Nous Research raises $90 million Series B at $1.5 billion valuation

Nous Research's $90 million Series B will fund the launch of Hermes for Businesses, expanding its AI agent platform as it targets rapid revenue growth.

Based on reporting by TechCrunch.

What happened

Nous Research announced a $90 million Series B financing round that values the company at $1.5 billion.

The round was led by Robot Ventures and included investors Nvidia, Union Square Ventures, Menlo Ventures, Samsung and 1789 Capital, bringing total funding to $158 million.

The capital will be used to launch Hermes for Businesses, a service that lets companies deploy customized AI agents for multi‑step workflows while keeping data private and secure.

The open‑source Hermes Agent has been cloned over 24 million times and accounts for roughly 2.5 % of global AI token usage, according to the startup.

By mid‑September 2026 the company reported about $36 million in annualized revenue and expects to exceed $100 million before the end of the year.

AIBeat analysis

This could enable businesses to integrate AI agents into their operations without exposing proprietary data, potentially accelerating adoption of AI‑driven workflows. The expected revenue growth suggests strong market demand for private, customizable agents, which may attract further investment and partnerships.

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Nous Research raises $90 million Series B at $1.5 billion valuation

What happened

AIBeat analysis

Sources

Nous Research raises $90 million Series B at $1.5 billion valuation