Why Hebbia matters
Hebbia raised a $130 million Series B led by Andreessen Horowitz in July 2024 at a $700 million valuation, at a time it reported about $13 million in ARR after growing revenue 15x in 18 months. Its Matrix product lets analysts build agents that work across full contracts, filings and transcripts in a spreadsheet-style grid. PitchBook records a further Series B follow-on on February 24, 2026, with terms undisclosed.
The number$130M Series B led by a16z at a $700M valuation in July 2024; follow-on round recorded February 24, 2026
On The Agentic 80
Listed under Vertical agents. Agents built for one profession: law, finance, medicine, compliance.
On The All Things AI 100
Listed under Vertical AI and science. AI built for one field: law, medicine, drug discovery, finance.
Quick answers
- What does Hebbia do?
- AI platform, Matrix, that runs multi-step document analysis for finance and legal teams. Hebbia raised a $130 million Series B led by Andreessen Horowitz in July 2024 at a $700 million valuation, at a time it reported about $13 million in ARR after growing revenue 15x in 18 months.
- What AI capabilities does Hebbia offer?
- Hebbia offers Matrix, an AI workspace for finance, legal, and other professional teams. Matrix runs multi-step analysis over large document sets, answering questions, extracting facts, and comparing filings or contracts while linking results to source passages. Business users apply it to due diligence, research, and review workflows that would otherwise require manual reading across many files.
- Why is Hebbia on The Agentic 80?
- Hebbia is listed under Vertical agents. Agents built for one profession: law, finance, medicine, compliance. $130M Series B led by a16z at a $700M valuation in July 2024; follow-on round recorded February 24, 2026.
- Why is Hebbia on The All Things AI 100?
- Hebbia is listed under Vertical AI and science. AI built for one field: law, medicine, drug discovery, finance. $130M Series B led by a16z at a $700M valuation in July 2024; follow-on round recorded February 24, 2026.
- Where is Hebbia based, and who owns it?
- Hebbia is based in New York, NY, was founded in 2020 and is private, Series B.