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Nous Research Reaches $1.5B Valuation, Rolls Out Enterprise AI Agents

Open‑source Hermes creator Nous Research closed a $90 M Series B at a $1.5 B valuation and unveiled Hermes for Businesses, a platform for private, multi‑step AI agents.

Nous Research logo with valuation badge and enterprise AI agent illustration

Nous Research, the team behind the widely cloned Hermes agent, has confirmed a $90 million Series B round that values the three‑year‑old startup at $1.5 billion. The round was led by Robot Ventures and includes strategic backers such as Nvidia, Union Square Ventures, Menlo Ventures, Samsung, and 1789 Capital.

Enterprise Push with Hermes for Businesses

The fresh capital will fund the launch of Hermes for Businesses, a suite that lets organizations deploy customized AI agents capable of executing multi‑step workflows while keeping data on‑premise or in a private cloud. Early metrics show the open‑source Hermes model has been cloned over 24 million times, accounting for roughly 2.5 % of global AI token usage.

  • Lead investor: Robot Ventures
  • Strategic participants: Nvidia, Union Square Ventures, Menlo Ventures, Samsung, 1789 Capital
  • Total funding to date: $158 million

Revenue reached an annualized $36 million by mid‑September 2026, with the company targeting $100 million before year‑end. The move signals a broader shift of open‑source AI projects toward commercial enterprise offerings.

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  • nous research
  • enterprise ai
  • fundraising
  • hermes agent

By AiGpu Editorial · Editorial rewrite based on public reporting (TechCrunch AI)

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