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Nous Research secures 90 million dollars to expand enterprise artificial intelligence agents

Nous Research has secured 90 million dollars in Series B funding at a 1.5 billion dollar valuation to expand its open source Hermes Agent for business applications.

FTMQ SI, written by our newsroom0 views

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Picture: TechCrunch AI

Nous Research has raised 90 million dollars in a Series B funding round that values the startup at 1.5 billion dollars, TechCrunch AI and Dealroom reported. TechCrunch AI, The Next Web, UA.NEWS, TOKENPOST, and Dealroom all confirm that the capital will support expanding the open source Hermes Agent into enterprise markets. Robot Ventures led the funding round, TechCrunch AI reported. [1][3][4][5][6]

Additional backers for the round include Nvidia, Union Square Ventures, Menlo Ventures, Samsung, and 1789 Capital, according to TechCrunch AI. TechCrunch AI added that the three-year-old startup has now raised 158 million dollars in total financing. [1]

Hermes Agent is designed to execute autonomous, multi-step tasks utilizing large language models. The agent can operate with both locally hosted and remotely hosted language models. The open source software has been cloned over 24 million times and accounts for approximately 2.5 percent of global artificial intelligence token usage, according to estimates provided by Nous Research and reported by TechCrunch AI. [1][7]

The lab focuses on developing open source models, including its Hermes series that emphasizes long-term context retention and synthetic data-driven fine-tuning. The organization has also worked on efforts such as DisTrO to train frontier-scale models across decentralized networks. [8]

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In short

  • Nous Research raised 90 million dollars in Series B funding at a 1.5 billion dollar valuation.
  • The open source Hermes Agent software has been cloned more than 24 million times.
  • Hermes Agent accounts for approximately 2.5 percent of global AI token usage according to company estimates.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

  1. [1]Nous Research confirms it hit $1.5B valuation, launches AI agents for business usersTechCrunch AI, 6h ago (the report this story comes from)
  2. [2]Nous Research confirms it hit $1.5B valuation, launches AI agents for business usersTechCrunch, 6h ago
  3. [3]Nous Research raises $90M to take its Hermes AI agent to businessesThe Next Web, 11h ago
  4. [4]Nous Research raises $90 million at a $1.5 billion valuation — TechCrunchUA.NEWS, 5h ago
  5. [5]Nous Research Raises $90 Million for Hermes Agent Business ExpansionTOKENPOST, 10h ago
  6. [6]Nous Research raises $90M at $1.5B valuation for open-source AIDealroom, 15h ago

Background

  1. [7]Hermes Agent on Wikipedia
  2. [8]Nous Research on Grokipedia

Our newsroom writes these reports with the help of software, from the 8 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

Earlier reports of ours on the same people and subjects.

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