Full-Time
Posted on 3/18/2024
AI-powered browser extension for efficient information retrieval
No salary listed
Junior, Mid
New York, NY, USA
Requires in-office presence in New York City 5 days per week.
Requires in-office presence in New York City 5 days per week.
Requires in-office presence in New York City 5 days per week.
Hebbia.ai enhances online information search and processing through an AI-powered browser extension that improves the traditional "Ctrl F" function. This tool understands the context of user queries and quickly highlights relevant information in lengthy documents, making it especially useful for professionals like researchers, financial analysts, legal experts, and software engineers who often handle extensive documentation. Unlike standard search features, Hebbia's solution allows for faster and more accurate information retrieval, claiming to be 20 times quicker than traditional methods. Currently in private beta, Hebbia plans to monetize its product through subscription fees or licensing agreements, aiming to provide significant value to users and optimize their workflows.
Company Size
51-200
Company Stage
Series B
Total Funding
$159.7M
Headquarters
New York City, New York
Founded
2020
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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.
Title: "a16z Backs Enterprise AI Search Potential with Hebbia" Hebbia, an AI document analysis and search service, announced a $100 million funding round led by Andreessen Horowitz (a16z). Hebbia targets specialized firms in finance and law, offering precise answers to specific queries. The enterprise knowledge search market, which predates ChatGPT, is rapidly expanding due to the AI trend. Other notable players include Guru and Degreed. Globally, investors are keen on AI search, with SoftBank partnering with Perplexity in June.