Nous Research hits $1.5B valuation and expands AI agents to enterprise users
Nous Research, the startup behind the open-source Hermes agent, has confirmed it reached a $1.5 billion valuation after securing a $90 million Series B round led by Robot Ventures. The funding includes participation from notable investors such as Nvidia, Samsung, Union Square Ventures, Menlo Ventures, and 1789 Capital (where Donald Trump Jr. is a partner), bringing the company’s total raised capital to $158 million. The Hermes agent has gained significant traction among developers with over 24 million clones and accounts for approximately 2.5% of global AI token usage. The new funding will support Nous Research's expansion into enterprise markets through its 'Hermes for Businesses' offering, which enables companies to deploy customized AI agents that handle complex workflows while maintaining data privacy. According to a report by The Wall Street Journal cited in the article, Nous was generating about $36 million in annualized revenue as of mid-September 2026 and is projected to surpass $100 million before year-end.
Tickers: $NVDA
Topics: AI Enterprise AI Funding Rounds Startups