Cohere raises $500 million to expand secure enterprise AI
Radical Ventures and Inovia Capital co-led the August 2025 round at a $6.8 billion valuation.
Cohere announced a $500 million financing on 14 August 2025 at a $6.8 billion valuation. Radical Ventures and Inovia Capital co-led the oversubscribed round.
Participants included AMD Ventures, NVIDIA, PSP Investments, Salesforce Ventures and the Healthcare of Ontario Pension Plan, known as HOOPP.
The company planned to use the new capital for international expansion and the development of secure enterprise and sovereign AI products. Its North platform combines AI agents with language and retrieval models to help organizations work across business information while maintaining control of their data.
Use of funds
Global expansion
Develop secure enterprise and sovereign AI products