Hebbia Raises $130M in Series B Led by Andreessen Horowitz and Google Ventures, Valued at $700M

Jul 8, 2024, 12:35 PM

New York-based AI startup Hebbia has raised $130 million in a Series B funding round led by Andreessen Horowitz (a16z), with participation from Google Ventures. The investment brings Hebbia's post-money valuation to approximately $700 million. Hebbia specializes in using artificial intelligence to help companies sift through complex documents and data queries. The funding is expected to accelerate the development of AI-driven business solutions, marking a significant milestone for the company and the broader AI industry.