Emerging and High Growth Companies

Cohere in its US$125 million Series B financing round

Cohere
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Jennifer Humphrey

Associate, Emerging and High Growth Companies, Toronto

Bryan Salazar

Associate, Emerging and High Growth Companies, Toronto

Ryan Unruch

Partner, Emerging and High Growth Companies, Toronto

 

On February 15, 2022, Cohere announced it has completed its US$125 million Series B financing round. Cohere’s Series B round was led by Tiger Global, with follow-on participation from founding investor Radical Ventures, Index Ventures, and Section 32. Cohere plans to use the fresh capital to fuel its platform development efforts, expand its team, and open a new office in Palo Alto, California.

Cohere is a Toronto-based software company specializing in its Natural Language Processing platform which composes, compares and comprehends natural language in AI models.

Osler, Hoskin & Harcourt LLP advised Cohere with a team consisting of Chad Bayne, Ryan Unruch, Jennifer Humphrey, Dhananjay Ghildyal, Bryan Salazar (Emerging and High Growth Companies), and Michael Sproule (Corporate).

Value
US$125 million
Date Closed
February 15, 2022
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Jennifer Humphrey

Associate, Emerging and High Growth Companies, Toronto

Bryan Salazar

Associate, Emerging and High Growth Companies, Toronto

Ryan Unruch

Partner, Emerging and High Growth Companies, Toronto