Overview
Cohere, a Canadian AI startup, achieved $240 million in annual recurring revenue in 2025, surpassing its $200 million target with over 50% quarter-over-quarter growth. Backed by investors like Nvidia, AMD, and Salesforce, Cohere focuses on generative AI models that help enterprises manage costs and resources efficiently. The company launched an enterprise platform called North for custom AI workflows and is considering an IPO in 2026.
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Investors: Nvidia, AMD, Salesforce
Cohere, a Canadian AI startup, achieved $240 million in annual recurring revenue in 2025, surpassing its $200 million target with over 50% quarter-over-quarter growth. Backed by investors like Nvidia, AMD, and Salesforce, Cohere focuses on generative AI models that help enterprises manage costs and resources efficiently. The company launched an enterprise platform called North for custom AI workflows and is considering an IPO in 2026.