Coveo
Coveo unifies content and behavioral data across enterprise systems to deliver AI-driven search, recommendations, and personalization that increase revenue, deflect support costs, and improve employee productivity.
Last updated Jun 23, 2026 by ATDb automated enrichment
At a glance
- Employees
- 1001-5000
- Funding
- ~$227M USD (pre-IPO funding plus IPO proceeds)
- Revenue
- $100M-$200M ARR
- Stock
- CVO
About
Leader in AI-powered enterprise search and relevance, competing with Elasticsearch, Algolia, and Lucidworks in the enterprise segment
Coveo is a Canadian enterprise software company founded in 2005, headquartered in Quebec City, Canada. The company specializes in AI-powered search and relevance, combining unified indexing, machine learning, and behavioral analytics to surface the right content, products, and answers across websites, e-commerce storefronts, customer service portals, and intranets. Its platform ingests data from hundreds of sources and applies predictive AI to personalize experiences at scale. In the AdTech and MarTech ecosystem, Coveo is particularly relevant for its commerce and digital experience capabilities, enabling retailers and B2B companies to deliver personalized product discovery and content recommendations that drive conversion and engagement. The platform competes in the enterprise search and experience intelligence space, with customers including major global brands across retail, technology, financial services, and manufacturing sectors. Coveo went public on the Toronto Stock Exchange in November 2021, raising approximately CAD $200 million in its IPO. The company has grown through organic development and strategic acquisitions, positioning itself as a leader in AI-driven relevance for enterprise digital experiences. Its technology is deeply integrated with platforms like Salesforce, SAP, ServiceNow, and Adobe, making it a key middleware layer in enterprise digital transformation stacks.
Business model
SaaS
Target market
Enterprise
What they offer
Coveo Relevance Cloud
Core AI-powered search and relevance platform that unifies content from multiple sources and applies machine learning to personalize results
Coveo for Commerce
AI-driven product discovery, search, and recommendations for e-commerce and B2B commerce platforms to improve conversion rates
Coveo for Service
Intelligent self-service and agent-assist capabilities that surface relevant knowledge articles and case deflection content
Coveo for Workplace
Enterprise intranet and employee experience search that connects employees to the right information across internal systems
Coveo Qubit
Personalization and experimentation platform for e-commerce, acquired from Qubit in 2021, enabling A/B testing and behavioral targeting
Coveo Relevance Generative Answering
Generative AI-powered answer generation that synthesizes content from indexed sources to provide direct, contextual answers
Key features
Use cases
Customer segments
Tech & specs
Technology stack
Security & compliance
Deployment
API
Yes
- 2005 · Founded