About Cohere | Local Retail Insights

Cohere Commerce provides a B2B platform that connects consumer brands with retailers using verified ratings and reviews from retail buyers, powered by AI-driven insights. It streamlines product discovery and vendor sourcing, enabling retailers to make data-informed stocking decisions and improve brand visibility in the market.

```xml <problem> Retailers often struggle to efficiently discover and source new products from trusted vendors, relying on time-consuming manual processes and lacking access to reliable performance data. This can lead to poor stocking decisions, missed opportunities to capitalize on emerging trends, and difficulty in building strong vendor relationships. </problem> <solution> Cohere Commerce is a B2B platform designed to streamline product discovery and vendor sourcing for retailers by providing verified ratings and reviews from other retail buyers. The platform leverages AI-driven insights to match retailers with suitable brands and provide data-informed stocking recommendations. Cohere Commerce enables retailers to effortlessly compare brands, assess their market performance, and understand their distribution strategies before making purchasing decisions. The platform also facilitates direct connections between retailers and brands, fostering collaboration and transparency in the wholesale buying process. </solution> <features> - AI-powered brand matching to identify high-potential vendors tailored to specific retail needs - Verified retailer reviews and ratings to provide credible, real-time insights into brand performance - Vendor portal for centralized vendor information, real-time updates, and team collaboration - AI Search Builder to identify brands based on specific attributes, such as "top-rated better-for-you indulgence snacks" - Side-by-side vendor comparison with real buyer insights - Vendor open call creation to efficiently discover vendors that match specific store requirements - Centralized sourcing to reduce time spent searching for new products </features> <target_audience> Cohere Commerce primarily targets retail buyers, including independent retailers, grocery stores, and online marketplaces, seeking to optimize their product sourcing and vendor selection processes. </target_audience> ```

What does Cohere | Local Retail Insights do?

Where is Cohere | Local Retail Insights located?

Cohere | Local Retail Insights is based in Pasadena, United States.

When was Cohere | Local Retail Insights founded?

Cohere | Local Retail Insights was founded in 2022.

How much funding has Cohere | Local Retail Insights raised?

Cohere | Local Retail Insights has raised 120000.

Location

Pasadena, United States

Founded

2022

Funding

120000

Employees

9 employees

Major Investors

Techstars

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Cohere | Local Retail Insights

Score: 100/100

AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

thecohere.com 300+

Crunchbase

Founded 2022 – Pasadena, United States

Funding

Estimated Funding

$120K+

Major Investors

Techstars

Team (5+)

No team information available. Click "Fetch founders" to run a focused founder search.

Company Description

Problem

Retailers often struggle to efficiently discover and source new products from trusted vendors, relying on time-consuming manual processes and lacking access to reliable performance data. This can lead to poor stocking decisions, missed opportunities to capitalize on emerging trends, and difficulty in building strong vendor relationships.

Solution

Cohere Commerce is a B2B platform designed to streamline product discovery and vendor sourcing for retailers by providing verified ratings and reviews from other retail buyers. The platform leverages AI-driven insights to match retailers with suitable brands and provide data-informed stocking recommendations. Cohere Commerce enables retailers to effortlessly compare brands, assess their market performance, and understand their distribution strategies before making purchasing decisions. The platform also facilitates direct connections between retailers and brands, fostering collaboration and transparency in the wholesale buying process.

Features

AI-powered brand matching to identify high-potential vendors tailored to specific retail needs

Verified retailer reviews and ratings to provide credible, real-time insights into brand performance

Vendor portal for centralized vendor information, real-time updates, and team collaboration

AI Search Builder to identify brands based on specific attributes, such as "top-rated better-for-you indulgence snacks"

Side-by-side vendor comparison with real buyer insights

Vendor open call creation to efficiently discover vendors that match specific store requirements

Centralized sourcing to reduce time spent searching for new products

Target Audience

Cohere Commerce primarily targets retail buyers, including independent retailers, grocery stores, and online marketplaces, seeking to optimize their product sourcing and vendor selection processes.