An index of frontier and emerging AI labs.
Enterprise LLMs
Enterprise-focused LLM and retrieval platform (Command and Embed model families). In April 2026 announced a merger / acquisition of Germany's Aleph Alpha with €500M strategic financing from Schwarz Group, creating a transatlantic sovereign AI entity at a combined ~$20B valuation.
| Name | Cohere |
|---|---|
| Space | Enterprise LLMs |
| Founded | 2019 |
| Latest valuation | ~$7B |
| Stage | — |
| Status | active |
| HQ | Toronto |
| Founders | Aidan Gomez, Ivan Zhang, Nick Frosst |
| Website | https://cohere.com |
| Careers | https://cohere.com/careers |
| — | |
| X / Twitter | — |
| Date | Round | Amount ($M) | Valuation | Confidence |
|---|---|---|---|---|
| — | — | — | ~$20B (pending merger) | reported |
No founders recorded yet. Submit info.
| Date | Type | Title | Source |
|---|---|---|---|
| 2026-06-03 | added | Cohere added to tracker Latest valuation: ~$20B (pending merger). | — |
No sources cited.
| Lab | Valuation | Founded |
|---|---|---|
| Aleph Alpha | $3B | 2019 |
| Writer | $1.9B | 2020 |
| AI21 Labs | $1.4B | 2017 |
| Fundamental | $1.2B | 2024 |