What is Coveo's business focus and history?
Coveo is a publicly funded company based in Montreal, Canada, founded in 2005 by Laurent Simoneau, Richard Tessier, and Marc Sanfaçon. It operates as a software development company specializing in AI-powered search and relevance platforms. Coveo has raised significant funding, including a $100 million investment led by Evergreen Coast Capital in April 2018 and a $227 million CAD investment led by OMERS Private Equity in November 2019, resulting in a valuation of $1 billion USD. The company has over 800 employees and serves a global customer base.
Coveo Corporate Details & Core Services
Coveo is a Canadian software company specializing in AI-powered search and relevance platforms, delivering personalized digital experiences across commerce, service, website, and workplace applications.
Coveo Contact Information & Official Links
What are Coveo's Key Business Metrics & Stats?
No of employees
832
Founded year
2005
Type
public
Industry
Software Development
Location
Montreal, Quebec, Canada
Stock Name
CVO (TSX)
Pricing Strategy
Subscription-based
Coveo
CVO (TSX)
Firmographic Snapshot
2026
2005
Founded Year
832
Global Employees
Canada
Headquarters
Software Development
Industry
Public
Type
Verified by
DexterAgent.ai
How much funding has Coveo raised to date?
Name
Description
Funding Amount
USD 100 Million
Stage
Series D
Latest Valuation
1 Billion (USD)
Lead Investor
Evergreen Coast Capital
Investors
Evergreen Coast Capital
What are Coveo's Core Products?
Name
Description
Coveo AI-Relevance Platform
An AI-powered relevance platform that injects search, recommendations, personalization, and generative answering into digital experiences.
Coveo for Salesforce
Integration of Coveo's AI-powered search into Salesforce to enhance customer relationship management.
Coveo for Sitecore
Integration of Coveo's search capabilities into Sitecore for improved content management and personalization.
What are the latest developments at Coveo?
Date
Type
Description
October, 2023
Product Announcement
Coveo announced early access to Relevance Generative Answering for B2B and B2C commerce enterprises.
November, 2021
Funding
Coveo closed a $215 million initial public offering and concurrent private placement.
Coveo VS Algolia VS Elastic VS Lucidworks : 2026 Comparison
Feature
Coveo
Algolia
Elastic
Lucidworks
Core Strengths
Coveo AI-Relevance Platform, Coveo for Salesforce, Coveo for Sitecore
Algolia Search, Algolia Recommend, Algolia Personalization, Algolia Analytics, Algolia Browse
Elasticsearch, Kibana, Logstash, Beats
Lucidworks Fusion, Lucidworks AI, Lucidworks Studios
Founded Year
2005
2012
2012
2007
Stock Name/Ticker
CVO (TSX)
ESTC (NYSE)
Type
public
private
public
private
Global Employees
832
800
3403
250
Revenue (Annual)
$()
$75 Million(2023)
$608.5 Million(2021)
Headquarters
Montreal, Quebec, Canada
San Francisco, California, United States
Amsterdam, Netherlands
San Francisco, California, United States
Latest Valuation
$1 Billion
$2.3 Billion
$700 Million
$370 Million
LATEST REVENUE (TRILLIONS USD)
EMPLOYEE COUNT (THOUSANDS)
INNOVATORS
VISIONARIES
DISRUPTORS
GIANTS
Algolia
75 | 800
Elastic
608.5 | 3403
Competitive Landscape 2026
DexterAgent.ai
What are Coveo's official legal and registration details?
Name
Description
Legal Name
Coveo Solutions Inc.
Cin number
GST number
Registration number
Who is in Coveo's executive leadership team?
Name
Designation
CEO
Louis Têtu
President and CTO
Laurent Simoneau
Where are Coveo's primary office locations?
City
Country
Montreal
Canada
Quebec City
Canada
San Francisco
United States
London
United Kingdom
Weert
Netherlands
What are the current business signals and market intelligence for Coveo?
Pain points
Enhancing digital experiences, Improving search relevance, Personalization
Sales motion
Direct sales, Partnerships
Buyer Persona
IT Managers, Digital Experience Managers, E-commerce Directors
Type of customer
Enterprises, B2B, B2C
Key customer domain
What is Coveo's annual revenue history?
What are Coveo's risk management and compliance ratings?
GDPR RIsk
No
Privacy Risk
No
Company Ratings
Glassdoor Rating
Saas
Yes
Offline Stores
No
Service
Yes
Ecommerce
Yes
Exporter
Yes
Mobile App
No
Retail
No
B2B
Yes
B2C
Yes
Manufacturing
No
Wholesale
No
Importer
No