COHERE Family Office

Cohere Capital is a growth-focused private equity firm that specializes in investing in leading middle-market businesses. The firm targets companies within the technology and services sectors, with a particular emphasis on tech-enabled services. Cohere Capital seeks to acquire majority or influential minority stakes in businesses that demonstrate strong growth potential, typically having an enterprise value of less than $250 million, EBITDA up to $20 million, and annual growth exceeding 10% or a well-defined growth thesis. The firm's investment strategy is rooted in its name, "Cohere," signifying a united and consistent approach to partnering with entrepreneurs and management teams to achieve sustainable growth.

Founded in 2019 by Nik Shah and Daniel Gedney, Cohere Capital was established by experienced private equity executives with a combined track record of over 30 years in investing in and collaborating with growth companies. The firm successfully closed its debut fund, Cohere Capital Fund I, LP, at $200 million in 2020. Building on this success, Cohere Capital announced the closing of its second dedicated private equity fund, Cohere Capital Fund II, with over $215 million in commitments in January 2025.

Cohere Capital's portfolio includes a diverse range of companies across its target sectors. Notable investments include FlexTecs, a leader in recovery audit and payment accuracy software; Leverege, a provider of AI-native software solutions based on IoT and VisionAI technology; Boostability, a global leader in SEO services for SMBs; Sonobi, an advertising technology marketplace; iPromote, a digital marketing technology platform; Promevo, a cloud consulting and IT services provider; CCS; and Clearscale, a cloud native provider of cloud consulting services.

The firm's team is led by its co-founders, Managing Partner Nik Shah and Partner Daniel Gedney. The team also includes Mike Alberts (Principal, Head of Business Development), Hilary Foley (Principal, Portfolio Operations), Reid Glaser (Vice President), Patrick Martin (Vice President), Srikar Thammishetti (Senior Associate), Luke Ingersoll (Associate), and Elizabeth Banks (Analyst, Business Development). Their collective expertise is leveraged to provide both capital and operational guidance to portfolio companies, helping them solidify their foundations and execute growth plans.