Hebbia Raises Nearly $100M Series B to Revolutionize Document Search

Hebbia, a trailblazing startup harnessing generative AI for document search, has made headlines with its latest funding round.

• Funding Details: Hebbia raised close to $100 million in Series B funding led by Andreessen Horowitz.

• Behind the Genius: Founded in 2020 by George Sivulka during his PhD at Stanford, Hebbia was inspired by the time-consuming document searches faced by financial professionals.

• Target Market: Hebbia primarily serves financial service firms such as hedge funds and investment banks.

• Market Impact: The Series B funding brings Hebbia’s total capital raised to over $120 million, following a $30 million Series A in September 2022.

This significant investment underscores Hebbia’s commitment to innovation in AI-driven document search, positioning itself as a pivotal player in digital transformation across industries.