Fundraising Fox

Ivan Zhang

Founder

Co-founder at Cohere

Toronto, Canada

FoundedCohere

About

Ivan Zhang left the University of Toronto without finishing his degree to build things, and six years later co-owned an AI company valued at around $20 billion. In 2017 he founded FOR.AI, the independent research collective now known as Cohere Labs, where he worked alongside Geoffrey Hinton and the transformer co-inventors Lukasz Kaiser and Aidan Gomez. Two years later he co-founded Cohere in Toronto with Gomez and Nick Frosst, building large language models for regulated industries and the public sector on a sovereignty pitch: customers keep their data instead of handing it to American tech giants. Cohere raised roughly $1.6 billion, reached a $7 billion valuation in 2025 with about $240 million of annual recurring revenue, counts Royal Bank of Canada and Bell among its customers, and merged with Germany's Aleph Alpha in April 2026.

Beyond investing

Education
Left the University of Toronto without completing his degree to build companies.
More
Counts Royal Bank of Canada and Bell among Cohere's customers, sold on a sovereignty pitch: keep your data rather than route it through American tech giants.

From Ivan's own website — common ground for a warm intro.

Co-founder at Cohere

Intro paths

In turn, Ivan can intro founders to Cohere's investors below.

Co-founders at Cohere

AGAidan Gomez
Aidan GomezCo-founder & CEO
NFNick Frosst
Nick FrosstCo-founder

Frequently asked questions

Where does Ivan Zhang work?
Ivan Zhang is Co-founder at Cohere.
What companies did Ivan Zhang found?
Ivan Zhang founded Cohere.