Coveo logo — Coveo is the leader in AI-Relevance, powering AI-search & Ge...

Coveo

Coveo is the leader in AI-Relevance, powering AI-search & GenAI to drive results at every digital point-of-experience.

Founded 2005 Canada Montreal, Canada 864 employees IPO Total: $807.80M AI, Enterprise Software +3

General Information

Company Name Coveo
Founded Year 2005
Location Canada Montreal, Canada
Employees 864
Industries AI, Enterprise Software, Information Technology +2
Funding Stage IPO
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Usage Based, Service Fee
Social

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About Coveo

Coveo, founded in 2005 and headquartered in Canada, has emerged as a leader in AI-Relevance, specializing in AI-search and Generative AI to enhance digital interaction experiences. The company positions itself within the industries of AI, Enterprise Software, Information Technology, Platforms, and Social Media.

Coveo's innovative solutions are crafted to maximize business outcomes across various points-of-experience through tailored, intelligent search and content generation capabilities. This strategic positioning leverages advanced AI technology to meet growing demand for automated, intelligent digital interactions across industries.

The company recently secured a significant $15.20M investment, granted on 01 September 2024, from Innovation, Science and Economic Development Canada. This investment underscores the confidence and government support in Coveo's capabilities and future growth trajectory.

Business keywords: AI-Relevance, AI-Search, Generative AI, Enterprise Search, Predictive Insights, Digital Experience, Information Unification, Self-Service Solutions, Knowledge Management, Personalization, Coveo for Sitecore, Coveo for Salesforce, Coveo for SAP

Services & Products

Generative Answering
Passage Retrieval API
Predictive Recommendations
AI Assisted Agents
Personalized Product Discovery

Target Customers

High Tech Healthcare Financial Services Telecommunication Manufacturing Retail

Funding Rounds & Investors (11)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $15.20M 1
Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada
01 Sep 2024
Grant $15.20M 1
Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada
01 Sep 2024
IPO $215.00M -
01 Nov 2021
IPO $215.00M -
01 Nov 2021
Late VC $172.00M 3
IQ Ventures, OMERS Private Equity +1
01 Nov 2019
Growth Equity VC $100.00M 1
Evergreen Coast Capital
01 Apr 2018
Series D $35.00M 5
BDC Capital, Propulsion Ventures +3
01 Nov 2015
Series C $18.00M 5
BDC Capital, Propulsion Ventures +3
01 Dec 2012
Series B $8.20M 4
BDC Capital, Propulsion Ventures +2
01 Oct 2009
Series B $8.20M 4
BDC Capital, Propulsion Ventures +2
01 Oct 2009

View All 11 Funding Rounds

Coveo Alternatives & Competitors

View All Alternatives
Coveo vs
Acquia
Acquia United States

The Open Digital Experience Company

Acquired
1106 employees
Content Creators, Enterprise Software
Coveo vs
Zeta Alpha
Zeta Alpha The Netherlands

Industrial AI Solutions for Knowledge Management

Seed
25 employees
AI, Internet
Coveo vs

We are revolutionizing the customer service industry, creating AI Agents for Your Contact Center

Acquired
321 employees
AI, Automation

FAQ About Coveo

Coveo is the leader in AI-Relevance, powering AI-search & GenAI to drive results at every digital point-of-experience.
Coveo was founded in 2005.
Coveo is headquartered in Montreal, Canada.
Coveo operates in AI, Enterprise Software, Information Technology, Platforms and Social Media. Its work centres on AI-Relevance, AI-Search, Generative AI and Enterprise Search. Its customers include High Tech, Healthcare and Financial Services.
Coveo has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
Coveo has approximately 864 employees.
Coveo has completed 11 funding rounds, raising a total of $807.80M. The latest funding stage is IPO.
Coveo offers: Generative Answering, Passage Retrieval API, Predictive Recommendations, AI Assisted Agents, Personalized Product Discovery.
Top alternatives and competitors to Coveo include Acquia, Zeta Alpha, NiCE Cognigy, Basis Technologies, Yurts. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Coveo and Acquia are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Coveo, https://bouncewatch.com/company/coveo, updated 1 December 2025. When citing, please name BounceWatch and link this page.

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