Nous Research Secures $90M Series B, Launches Hermes for Businesses

Nous Research confirmed a $90 million Series B funding round on October 7, 2026, valuing the AI company at $1.5 billion, and simultaneously launched "Hermes for Businesses," an enterprise version of its widely adopted open-source Hermes Agent. For broader context, explore our Top 100 AI Tools.

Nous Research's Funding Milestones and Valuation

The recent Series B funding round solidifies Nous Research's position in the AI landscape. The $90 million investment, confirmed on October 7, 2026, pushed the company's valuation to $1.5 billion. This round saw leadership from Robot Ventures and included contributions from major players like Nvidia, Union Square Ventures, Menlo Ventures, and Samsung, alongside 1789 Capital. Since its founding in 2023, Nous Research has accumulated $158 million in total funding. For broader context, explore our AI Tools Pricing.

Introducing Hermes for Businesses

Alongside its funding announcement, Nous Research introduced "Hermes for Businesses." This new offering is an enterprise-grade version of the MIT-licensed open-source Hermes Agent. The original Hermes Agent has seen substantial adoption, with over 24 million clones and accounting for approximately 2.5% of global AI token usage. "Hermes for Businesses" aims to provide companies with the capability to deploy customized AI agents for complex, multi-step workflows, emphasizing data privacy and control for enterprise users.

Revenue Growth and Market Impact

Nous Research has demonstrated rapid financial growth. By mid-September 2026, the company's annualized revenue reached approximately $36 million. Projections indicate that this figure is expected to exceed $100 million before the end of 2026. This financial trajectory underscores the market demand for Nous Research's contributions to AI, particularly its work on Llama models, user-alignment fine-tunes, the YaRN long-context method, and open-source tool calling.

Conclusion

Nous Research's successful $90 million Series B funding round and the launch of "Hermes for Businesses" mark a significant development for the company and the broader AI industry. The investment, coupled with the introduction of an enterprise-focused AI agent solution, positions Nous Research to further expand its influence in providing advanced AI capabilities to businesses. The company's continued growth in revenue and its commitment to open-source contributions suggest it will remain a key entity to watch in the evolving AI landscape.

Sources

• GitHub - vinitshahdeo/awesome-ai-startups-hiring: Discover a curated list of 160+ well-funded AI startups actively hiring software engineers in 2026. Explore funding data, categories, and interview prep guides. · GitHub
• Nous Research confirms it hit $1.5B valuation, launches AI agents for business users | TechCrunch
• Hermes agent maker Nous Research in talks for new funding at $1.5B valuation | TechCrunch
• A Note on Our Fundraise | Nous Research