Cohere vs Magic
Which Developer Tools AI tool is better in 2026?
Cohere
Enterprise AI for language understanding
Magic
Building frontier code models to automate software engineering and research.
Side-by-side
Cohere is the more established option (raised $2.4B); pricing is comparable on both sides.
| Metric | Cohere | Magic |
|---|---|---|
| Taglinei | Enterprise AI for language understanding | Building frontier code models to automate software engineering and research. |
| Foundedi | 2019🏆 | 2022 |
| HQi | Toronto, CA | San Francisco, US |
| Employeesi | 1000-2000 | 11-50🏆 |
| Neuron scorei | 85🏆 | 59 |
| Total fundingi | $2.4B🏆 | Undisclosed |
| Latest roundi | Series E · Apr 2026 | Growth |
| Valuationi | $20B🏆 | — |
| Cheapest paid plani | — | Pricing not disclosed |
| Free plani | ✗ | ✗ |
| Free triali | ✗ | ✗ |
| Top tier pricei | Enterprise · Contact sales | Pricing not disclosed |
| Pricing summaryi | 1 published plans | Enterprise · Contact sales |
| Categoriesi |
Capability matrix
Developer-facing capabilities and access signals for Cohere and Magic.
| Capability | Cohere | Magic |
|---|---|---|
| MCP support | ✓ | ✗ |
| Public API | ✓ | ✗ |
| Webhooks | ✗ | ✗ |
| OAuth 2.0 | ✗ | ✗ |
| SDK languages | 4 (Python, TypeScript, Java, Go) | — |
| Free plan | ✗ | ✗ |
| Free trial | ✗ | ✗ |
| Verified | ✓ | ✗ |
| Active deal | ✗ | ✗ |
🟢 Strengths of Cohere
- Has raised more capital ($2.4B vs Undisclosed)
- Higher Neuron score (85 vs 59)
- More mature (2019)
- Verified profile
🔵 Strengths of Magic
- Newer company (2022)
Which should you choose?
Choose Magic if price matters most — it starts at Enterprise · Contact sales, which is friendlier for teams watching burn. Both AI Developer Tools tools ship core features, so the cost delta often decides it for small teams and solo operators.
Choose Cohere if you want the most established option — it has raised $2.4B, suggesting more runway for enterprise features, support, and long-term roadmap. For mission-critical workflows or larger teams, that stability often outweighs a lower monthly price.
Frequently asked questions
Cohere vs Magic — which is better?
It depends on your priority. Cohere has raised more capital and is the more established option; Magic has broader feature depth. See the side-by-side table above.
Is Cohere cheaper than Magic?
No — Magic's cheapest paid plan is Enterprise · Contact sales, while Cohere's is Freemium.
Do Cohere and Magic offer free plans?
Cohere: Paid only. Magic: Paid only.
Explore more AI Developer Tools tools
Contextual paths to related AI startups, deals and rankings.