Hebbia is an Enterprise AI Agents company founded in 2020 and based in New York, United States. It has raised $161M in total funding, most recently a Series B in 2024 at a $700M valuation.
United States| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Jul 9, 2024 | Series B | $130M | $700M | Andreessen Horowitz |
| Jan 1, 2022 | Series A | $30M | — |
| Index Ventures |
Hebbia's distinction is discipline: it sells Matrix into asset managers, banks, and law firms, and its 2024 Series B was reportedly raised on profitable revenue — almost unheard of among AI-agent companies, and the best available evidence that customers pay real money for the product rather than the story. The moat itself is thinner than the economics: a spreadsheet-shaped agent interface is replicable, finance buyers are pragmatists with substitutes on every route, and no public pricing history tests loyalty. The live risk is that deep-research agents from the frontier labs absorb the document-analysis core of the product from below.
George Sivulka founded Hebbia in 2020 and serves as CEO. He left a PhD program in electrical engineering at Stanford, where he also earned degrees in mathematics and applied physics, to start the company and assembled a founding team drawn largely from Stanford researchers. He built Hebbia to automate the document-heavy analytical work he saw in finance, raising a $130M Series B led by Andreessen Horowitz in 2024.
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Hebbia's flagship product: a spreadsheet-like AI interface that ingests structured and unstructured data, including regulatory filings, PDFs, transcripts, and audio and video, and lets users build agents that run end-to-end research and analysis tasks with traceable sources.
3 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.
