Cohere vs. Mistral AI: How Big Are They Side-by-Side?
Direct Comparison (2026-Q4): As of 2026-Q4, Cohere is valued at $25B compared to Mistral AI's $24B—making Cohere 1.0× larger by valuation. By workforce, Cohere employs 450 people vs. Mistral AI's 300 employees (1.5× difference), yielding a valuation-per-employee of $55.6M / emp for Cohere vs. $80.0M / emp for Mistral AI.
Full Metrics Breakdown
| Business Metric | Cohere | Mistral AI | Scale Comparison |
|---|---|---|---|
| Valuation / Market Cap | $25B | $24B | Cohere is 1.0× larger |
| Employee Headcount | 450 employees | 300 employees | Cohere employs 1.5× more people |
| Monthly Active Users (MAU) | 25M MAU | 35M MAU | Mistral AI has 1.4× more MAU |
| Valuation per Employee | $55.6M / emp | $80.0M / emp | Efficiency comparison |
| Listing Status | Private Venture | Private Venture | Market Structure |
| Data Freshness Snapshot | 2026-Q4 | 2026-Q4 | Verified ground-truth |
Company Insights & Context
Cohere: Founded by former Google Brain Transformer co-author Aidan Gomez, Cohere raised a record CAD $35.7B ($25B USD) Series E in late 2026 focused on enterprise data privacy.
Mistral AI: Paris-based Mistral AI secured Europe's largest-ever funding round in September 2026, raising €3B at a €21B ($24B) valuation backed by Samsung, ASML, and Nvidia.
Frequently Asked Questions
What is Cohere's valuation compared to Mistral AI?
As of 2026-Q4, Cohere is valued at $25B while Mistral AI is valued at $24B. This means Cohere is 1.0× larger.
How many employees does Cohere have compared to Mistral AI?
Cohere employs 450 employees, while Mistral AI employs 300 people. That is, Cohere employs 1.5× more people.
Which company has higher valuation per employee: Cohere or Mistral AI?
Cohere currently stands at $55.6M / emp, compared to Mistral AI's $80.0M / emp.