The closest alternatives to Cohere are OpenAI, Anthropic and Hugging Face. Cohere generates $240M in revenue with 450 employees. Every one of the 20 alternatives 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 |  Iterable |  EAB |  DataStax |  ConcertAI |  ESO |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $240M | $20B | $47B | $130.1M | $57.8M | $240M | $238M | $246.9M | $248M | $248.5M |
| Valuation | $7B | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Funding raised | $1.6B | $138.4B | $87.6B | $235M | $461.5M | $342.2M | Not disclosed | $342.6M | $300M | Not disclosed |
| Customers | Not disclosed | 2M | 300K | 50K | Not disclosed | Not disclosed | Not disclosed | 500 | Not disclosed | Not disclosed |
| Team size | 450 | 4.5K | 2.3K | 769 | 242 | 852 | 2.2K | 692 | 819 | 741 |
| Growth | 140% | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Founded | 2019 | 2015 | 2021 | 2016 | 2017 | 2013 | 2007 | 2010 | 2018 | 2004 |
| HQ | Toronto, Canada | United States | United States | United States | Israel | United States | United States | United States | United States | United States |
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…
United States · Generative AI Software
At EAB, we are insight-chasers and innovators, and our teams are as diverse as the problems we solve. For four decades, we’ve delivered extraordinary results, and we proudly support 2,800+ organizations from K-12 to…
United States · Generative AI Software
The company that owns datastax.com is DataStax, Inc. DataStax is a software company that specializes in delivering an always-on, distributed database platform built on Apache Cassandra. The company was founded in 2010…
United States · Generative AI Software
ConcertAI is an AI-powered SaaS data company in healthcare that develops medical research tool in oncology.
United States · Generative AI Software
ESO is the largest software and data solutions provider to EMS agencies and fire departments, offering an integrated suite of software products that transform how first responders collect and manage data.
United States · Generative AI Software
ClickHouse is an open-source, column-oriented OLAP database management system that allows users to generate analytical reports using SQL queries in real-time. Its technology works 100-1000x faster than traditional…
United States · Generative AI Software
An AI Agent engine where specialized AI agents perform research and generate custom pages called Sparkpages. Free from biases and SEO-driven content, Sparkpages synthesize trustworthy information, offering more valuable…
United States · Generative AI Software
An AI Agent engine where specialized AI agents perform research and generate custom pages called Sparkpages. Free from biases and SEO-driven content, Sparkpages synthesize trustworthy information, offering more valuable…
United States · Generative AI Software
Innovaccer enhances healthcare software with intelligence, aiming to empower providers with data for better care. It offers a Data Activation Platform, AI Engine, and AI-powered agents/co-pilots, and a Healthcare…
India · Generative AI Software
Developer of a cloud-based medical networking platform designed to offer recommendations on healthcare interventions. The company's cloud-based medical networking platform monitors and gathers updated medical results…
United States · Generative AI Software
Majesco is the partner P&C and L&AH insurers choose to create and deliver outstanding experiences for customers. We combine our technology and insurance experience to anticipate what is next, without losing sight of…
United States · Generative AI Software
1X Technologies is a Norwegian-American robotics and artificial intelligence company developing general-purpose humanoid robots for home environments.
United States · Generative AI Software
Bloomreach is a software company that provides a digital experience platform for businesses. Their platform helps businesses deliver personalized and relevant content to their customers across multiple channels…
United States · Generative AI Software
Provider of information technology services intended to address complex issues and capitalize on opportunities to help deliver better outcomes. The company's services use digital components such as analytics, mobility…
Cohere ranks #30 of 7,633 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. 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 20 alternatives 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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