Nous Research has secured $90 million in a Series B funding round, reaching a valuation of $1.5 billion. The investment was led by Robot Ventures, with contributions from Nvidia, Union Square Ventures, Menlo Ventures, Samsung, and 1789 Capital. This latest injection of capital brings the total funding raised by the three-year-old startup to $158 million.
The company is known for its open-source Hermes agent, which has been cloned over 24 million times. According to internal estimates, the agent accounts for approximately 2.5% of global AI token usage. The startup plans to utilize the new funds to expand into the enterprise market with a product called Hermes for Businesses, designed for secure, multi-step workflow automation.
The startup is showing significant financial growth. By mid-September 2026, its annualized revenue reached approximately $36 million. The company projects that this figure will exceed $100 million by the end of 2026.
