Nous Research Reaches $1.5 Billion Valuation and Unveils Hermes AI Agents for Enterprises

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Nous Research secures $90M Series B to expand Hermes Agent into business AI solutions, aiming for over $100M revenue in 2026.

Nous Research, the company behind the open source Hermes Agent, has officially confirmed reaching a $1.5 billion valuation following a $90 million Series B funding round. Led by Robot Ventures and joined by investors including Nvidia, Union Square Ventures, Menlo Ventures, Samsung, and 1789 Capital, this round brings the startup's total funding raised to $158 million since its founding three years ago.

The Hermes Agent has gained significant traction among developers and individual users, having been cloned over 24 million times. The company estimates its AI agent technology accounts for approximately 2.5% of global AI token usage, underscoring its broad adoption and impact in the AI community.

With the new capital injection, Nous Research is focusing on enterprise deployment through "Hermes for Businesses." This initiative targets organizations seeking customized AI agents capable of managing multi-step workflows. The solution emphasizes data privacy and security, appealing to companies with sensitive information and complex operational needs.

Financially, Nous reported annualized revenues of around $36 million by mid-September 2026 and projects exceeding $100 million in revenue by the end of the year, according to The Wall Street Journal. This rapid growth demonstrates strong market demand for flexible and secure AI agent solutions in business contexts.

Nous Research's progression reflects broader trends in AI development, particularly the shift from individual or hobbyist use toward professional and enterprise applications. By tailoring its Hermes Agent technology to business workflows, Nous aims to capitalize on the growing integration of artificial intelligence in operational processes while maintaining open source roots.

The involvement of prominent investors such as Nvidia and Samsung further highlights confidence in Nous's technology and market strategy. However, the company continues to navigate a competitive field where data privacy, scalability, and customization remain critical challenges for AI deployments.

As Nous Research moves forward, its expansion into enterprise AI agents positions it as a noteworthy player in the evolving AI landscape, bridging open source innovation with commercial viability and security needs.