Hebbia Secures $130 Million Investment in Series B Funding Round

Tuesday, 9 July 2024, 23:04

The AI startup Hebbia has successfully raised $130 million in Series B funding, valuing the company at $700 million. Leveraging generative AI technology, Hebbia specializes in searching large documents and providing detailed responses to complex questions. This funding round comes on the heels of the company's impressive $13 million profitable revenue, showcasing its growth and potential in the AI sector.
TechCrunch
Hebbia Secures $130 Million Investment in Series B Funding Round

AI Startup Hebbia Raises $130M

Hebbia, a leading AI startup, has secured $130 million in Series B funding, propelling the company to a $700 million valuation.

Generative AI Technology

Hebbia utilizes cutting-edge generative AI to search through extensive documents and generate accurate responses to intricate queries.

Profitable Revenue: The company shows promising financial performance with $13 million in profitable revenue.

Growth and Potential

Hebbia's successful funding round underscores its growth trajectory and potential within the competitive AI landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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