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AI startup Cohere acquires Ottogrid, a platform for conducting market research
AI startup Cohere has acquired Ottogrid, a Vancouver-based platform that develops enterprise tools for automating certain kinds of high-level market research.
AI startup Cohere has acquired Ottogrid, a Vancouver-based platform that develops enterprise tools for automating certain kinds of high-level market research. The company told Reuters on Thursday that its annualized revenue recently reached $100 million, following a strategic shift with a focus on private AI deployments for customers in sectors like healthcare, government, and finance. Ottogrid managed to raise $2 million in venture capital from investors including GV (Google’s venture arm), Untapped Capital, Replit CEO Amjad Masad, Vercel CEO Guillermo Rauch, Cohere co-founders Ivan Zhang and Aidan Gomez, and others prior to its exit, according to Crunchbase.
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