Quild #22: Cohere

World's most powerful NLP toolkit

This is the Quild daily, highlighting one early-stage startup that has statistically significant signals of becoming a unicorn.

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Cohere provides unprecedented access to affordable, easy-to-deploy large language models. Their platform gives computers the ability to read and write - whether you want to better understand what your customers are saying, or you want to write compelling copy that speaks to your target audience.

Founders: Aidan Gomez (CEO), Ivan Zhang, Nick Frosst

Signals:

1. Top company alumni

   • Nick worked as an engineer at Google for 4 years

2. Top university alumni

   • Aidan graduated with a BS in Computer Science from University of Toronto and a PhD in Computer Science from Oxford University

   • Ivan attended University of Toronto and dropped out of the BS in Computer Science program

   • Nick graduated with a BS in Computer and Cognitive Science from University of Toronto

3. Fast team growth

   • Grew 3.7x YoY to 62 employees

   • And hiring a lot more, job openings here

4. Accelerated financing

   • Announced series A in Sept 2021 and series B in Feb 2022

5. Midas list investors

   • Tiger global led series B

   • Index Ventures led series A

6. As a AI nerd I can’t help but note some of their luminary investors

   • Geoffrey Hinton

   • Fei-Fei Li

   • Pieter Abbeel

   • Raquel Urtasun

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Till tomorrow, Kenn