Coveo
Coveo is a market-leading AI-Relevance Platform that delivers hyper-personalized digital experiences through intelligent search, recommendations, and personalization. The cloud-native SaaS platform enables enterprises to unify data securely and optimize contextual accuracy across commerce, service, website, and workplace applications.
Public Company
Coveo is publicly traded
IPO'd on Nov 18, 2021
This company is no longer available on our private secondary market. Shares can be traded publicly under CVO.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2005
Employees
800–900
Total Funding
$358M
8 rounds
Last Private Valuation
$1.1B
Nov 6, 2019
Funding
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $358M across 8 rounds
Last updated 08-21-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Sep 12, 2024 | Strategic Innovation Fund | C$15.2M | — | Government of Canada – Strategic Innovation Fund |
| Nov 6, 2019 | Series F TechCrunch | $172M | $1B | |
| Apr 4, 2018 | Series E | $100M | $0.37B | Evergreen Coast Capital |
Valuation Trajectory
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series E
$370M
Apr 2018
Coveo today
$1B
Nov 2019 · latest mark
Coveo multiple
2.7x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Leadership
Laurent Simoneau
Chief Executive Officer
Louis Têtu
Executive Chairman
Karine Hamel
Chief Financial Officer
Marc Sanfaçon
Chief Technology Officer
Pranshu Tewari
Chief Marketing Officer
Jerry Short
Chief Sales Officer
Priscila Garcia
Chief Customer Officer
Peter Curran
Chief Product Officer
Chelsea Finnemore
Chief Human Resources Officer
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Elasticsearch
Open-source search and analytics engine; flexible alternative for customizable site search solutions.
Algolia
Lightweight, modular search platform focused on developer experience and integration flexibility.
Splunk
Log and machine data analysis platform with semantic search and AI-powered query capabilities.
OpenSearch
Open-source search and analytics suite; fork of Elasticsearch.
Bloomreach
Enterprise search and personalization platform for commerce and content experiences.
Apache Solr
Open-source search platform built on Lucene; popular for enterprise search implementations.
Coveo Investment FAQ
Coveo FAQ
Yes, Coveo is publicly traded under the ticker symbol CVO on the TSX. The company went public in Nov 18, 2021.
Coveo trades under the ticker symbol CVO on the TSX. It began trading in Nov 18, 2021.
Coveo (CVO on the TSX) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker CVO to place an order.
Coveo went public in Nov 18, 2021 via ipo, with an offering valuation of approximately $1.1B. Coveo completed its IPO on Toronto Stock Exchange on November 18, 2021, pricing 14.3 million shares at CAD $15 per share, raising $215.1M. Stock traded above IPO price on first day, reaching $18 CAD. Traded as TSX:CVO.
Coveo raised $358M across 8 disclosed funding rounds prior to its public listing.
Coveo is headquartered in Quebec City, Quebec, Canada.
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