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    1. Home
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    3. Coveo Solutions Inc.

    Coveo Solutions Inc.

    Coveo provides a cloud-native AI-Relevance platform that unifies enterprise content and interactions to power relevant search, recommendations, personalization, generative answers and agentic experiences. It serves commerce, service, website and workplace use cases with the goal of improving revenue, self-service, customer satisfaction and employee productivity.

    Visit Website

    At a Glance

    1Tool Listed
    7Products
    1Tool Views
    10Capabilities
    Discussions
    Montreal, QuebecHeadquarters
    2005Est.
    748Employees
    $227MRaised
    Focus Areas
    Search and Discovery
    E-commerce Personalization
    Retrieval-Augmented Generation
    Connect
    Latest News
    Coveo acquired Anglera, adding agentic product-data enrichment to its Commerce offering.Oct 29, 2026
    Reported Q2 FY2027 results: $40.4 million total revenue, $39.1 million SaaS subscription revenue, and record new-business bookings; announced the Anglera acquisition.Oct 30, 2026
    Markets
    • Large and mid-sized enterprises
    • Retail and ecommerce
    • Manufacturing and distribution
    • Technology and software
    • +6 more

    AI Tools by Coveo Solutions Inc.

    (1)
    View Coveo
    Coveo tool icon

    Coveo

    Enterprise AI Search and Retrieval

    Search & DiscoveryRAGE-comm Personalization

    Discussions

    No discussions yet

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    Latest News

    10/29/2026

    Coveo acquired Anglera, adding agentic product-data enrichment to its Commerce offering.

    coveo.com
    10/30/2026

    Reported Q2 FY2027 results: $40.4 million total revenue, $39.1 million SaaS subscription revenue, and record new-business bookings; announced the Anglera acquisition.

    ir.coveo.com
    05/27/2026

    Reported FY2026 results: $148.3 million total revenue and $142.5 million SaaS subscription revenue; launched Conversational Product Discovery and a hosted MCP Server and announced Bell sovereign-AI collaboration.

    ir.coveo.com
    02/05/2026

    Reported Q3 FY2026 results, including record new-business performance, strong Commerce bookings, RAG-as-a-Service for AWS agentic AI services and the Coveo app for ChatGPT.

    ir.coveo.com

    Products & Services

    7
    Coveo AI-Relevance Platform
    2010s (platform evolution; company describes 18 years of innovation and a decade in AI)

    Enterprise SaaS platform combining unified indexing, hybrid search, behavioral AI, recommendations, relevance tuning, analytics, generative answering and agentic retrieval.

    AI Commerce / Personalized Product Discovery
    2010s; Conversational Product Discovery launched in fiscal 2026

    AI search, navigation, merchandising, personalization, product embeddings, recommendations and analytics for B2B and B2C commerce.

    AI Service
    2010s; generative and agent-assist capabilities added subsequently

    Permission-aware self-service, generative answers, Smart Snippets, Case Assist, Case Classification and real-time agent assistance for customer service.

    AI Website
    2010s

    Search and personalization for websites, integrating with CMS, DXP and custom stacks to improve engagement, conversion and lead capture.

    Market Position

    Coveo positions itself as an enterprise AI-Relevance and experience layer that combines search, recommendations, personalization, generative answers and agentic retrieval across commerce, service, website and workplace interfaces. Its differentiated emphasis is permission-aware unified indexing, behavioral relevance models, measurable business outcomes and broad enterprise integrations. Common alternatives and competitors include Elastic, Algolia, Lucidworks, Bloomreach, Glean, Sinequa, IBM Watson Discovery, OpenText, Vertex AI Search and Microsoft SharePoint.

    Leadership

    Founders

    LS

    Laurent Simoneau

    Coveo co-founder and current CEO; previously Coveo CEO (2004-2011) and President/CTO (2011-2025). Before Coveo he was CTO and COO at Copernic, where he helped spin out Copernic's enterprise-search software division into Coveo.

    RT

    Richard Tessier

    Co-founder of Coveo in the 2005 spin-off of Copernic Technologies' enterprise-search business.

    MS

    Marc Sanfaçon

    Coveo co-founder and current CTO. Previously Director of Technologies at Copernic, directing core search technology development; earlier Senior Software Developer at Berclain Group.

    Executive Team

    LS

    Laurent Simoneau

    Chief Executive Officer

    Coveo co-founder; former Coveo President and CTO; previously CTO and COO at Copernic.

    LT

    Louis Têtu

    Executive Chairman

    Former Coveo CEO; co-founded Taleo and led it as CEO and chairman before its $1.9 billion acquisition by Oracle; previously President of Baan SCS and co-founder of Berclain.

    Board of Directors

    LT
    Louis Têtu
    Executive Chairman
    G(
    Gillian (Jill) Denham
    Lead Director
    JA
    J. Alberto Yépez
    Director; Managing Director of ForgePoint Capital

    Founding Story

    Coveo began as a 2005 spin-off of Copernic Technologies' enterprise-search software division. The founding vision was to make search and relevance pervasive across organizations, using unified content, user interactions and machine learning to deliver personalized digital experiences rather than simple keyword search.

    Business Model

    Revenue
    FY2026 total revenue was $148.3 million, including $142.5 million SaaS subscription revenue. Q2 FY2027 total revenue was $40.4 million and SaaS subscription revenue was $39.1 million.

    Revenue Model

    Primarily recurring SaaS subscriptions for Coveo's AI-Relevance platform, with professional-services revenue and add-ons. Pricing is entitlement-based for Service and Website, seat-based for Workplace, and modular/scalable for Commerce; enterprise sales are generally quote-based.

    Pricing Tiers

    Service and Website
    Contact sales

    Entitlement-based pricing; base platform plus optional generative AI, security, resilience and service extensions.

    Workplace
    Contact sales

    Seat-based plans.

    Commerce
    Contact sales

    Feature-rich base package with scalable modular pricing and add-ons.

    Publicly traded on the Toronto Stock Exchange under ticker CVO since November 2021.

    Target Markets

    Industries & Segments
    • Large and mid-sized enterprises
    • Retail and ecommerce
    • Manufacturing and distribution
    • Technology and software
    • Financial services
    • Telecommunications
    Use Cases
    • B2B and B2C ecommerce product discovery and conversion optimization
    • Customer-service self-service, case deflection and agent productivity
    • Website search, personalization and lead generation
    • Employee workplace search and enterprise knowledge discovery
    • Grounding enterprise AI assistants and agentic applications
    • Product-data enrichment and catalog discovery for complex industrial and retail catalogs
    Notable Customers
    • Salesforce
    • SAP
    • Dell Technologies
    • Cisco

    Quick Facts

    Headquarters
    Montreal, Quebec, Canada
    Founded
    2005
    Entity Type
    Public company incorporated as Coveo Solutions Inc.
    Employees
    748
    Total Funding
    At least $227 million in disclosed private investment, plus C$215.1 million gross IPO proceeds in 2021
    Investors
    OMERS Capital, Evergreen Coast Capital
    Office Locations
    Montreal
    Quebec City
    London
    Weert

    Funding History

    Private investment round$227 million
    November 6, 2019
    Above $1 billion (reported by Crunchbase/TechCrunch); transaction represented a 15.5% stake valuation
    OMERS Capital Private Growth Equity Group
    Initial public offering and concurrent private placementC$215.1 million gross IPO proceeds; over-allotment could bring the offering to C$247.365 million
    November 24, 2021 (trading began November 18)
    Not stated in the closing release valuation
    BMO Capital Markets
    BofA Securities
    RBC Capital Markets
    UBS Investment Bank

    History & Milestones

    October 29, 2026

    Acquired San Francisco-based Anglera, adding agentic product-data enrichment to Coveo Commerce.

    May 27, 2026

    Reported FY2026 revenue of $148.3 million and launched Conversational Product Discovery and a hosted Model Context Protocol server; also announced a sovereign-AI partnership with Bell.

    April 2025

    Laurent Simoneau became CEO, succeeding Louis Têtu, who became Executive Chairman.

    November 2024

    Coveo and SAP expanded their collaboration with a second SAP Endorsed App integrating with SAP Service Cloud.

    March 2023

    Coveo AI for SAP Commerce Cloud achieved SAP Endorsed App status.

    Key Capabilities

    10
    Hybrid search and semantic/vector retrieval
    Unified enterprise index with native and universal connectors
    Document-level security, permissions and role-based access
    Machine-learning relevance tuning, query suggestions and dynamic navigation
    Personalized product and content recommendations
    Generative answering, conversational search and Smart Snippets

    Integrations & Partnerships

    Platform Integrations

    • Salesforce
    • SAP Commerce Cloud
    • SAP Service Cloud
    • Adobe
    • ServiceNow
    • Microsoft Dynamics 365
    • Microsoft Copilot ecosystem
    • Amazon Bedrock

    Key Partnerships

    SAP: SAP Endorsed Apps for Commerce Cloud and Service Cloud; SAP Customer Experience partner
    Salesforce: Salesforce Summit ISV Partner and Coveo for Salesforce
    Adobe: Adobe Gold Partner / Accelerate Exchange Partner

    Connect

    Website
    coveo.com
    GitHub
    coveo
    X / Twitter
    coveo
    Facebook
    coveolife
    Instagram
    @coveolife

    AI Topics

    3

    Coveo Solutions Inc. focuses on these topics:

    Search and Discovery(1)
    E-commerce Personalization(1)
    Retrieval-Augmented Generation(1)
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