Today, we’re announcing that Cohere has secured an additional $100 million from investors as part of a second close to our latest funding round, bringing our valuation to approximately $7 billion.

We will use this funding to further accelerate the development and global adoption of our security-first enterprise AI technology across the public and private sectors. This comes as we are rapidly scaling our operations across North America, APAC and EMEA to meet the increasing demand for secure and sovereign AI solutions. As organizations prioritize data control and compliance, our solutions are uniquely positioned to address this critical gap in the market.

This push comes as we have released the latest generation of frontier enterprise-grade AI models, the Command A series, including Command A Vision, Command A Reasoning, and Command A Translate. This comprehensive suite of models is specifically designed to excel at powering high-stakes agentic business applications with broad multilingual support for global teams, top-tier efficiency for private deployments (2 or fewer GPUs), and strong accuracy with citations and reasoning chains of thought.

Our models seamlessly integrate with our fully private and customizable agentic AI platform, North, purpose-built for businesses and governments handling sensitive data. North powered agents are now actively transforming critical sectors—finance, healthcare, manufacturing, telecommunications, energy, and government—delivering massive efficiency and productivity gains behind your secured firewalls.

Our strategic focus is driving significant growth through impactful partnerships with leading global enterprises across industries, including Dell, RBC, Bell, LG CNS, Fujitsu, SAP, and others. Most recently, we’ve announced our expanded collaboration with AMD to provide customers with access to cutting-edge compute infrastructure and enable AMD’s teams to leverage North for internal and engineering AI workloads.

The round’s investors now include Business Development Bank of Canada (BDC) and Nexxus Capital Management, in addition to previously disclosed participants AMD Ventures, Healthcare of Ontario Pension Plan (HOOPP), Inovia, NVIDIA, Public Sector Pension Investment Board (PSP Investments), Radical Ventures, and Salesforce Ventures.

“The strong investor demand following our first close last month is a big endorsement of our momentum deploying secure and sovereign AI for the enterprise,” said Cohere’s CFO Francois Chadwick. “We believe that Cohere’s AI solutions are meeting an ignored demand in the market for technology that truly improves the efficiency of businesses and governments, while keeping full control of their data in their own hands.”

“Cohere is a leader in the generative AI space, which is key for our Canadian businesses to make significant productivity gains and for BDC as a development bank,” said Geneviève Bouthillier, Executive Vice President, BDC Capital. “Cohere’s continued focus on innovation, customer value, data privacy and vertically integrated AI applications makes them stand out in their field and should lead to them shaping the global landscape for AI.”

If you’re interested in joining the team, apply here.

Cohere adds $100M in second close to latest round as it scales security-first enterprise AI