Cohere Revenue, Valuation, Funding & Investors

Moonshot AI is a Beijing-based foundation-model company best known for the Kimi family of long-context and multimodal artificial-intelligence assistants. The company develops proprietary large language models, consumer chat products, application-programming interfaces and tools for reasoning over long documents. Its offerings address consumers, software developers and enterprises that use generative AI for research, content, coding and knowledge work. Moonshot monetizes through model access, application subscriptions and usage-based API services while investing heavily in model training and inference infrastructure. Kimi became one of China’s most visible independent AI assistants as the company competed on context length, reasoning and multimodal capabilities. HKIC’s 2025 annual report places Moonshot among its selected AI portfolio companies and dates the investment on its official portfolio timeline.

Safe Superintelligence is a Palo Alto-based AI firm building systems with embedded safety protocols. Launched in 2024, the company develops risk assessment frameworks and mitigation tools to ensure secure deployment of advanced models in enterprise settings.

Project Prometheus is an artificial intelligence company developing AI systems for the physical economy, with applications across engineering and manufacturing in sectors such as aerospace, automotive, and computing. Founded in 2025 and headquartered in San Francisco with offices in London and Zurich, the company is co-led by Amazon founder Jeff Bezos and Vik Bajaj, a chemist and physicist formerly of Google X and co-founder of Verily. Unlike large language models that learn primarily from digital text, Prometheus focuses on AI that learns from real-world experimentation and physical trial and error, aiming to optimize design, production, and performance in industrial settings. The company launched with $6.2 billion in initial funding and subsequently closed a $10 billion round at a valuation of approximately $38 billion, with participation from investors including JPMorgan Chase and BlackRock. Its team has grown to over 120 employees, drawing talent from OpenAI, Google DeepMind, and Meta, and the company acquired agentic AI startup General Agents in 2025.

Z.ai is an advanced artificial intelligence platform known for its GLM model series, multimodal creation tools, and cost-efficient agentic coding environments like ZCode. It provides high-performance reasoning, real-time web search capabilities, and versatile utilities for building full-stack applications and data dashboards.

Cognition is a San Francisco-based applied AI lab developing end-to-end software agents that function as collaborative teammates for engineering projects. Its agents automate complex tasks to boost team efficiency and innovation through https://www.cognition.ai.

Reflection AI is a Brooklyn, New York-based artificial intelligence company that develops open-weight frontier foundation models and autonomous software agents. It was founded in 2024 by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou, and its first product, Asimov, is a code-research agent that helps engineering teams understand and work across large codebases. The company has since repositioned around open frontier models and end-to-end AI systems sold to governments, large enterprises and public sector institutions that want full control over their AI stack. Reflection emerged from stealth in March 2025 with $130 million across a $25 million seed round led by Sequoia Capital and CRV and a $105 million Series A led by Lightspeed Venture Partners and CRV. It raised $2 billion at an $8 billion valuation in October 2025 in a round led by Nvidia, and in April 2026 closed a $2.5 billion Series C at a $25 billion pre-money valuation. In June 2026 it signed a compute agreement with SpaceX worth up to $6.3 billion, and it had about 320 employees in 2026.

Mistral AI is a Paris-headquartered developer of open-source large language models outperforming GPT-3.5 benchmarks. The company releases models like Mistral 7B, Mixtral 8x7B with 46.7 percent MT-Bench scores, and Pixtral 12B for vision-language tasks. Enterprises deploy these via La Plateforme API supporting 80 billion parameter models for coding, translation, and summarization. Mistral AI partners with Microsoft Azure and NVIDIA for inference hardware. Founded in 2023, it serves clients in automotive and finance across Europe and the U.S.

ElevenLabs is a London and Warsaw-headquartered AI company providing voice synthesis, cloning, dubbing, and generation tools. Its platform supports text-to-speech in over 29 languages, developer APIs for voice agents, and enterprise solutions for content localization. Features include instant voice cloning from short audio samples, emotional tone preservation, and audio editing capabilities used by creators and businesses worldwide.

Perplexity AI is a San Francisco software company founded in 2022 that develops a web-connected answer engine. Its product combines large language models with real-time retrieval and presents responses with links to underlying sources. Consumers can use a free service or pay for advanced models, deeper research and higher usage limits. Enterprise customers buy search across public and private information, administrative controls and collaboration features. Perplexity also offers Sonar application-programming interfaces so developers can add grounded search and answer generation to other products. Its Comet browser extends the service into agent-assisted browsing and task execution. The company therefore earns subscription and usage-based revenue from consumer, enterprise and developer products rather than advertising-led ranked links.

FluidStack delivers a leading AI cloud platform with supercomputing infrastructure for AI labs, governments, and enterprises, serving clients like Mistral, Meta, and Black Forest Labs.

Kling AI is a creative studio that produces images and videos using sophisticated artificial intelligence methods.

Fireworks AI is a San Francisco-headquartered cloud platform for deploying open-source AI models at scale. The service offers serverless inference for large language models like Llama 3 and vision transformers with sub-100ms latency via custom GPU clusters. Fireworks partners with Cerebras and Groq for hardware acceleration, serving enterprises in e-commerce and healthcare for fine-tuned deployments.

Sierra is a San Francisco company that builds conversational AI agents for customer service and sales, founded in 2023 by Bret Taylor, the former co-chief executive of Salesforce and chairman of OpenAI, and Clay Bavor, a longtime Google executive. Its platform lets large companies build branded agents that handle customer conversations over chat, voice and other channels, take actions in company systems and improve over time. Customers include SiriusXM, Sonos, ADT, WeightWatchers, SoFi, Nordstrom, Cigna and Singtel, and the company says it serves more than 40 percent of the Fortune 50. It launched in February 2024 and passed 100 million dollars of annual recurring revenue in 2025 and 150 million in 2026. Investors include Sequoia Capital, Benchmark, Greenoaks, Thrive Capital, ICONIQ, GV and Tiger Global. It raised 950 million dollars in a Series E in May 2026 at a valuation of more than 15 billion dollars. It acquired the voice-agent company Receptive AI in 2025 and the long-horizon agent company Takeoff in 2026.

Modal Labs is a New York-headquartered cloud infrastructure company that runs compute-heavy artificial intelligence workloads for developers. Its platform offers inference, sandboxes for coding agents, training and batch jobs on GPUs that start in seconds, with usage-based pricing and capacity pooled across many cloud providers. Erik Bernhardsson and Akshat Bubna founded the company in 2021, and the team works from New York, Stockholm and San Francisco. Customers use it for generative AI inference, model fine-tuning, computational biotech and media processing.

Harvey is a San Francisco-based artificial-intelligence software company serving law firms, corporate legal departments and other professional-services organizations. Founded in 2022, it develops assistants and workflow tools for legal research, drafting, document review, transaction diligence and compliance. The platform combines foundation models with legal-domain workflows, firm knowledge and access controls. Customers use the software through recurring enterprise subscriptions and organization-wide deployments. By September 2026 Harvey said it served more than 3,000 customers across over 70 countries and had exceeded US$400 million of annual recurring revenue. The company also operated a Toronto office and served more than 100 Canadian law firms and legal teams. Ontario Teachers joined the second close of Harvey's 2026 Series H, extending the round while supporting hiring and customer growth in Canada.

IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.

Founded in 2012, Snowflake is a fully managed platform that consolidates data hosted on different public clouds for centralized analytics and governance. Snowflake’s cloud-native architecture allows users to independently scale the compute and storage layers, providing customers with optimized performance at lower costs. The company’s data lake and data warehouse products support a variety of use cases, including business analytics, data engineering, and artificial intelligence. Snowflake is widely used by Fortune 2000 companies in financial services, media, and retail sectors.

MiniMax Group Inc is a AI foundation model company. It is committed to driving AI innovation towards performing the full range of human intellectual tasks, from learning and reasoning to planning and generalizing knowledge across diverse domains. Its proprietary foundation model suite, led by MiniMax-M2, Hailuo-02, and Speech-02, has long context processing capacity and can understand, generate, and integrate a wide range of modalities, including text, video, and audio. These models power its AI-native products - including MiniMax, Hailuo AI, MiniMax Audio, Talkie/Xingye, and its enterprise and developer-facing Open Platform, delivering intelligent and dynamic experiences to users globally.