Nous Research confirms it hit $1.5B Valuation, launches AI agents for business users
The developer of Hermes agent raised a $90 million Series B.
Nous Research, the firm behind the open-source Hermes AI agent, has announced it has reached a $1.5 billion valuation, confirming earlier reports. The company secured a $90 million Series B round, led by Robot Ventures, with involvement from Nvidia, Union Square Ventures, Menlo Ventures, Samsung, and 1789 Capital – home to Donald Trump Jr., who serves as a partner. This fresh funding brings the startup's cumulative investments to $158 million over its three-year existence.
The open-source Hermes agent, favored by developers and individuals, has been duplicated over 24 million times, contributing about 2.5% of the global AI token usage, as per the company's projections. The newly-acquired capital will propel Nous Research into the enterprise arena with "Hermes for Businesses," a solution enabling firms to establish tailored AI agents for managing complex, multi-step tasks while safeguarding their data's confidentiality and security.
By mid-September 2026, Nous Research had an estimated annualized revenue of around $36 million, with plans to reach the $100 million mark before the year's end, as reported by The Wall Street Journal.
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