Nous Research hits $1.5B valuation, launches business AI agents
Nous Research secures a $90 million Series B round led by Robot Ventures, pushing its valuation to $1.5 billion and expanding into enterprise AI.
Stock photo for illustration only, not from the actual event
- Nous Research closes a $90 million Series B funding round, hitting a $1.5 billion valuation
- Expands open-source success into the enterprise sector with Hermes for Businesses
- Projects annualized revenue to surpass $100 million before the end of 2026
Nous Research, the startup behind the open-source Hermes Agent, has officially confirmed its $90 million Series B funding round, driving the three-year-old company's valuation to $1.5 billion. This latest financing brings the firm's total funding raised to $158 million.
The funding round was led by Robot Ventures, with participation from notable backers including Nvidia, Union Square Ventures, Menlo Ventures, Samsung, and 1789 Capital, where Donald Trump Jr. serves as a partner.
Extremely popular among individual users and developers, the open-source Hermes Agent has been cloned over 24 million times. According to startup estimates, this usage accounts for roughly 2.5% of global AI token consumption.
Stock photo for illustration only, not from the actual event
The fresh capital will fuel Nous Research's aggressive push into the enterprise market through "Hermes for Businesses." This initiative enables companies to deploy customized AI agents capable of executing multi-step workflows while ensuring data privacy and security remain uncompromised.
Nous Research's strategic pivot toward the enterprise sector highlights how open-source AI is shifting from developer-centric experimentation to mission-critical corporate deployments where strict data security is paramount. Securing backing from hardware and tech giants like Nvidia and Samsung provides crucial validation and ecosystem alignment for scaling complex multi-step AI agents.
Regarding financial growth, The Wall Street Journal reported that Nous Research achieved approximately $36 million in annualized revenue by mid-September 2026 and anticipates exceeding $100 million before the year concludes.
Source: TechCrunch
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