Open-Source Startup Nous Research Reaches $1.5 Billion Valuation After $90 Million Series B RoundAI
8 Oct 2026, 7:20 pm (2 hours ago)· 1

Open-Source Startup Nous Research Reaches $1.5 Billion Valuation After $90 Million Series B Round

The creator of the widely cloned Hermes Agent secures fresh institutional backing to roll out tailored corporate automation tools.

Developer platform Nous Research has finalized a $90 million Series B investment tranche that values the venture at $1.5 billion. Leading the capital infusion was Robot Ventures, accompanied by an investor syndicate that includes Nvidia, Samsung, Menlo Ventures, Union Square Ventures, and 1789 Capital, an investment firm where Donald Trump Jr. serves as a partner. Following this transaction, the three-year-old software outfit has accumulated $158 million in aggregate private backing.

Expanding Developer Reach and Worldwide Usage

The company gained extensive prominence across the programming ecosystem through its open-source creation, Hermes Agent. The software has surpassed 24 million clones across various repositories. Based on operational metrics calculated by the startup, these deployments presently account for nearly 2.5% of overall AI token consumption recorded worldwide.

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Transitioning Toward Enterprise Infrastructure

Management intends to allocate the proceeds toward expanding enterprise capabilities through a tailored offering labeled Hermes for Businesses. This rollout enables corporate organizations to run dedicated autonomous digital assistants configured for sophisticated, multi-phase operational procedures without sacrificing data security or organizational privacy. On the commercial front, the firm stood at roughly $36 million in annualized run-rate revenue toward mid-September 2026, aiming to cross the $100 million mark prior to the conclusion of 2026.

Questions & Answers

How much capital did Nous Research secure in its Series B round?
The startup raised $90 million in this financing round.
What is the valuation of Nous Research after the latest round?
The capital injection valued the company at $1.5 billion.
How many times has the Hermes Agent been cloned?
The open-source agent has been cloned more than 24 million times by users.
What is the total capital raised by the startup so far?
The company has collected a total of $158 million in venture funding over its three years of operation.
What revenue target has the firm set for the end of 2026?
The business anticipates crossing $100 million in annualized revenue prior to the close of 2026.

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