Coveo

Leading enterprise AI relevance platform competing with Elasticsearch, Algolia, and Lucidworks in intelligent search and with Dynamic Yield and Bloomreach in personalization

Coveo is a Canadian enterprise AI platform company headquartered in Quebec City, Canada, specializing in AI-powered search, recommendations, and personalization. Founded in 2005, Coveo's platform ingests and indexes content from across an organization's entire digital ecosystem — including websites, intranets, CRM systems, and support portals — to surface the most relevant information to users in real time. Its core technology leverages machine learning and behavioral analytics to continuously improve result relevance across customer-facing and employee-facing applications. Coveo serves large enterprises across industries including financial services, technology, retail, and manufacturing, with notable customers such as Salesforce, Tableau, and ServiceNow. The platform integrates deeply with major enterprise ecosystems including Salesforce, SAP, ServiceNow, and Adobe, positioning Coveo as a connective intelligence layer across enterprise software stacks. Its commerce capabilities, bolstered by the acquisition of Qubit in 2021, extend its relevance AI into product discovery and personalization for e-commerce. While Coveo is not a traditional AdTech company, its relevance and personalization technology intersects with the AdTech ecosystem through its ability to power personalized digital experiences, product recommendations, and content targeting — capabilities that overlap with demand-side personalization and customer data activation. Coveo went public on the Toronto Stock Exchange in November 2021 under the ticker CVO, raising approximately CAD $215 million in its IPO.