On Oct 7 Nous Research, maker of the open-source Hermes Agent, confirmed a $90M Series B at a $1.5B valuation led by Robot Ventures, with NVIDIA, Microsoft's M12, Samsung, USV, Y Combinator and Menlo among backers, bringing total funding to $158M. Nous says Hermes Agent has been cloned over 24M times and drives about 2.5% of global token usage (internal estimate). The money funds Hermes for Businesses: a team tier with shared balance and skill library, and an Enterprise edition on customer-controlled infrastructure with SSO and SLAs, plus a mobile app.

Key Takeaways

  • ✓Round: $90M Series B at $1.5B, led by Robot Ventures; $158M raised in total (TechCrunch)
  • ✓Scale: Hermes Agent cloned 24M+ times, ~2.5% of global token usage per Nous's internal estimate (Nous note)
  • ✓GitHub: NousResearch/hermes-agent has ~252K stars and ~54K forks, MIT, latest release v2026.9.24 (GitHub, checked 2026-10-08)
  • ✓Revenue: ~$36M annualized by mid-September, targeting $100M+ by year-end, per WSJ
  • ✓Business tier: shared balance, per-member caps, team skill library; Enterprise runs on customer infrastructure with SSO and SLAs (Hermes Business)
Nous Research raises $90M Series B at $1.5B to take MIT-licensed Hermes Agent into businesses
🖼️Official Media
Click to view high-res
🧭

Turn your technical choice into a development budget

Compare 40 dev plans & simulate token costs vs $20/mo subscriptions

⚔️ Compare Model→💰 Compare plans & limits↗
🔗

Project Links & Resources

Direct Access
Direct access to official project resources and documentation
📝
A Note on Our Fundraise (Nous Research)
nousresearch.com/a-note-on-our-fundraise
↗
🐙
NousResearch/hermes-agent on GitHub
github.com/NousResearch/hermes-agent
↗
📖
Hermes for your Business (Nous Portal)
portal.nousresearch.com/business
↗
📝
TechCrunch: Nous Research confirms $1.5B valuation
techcrunch.com/2026/10/07/nous-research-confirms-it-hit-1-5b-valuation-launches-ai-agents-for-business-users/
↗
🔬

In-Depth Technical Analysis

Nous Research confirmed a $90M Series B at a $1.5B valuation on Oct 7, led by Robot Ventures with NVIDIA, Microsoft's M12, Samsung, USV, Y Combinator and Menlo participating; total funding is $158M (TechCrunch). Hermes Agent, MIT-licensed since February, remembers projects, writes reusable skills as it works and lets users pick where it runs and which model it uses. Nous says it has been cloned 24M+ times and drives ~2.5% of global token usage (internal estimate); the GitHub repo has ~252K stars. The new capital funds Hermes for Businesses: a team tier with shared balance, per-member caps and an org-wide skill library, and Hermes Enterprise on customer-controlled infrastructure with SSO and SLAs, plus a mobile app. No benchmarks were published. WSJ reports ~$36M annualized revenue in mid-September with a $100M+ year-end target. Install on Linux/macOS/WSL2 with curl -fsSL https://hermes-agent.nousresearch.com/install.sh | bash, then hermes setup.

Action HubReady to adopt this in production?

Benchmark side-by-side against alternatives, or calculate monthly token cost vs subscription break-even.

⚔️ Launch VS Compare→💳 View Plans↗