Nous Research Hits $1.5B Valuation in Series B

According to reporting by TechCrunch, the startup behind the open-source Hermes Agent finalized a $90 million Series B funding round led by Robot Ventures. Additional participation came from backers like Nvidia, Union Square Ventures, Menlo Ventures, Samsung, and 1789 Capital. This latest financial injection brings the total funding for Nous Research to $158 million. The open-source Hermes Agent has been cloned over 24 million times and accounts for roughly 2.5 percent of global AI token usage according to startup estimates. The newly acquired funds will support the company's expansion into the corporate market via "Hermes for Businesses," an offering designed to help companies deploy customized artificial intelligence assistants capable of handling multi-step tasks while maintaining data security and privacy. Reports indicate the startup reached an annualized revenue of about $36 million by mid-September 2026 and projects exceeding $100 million before the year concludes.

The massive funding round highlights the growing investor confidence in foundational artificial intelligence infrastructure and automated software agents capable of executing complex business procedures. By moving into the enterprise sector, Nous Research is positioning its technology to capture corporate spending on customized digital workflows, signaling a broader industry shift toward practical office integration.

As Nous Research scales its corporate offerings and pushes toward ambitious revenue milestones, its success will depend on secure enterprise adoption of its automated systems.