The closest alternatives to Cohere are OpenAI, Anthropic and Hugging Face. Cohere generates $240M in revenue with 450 employees. Every one of the 4 competitors below is compared with Cohere on revenue, funding, customers, team size and founding year.
Cohere is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.
| Company |  CohereThis company |  OpenAI |  Anthropic |  Hugging Face |  AI21 Labs |
|---|---|---|---|---|---|
| Revenue | $240M | $20B | $47B | $130.1M | $57.8M |
| Valuation | $7B | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Funding raised | $1.6B | $138.4B | $87.6B | $235M | $461.5M |
| Customers | Not disclosed | 2M | 300K | 50K | Not disclosed |
| Team size | 450 | 4.5K | 2.3K | 769 | 242 |
| Growth | 140% | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Founded | 2019 | 2015 | 2021 | 2016 | 2017 |
| HQ | Toronto, Canada | United States | United States | United States | Israel |
United States · Generative AI Software
OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artificial intelligence benefits all of humanity. AI is an extremely powerful tool that must be created with safety and human…
United States · Generative AI Software
We're an AI research company that builds reliable, interpretable, and steerable AI systems. Our first product is Claude, an AI assistant for tasks at any scale. Our research interests span multiple areas including…
Israel · Generative AI Software
Bringing artificial intelligence (AI) into the 21st century involves advancing technologies and applications to maximize their potential and impact on society. This includes improving AI algorithms, enhancing data…
Cohere ranks #31 of 7,646 Generative AI Software companies by annual revenue, putting it in the top 1% of the market.
| Date | Round | Amount | Valuation |
|---|---|---|---|
| Sep 2025 | Funding round | Not disclosed | $7B |
| Sep 2025 | Series D | $100M | $6.7B |
| Sep 2025 | Funding round | $600M | Not disclosed |
| Aug 2025 | Series D | $500M | $5.5B |
| Jun 2023 | Series C | $270M | $2.2B |
| Sep 2022 | Series B | $125M | $5B |
| Jun 2021 | Series A | $40M | Not disclosed |
The closest alternatives to Cohere are OpenAI, Anthropic and Hugging Face, all active in Generative AI Software. This page compares each of them with Cohere on revenue, funding, customers and team size.
OpenAI is the closest alternative to Cohere, generating $20B in revenue. Which alternative fits best depends on budget and company size, so compare all 4 competitors above before choosing.
Cohere generates $240M in revenue.
Cohere has raised $1.6B in funding.
No. OpenAI generates $20B in revenue versus $240M at Cohere.
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