Nous Research secures 1.5 billion valuation for agentic growth
The open source developer behind Hermes Agent closes a 90 million Series B to scale enterprise AI agent deployments for corporate clients.
Key highlights 路 3 min read
- Nous Research has officially reached a 1.5 billion valuation following a 90 million Series B funding round.
- The financing round was led by Robot Ventures.
- The Scale Report understands that the startup is pivoting toward the enterprise market with a new product called Hermes for Businesses.
The Scale ReportNous Research has officially reached a 1.5 billion valuation following a 90 million Series B funding round. The investment, which validates reporting previously featured by TechCrunch, brings the three year old company total financing to 158 million.
Investor backing for open source expansion
The financing round was led by Robot Ventures. Additional participation included Nvidia, Union Square Ventures, Menlo Ventures, Samsung, and 1789 Capital, the firm where partner Donald Trump Jr. holds a seat. This capital infusion arrives as the company seeks to capitalize on the massive distribution of its flagship Hermes Agent, which has logged over 24 million clones.
Enterprise transition and market impact
The Scale Report understands that the startup is pivoting toward the enterprise market with a new product called Hermes for Businesses. This offering aims to facilitate multi step AI workflows while maintaining data privacy, a crucial requirement for corporate adoption. The company reportedly reached 36 million in annualized revenue by mid-September 2026, with internal projections aiming for the 100 million milestone by year end.
This shift is significant because it highlights the broader industry trend of open source projects moving to commercialize their infrastructure. By capturing roughly 2.5% of global AI token usage with their existing tools, the company is effectively bypassing traditional go-to-market friction by converting its massive developer base into a foundation for enterprise sales.
Reporting based on coverage from AI News & Artificial Intelligence | TechCrunch.
