✦ AI AI Company Comparison

Cohere vs OpenAI — IPO & Funding Comparison

Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.

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Some data on this page may be outdated. We're verifying.
Data for Cohere last verified: Jun 22, 2026. Data for OpenAI last verified: Jun 22, 2026.
Metric Cohere OpenAI
Valuation$11.5B$920.0B
Total Funding$2.385B$65.4B
IPO StatusPre-IPOPrivate
SectorArtificial IntelligenceArtificial Intelligence
StageSeries EPre-IPO
HeadquartersToronto, CanadaSan Francisco, CA
CEOAidan GomezSam Altman
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Cohere

Enterprise LLM specialist. Command R series models for business use. Included in Hiive institutional fund roster. Growing Cohere IPO searches as enterprise AI adoption accelerates.

IndustryArtificial Intelligence
StageSeries E
IPO StatusPre-IPO
Valuation$11.5B
Total Funding$2.385B
HeadquartersToronto, Canada

OpenAI

OpenAI is valued at $920B — the world's most valuable AI company, backed by over $65B in funding. The company recently restructured as a Public Benefit Corporation to support its mission of developing safe AGI.

IndustryArtificial Intelligence
StagePre-IPO
IPO StatusPrivate
Valuation$920.0B
Total Funding$65.4B
HeadquartersSan Francisco, CA

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Frequently Asked Questions

What are the valuations of Cohere and OpenAI? +

Cohere is valued at $11.5B. OpenAI is valued at $920.0B. Both valuations are based on the most recent private funding rounds tracked by TechStackIPO.

How much has each company raised? +

Cohere has raised $2.385B. OpenAI has raised $65.4B.

What is the IPO status of Cohere and OpenAI? +

Cohere is currently pre-IPO. OpenAI is currently private. Track both on TechStackIPO for S-1 filings and IPO announcements.

Are Cohere and OpenAI in the same sector? +

Cohere operates in Artificial Intelligence, while OpenAI operates in Artificial Intelligence.

What are the main differences between Cohere and OpenAI? +

Cohere is a Artificial Intelligence company valued at $11.5B with $2.385B raised. OpenAI is a Artificial Intelligence company valued at $920.0B with $65.4B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor data.

How can I invest in Cohere or OpenAI before their IPO? +

Accredited investors can access pre-IPO shares in Cohere and OpenAI through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.