Diligence memo · auto-generated · as of July 2, 2026
Cohere Inc.
Cohere Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Cohere Inc. operates in AI / ML, based in PHOENIX, NY, USA. Support automation that's actually intelligent
Sub-sector tags: Artificial Intelligence, Automation, ai/ml.
Capital & rounds (filed)filed
Cohere Inc. has raised $1.5M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.1M on 2023-02-01.
Most recent recorded round closed around 2023-02-01.
Valuation (modeled)modeled
Provath models Cohere Inc. at approximately $12M (range $940K–$48M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.68× the median modeled value of Seed AI / ML companies in 2022–2024 (73 peers) — value vs value, same stage and era. Within the normal band (68% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 19 months.
Last raise 3.4 yr ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 4.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 74% of AI / ML peers (2067 compared).
Modeled value ranks above 76% of those peers.
Closest niche peers: MD.ai, Inc., Edge AI Solutions Inc., Operative Intelligence Holdings Inc., Bookend AI Inc., Globus AI, Inc..
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.