Emerging and High Growth Companies

Cohere in its US$40 million Series A financing round

Cohere
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Jennifer Humphrey

Associate, Emerging and High Growth Companies, Toronto

 

On September 7, 2021, Cohere announced it had completed its US$40 million Series A financing round led by Index Ventures and included Section 32, Radical Ventures and multiple global AI luminaries such as Geoffrey Hinton, Fei-Fei Li, Pieter Abbeel, and Raquel Urtasun. The proceeds from the funding round will be used to grow Cohere’s team and accelerate the adoption of its platform.

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 and Jennifer Humphrey (Emerging and High Growth Companies).

Value
US$40 million
Date Closed
September 15, 2021
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Jennifer Humphrey

Associate, Emerging and High Growth Companies, Toronto