Coveo builds AI-driven search and recommendation technology that combines unified content, unified interactions and machine learning to deliver relevant information across business interactions. The platform is embedded in many business applications including Salesforce, ServiceNow, Sitecore and Dynamics. Led by CEO and Chairman Louis Tetu, the company personalizes millions of digital experiences for customers, partners, dealers and employees. Coveo reports more than 1,500 deployments in mid-to-large sized global organizations across multiple industries. The company has about 500 employees and offices in Quebec City, San Francisco, London and Montreal. It plans to use recent funding to expand operations and broaden its business reach. Coveo builds AI-powered search, recommendation and personalization engines that unify content, interactions and machine learning to deliver relevant information across business interactions. Its solution is embedded in many business applications from vendors including Adobe, Microsoft, Salesforce, Sitecore and Xero. The company has more than 1,500 activations in mid-to-large sized global organizations across multiple industries. Led by Chairman and CEO Louis Têtu, Coveo uses its platform to personalize digital experiences for customers, partners, dealers and employees. The company plans to broaden market presence, grow its R&D team and launch new lines of business while expanding its platform on Elasticsearch to serve as enterprise-wide relevance infrastructure. Coveo offers an intelligent search platform that recommends the most relevant information, people, products and services to improve customer and employee engagement. Its product suite includes Coveo Cloud, Coveo for Salesforce, and Coveo for Sitecore, which deliver unified enterprise search, self-service support within Salesforce, and engaging website search experiences. The company plans to use the new funds to launch additional intelligent search apps for large enterprise technology ecosystems and to increase spending on sales and marketing, R&D and product teams. Coveo secured a $35M Series D and has raised $75M in financing to date. The company is based in Quebec City, Canada. The platform is positioned to surface and recommend content and experts across IT ecosystems for digital customer and employee engagement. Coveo is a Quebec, Canada–based provider of search technology and Big Data solutions that brings together information from social, enterprise and cloud systems to make it relevant to users and customers. Led by Chairman and CEO Louis Têtu, the company offers product lines that deliver insight to CRM for sales and customer service, personalized web content management experiences, and enterprise content. Coveo serves more than 400 customers, including CA Technologies, Lockheed Martin, YUM! Brands, GEICO and Boston Children’s Hospital. It recently launched Coveo for Salesforce, a cloud application integrated into the Salesforce.com UI that automatically recommends content relevant to the user's current work; the solution is available for free trial and expected to appear on the Salesforce AppExchange soon. The company raised $18m in funding to expand its sales and marketing efforts and to scale operations. In conjunction with the funding, Tandem Managing Director Andre Gauthier joined Coveo’s Board of Directors. Coveo provides enterprise search technology and information access solutions to hundreds of companies worldwide. The company markets its platform to customers including Deloitte, ESPN, Lockheed Martin, P&G, PricewaterhouseCoopers, Rabobank and the U.S. Navy. Founded in 2005 and managed by former Taleo and Copernic executives, Coveo employs 80+ people around the world. It plans to use the new capital to expand aggressively, intending to hire an additional 60 employees over the next two years, nearly doubling its workforce. Counting this Series B, the startup has raised $10.7 million to date.

Total raised

$388M

Funding rounds

5

Latest round

Equity

Latest activity

Nov 2019