Work Here?
About Hebbia
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$159.7M
Headquarters
New York City, New York
Founded
2020
Overview
Hebbia.ai provides an AI-powered search tool as a browser extension that helps users locate information in long documents more efficiently. It uses AI to understand user questions and highlights the most relevant passages, offering context-aware results instead of simple keyword matching. The product targets professionals who work with large amounts of text, such as researchers and analysts, and differentiates itself by prioritizing document comprehension to speed up information retrieval. The goal is to become a preferred productivity tool for data-heavy workflows, with monetization planned through subscriptions or licenses after its private beta.
Simplify's Take
What believers are saying
- Powers 40% of top asset managers handling $15 trillion AUM with 15x revenue growth.
- Acquired FlashDocs to automate slide decks and extend workflow capabilities.
- Raised $130M in 2024 at $700M valuation from a16z and Index Ventures.
What critics are saying
- Glean erodes market share via Slack and Google Workspace integrations in 6-12 months.
- OpenAI o1 obsoletes Matrix agents with superior single-prompt reasoning in 3-6 months.
- Anthropic Claude 4 surpasses document comprehension, switching 40% asset managers in 12 months.
What makes Hebbia unique
- Matrix offers multi-agent orchestration with Iterative Source Decomposition for transparent reasoning.
- Integrates Preqin data for private markets analysis alongside internal documents.
- Provides sentence-level citations outperforming traditional RAG in finance workflows.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$159.7M
Above
Industry Average
Funded Over
3 Rounds
Andreessen Horowitz
Index VenturesIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Unlimited Paid Time Off
Growth & Insights and Company News
6 month growth
↓ -4%1 year growth
↑ 0%2 year growth
↑ 5%Hebbia has integrated Preqin private markets data into its AI-powered research platform, providing investment professionals with enhanced analytical capabilities across private equity, venture capital, real assets and private debt. The integration enables users to query and analyse private market intelligence directly within their existing workflows. Preqin maintains comprehensive datasets covering fund performance, investor profiles, deal activity and fundraising trends across global private markets. By incorporating this data, Hebbia aims to reduce operational friction associated with manual data extraction and static reporting. The integration allows investment teams to conduct queries on fund track records, manager performance and capital flows alongside internal documents and regulatory filings within a single platform. This addresses challenges related to data transparency in private markets, where investments often lack standardised disclosure, by providing structured datasets for benchmarking and comparative analysis.
Hebbia, the AI platform for finance, today announced its acquisition of FlashDocs, a leader in generative AI slide deck creation. The acquisition expands Heb...
Hebbia raised $130 million in funding last year at a $700 million valuation, backed by investors like Index Ventures, Peter Thiel, and Andreessen Horowitz.
Earlier this year, Hebbia Inc. launched the first multi-agent AI platform, Matrix.
AI startups in the U.S. raised $2.9 billion in Q3 2024, with Magic, Glean, and Hebbia receiving significant funding. Magic raised $320 million, Glean $260 million, and Hebbia $130 million. AI accounted for 41% of U.S. VC deals in the first half of 2024, totaling $38.6 billion. Despite challenges like high development costs, AI continues to grow, with the number of AI unicorns increasing by 22.9% last year.
Hebbia is Hiring for 34 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Hebbia
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$159.7M
Headquarters
New York City, New York
Founded
2020
Hebbia is Hiring for 34 Jobs on Simplify!
Find jobs on Simplify and start your career today