. The Forge Price is a derived price calculated for private companies like Cohere to provide insights into their current valuation. Learn more about Forge Price.
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What is Cohere’s stock ticker symbol?

Cohere does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Cohere News and Media Highlights

Cohere is quietly working with Palantir to deploy its AI models

Cohere is one of the best-known AI startups outside of OpenAI and Anthropic, hitting a $5.5 billion valuation as of July. It’s co-founded by an author of the “Attention Is All You Need” paper that helped launch the large language model (LLM) revolution. Based in Toronto and San Francisco, Cohere sells AI to enterprise customers and doesn’t have a viral consumer chatbot. While Anthropic made headlines last month for a deal it inked with Palantir and AWS to sell AI to defense customers, TechCrunch has learned that Palantir is also a Cohere partner.

Cohere’s Rerank 3.5 is here, and it’s about to change enterprise search forever

Artificial intelligence company Cohere released a powerful new search model today that promises to transform how global businesses find and use their data across languages and complex systems. The new model, Rerank 3.5, arrives as businesses struggle with increasingly complex data environments and multilingual operations. Its most notable advancement is the ability to process queries across more than 100 languages, with particular strength in major business languages including Arabic, Japanese, and Korean.

Cohere just made Command R smarter. Here’s why businesses should care

Canadian startup Cohere announced significant improvements to its Command R series of large language models (LLMs) on Friday, aiming to enhance performance in coding, math, reasoning, and latency for its enterprise clients. The upgrades come as the company seeks to solidify its position in the competitive AI market. The latest update to the Command R series addresses key pain points for corporate clients, including improved performance in complex coding tasks and enhanced mathematical capabilities.

Cohere raises $500M to beat back generative AI rivals

Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million in new cash from investors including Cisco, AMD and Fujitsu. The round, which also had participation from Canadian pension investment manager PSP Investments and Canada’s export credit agency EDC, values Toronto-based Cohere at $5.5 billion, according to Bloomberg. That’s more than double the startup’s valuation from June 2023, when it secured $270 million from Inovia Capital and others, and brings Cohere’s total raised to $970 million.
Browse Insights
Updated on: Dec 22, 2024

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