---
title: "Hebbia revenue and valuation"
description: "Hebbia's ARR is estimated at $9.7M–$41M, last reported at $13M. Valued at $700M after raising $161M. Funding rounds and competitors."
url: https://www.tryspecter.com/revenue-valuation/hebbia.md
canonical_url: https://www.tryspecter.com/revenue-valuation/hebbia
publisher: Specter
last_updated: 2026-11-01
---

# Hebbia revenue and valuation

Specter estimates Hebbia's annual revenue at $9.7M to $41M and its valuation at $620M to $1.48B. The company last reported $13M ARR in July 2024 and was priced at $700M in July 2024.

Hebbia converts large document collections into auditable knowledge and automated workflows.

- Estimated revenue: $9.7M to $41M (October 2026)
- Estimated valuation: $620M to $1.48B (October 2026)
- Last reported ARR: $13M (July 2024)
- Total funding: $161M
- Founded: 2020
- Headquarters: New York City, United States
- Employees: 195
- Sector: Fin AI
- Specter Rank: #303,574

## Hebbia revenue

Hebbia last reported $13M ARR in July 2024. Specter's model puts current ARR between $9.7M and $41M.

| Reported figure | Date | Source |
| --- | --- | --- |
| $13M ARR | July 2024 | [AI startup Hebbia raised $130M at a $700M valuation on $13 million of profitable revenue](https://techcrunch.com/2024/07/09/ai-startup-hebbia-rased-130m-at-a-700m-valuation-on-13-million-of-profitable-revenue/) (techcrunch.com) |

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $20M | $9.7M | $41M |
| September 2026 | $22M | $10M | $45M |
| August 2026 | $23M | $12M | $41M |
| July 2026 | $21M | $11M | $38M |
| June 2026 | $18M | $11M | $31M |
| May 2026 | $16M | $8.3M | $31M |
| April 2026 | $17M | $8.6M | $32M |
| March 2026 | $16M | $8.2M | $31M |
| February 2026 | $14M | $7.2M | $29M |
| January 2026 | $14M | $7.4M | $27M |
| December 2025 | $14M | $6.9M | $29M |
| November 2025 | $14M | $7.1M | $28M |
| October 2025 | $14M | $6.5M | $28M |
| September 2025 | $14M | $7.7M | $26M |
| August 2025 | $14M | $8.7M | $24M |
| July 2025 | $13M | $8.7M | $21M |
| June 2025 | $13M | $7.8M | $22M |
| May 2025 | $14M | $8.7M | $23M |
| April 2025 | $14M | $8.6M | $22M |
| March 2025 | $13M | $8.9M | $20M |
| February 2025 | $12M | $7.7M | $19M |
| January 2025 | $14M | $7.6M | $24M |
| December 2024 | $14M | $8.1M | $24M |
| November 2024 | $13M | $8.2M | $21M |
| October 2024 | $13M | $8.7M | $19M |
| September 2024 | $13M | $9.4M | $18M |
| August 2024 | $13M | $10M | $17M |
| July 2024 | $13M | $11M | $16M |

## Hebbia valuation

Hebbia was valued at $700M at its Series B in July 2024. Specter's live estimate sits between $620M and $1.48B.

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $950M | $620M | $1.48B |
| September 2026 | $660M | $350M | $1.25B |
| August 2026 | $690M | $380M | $1.23B |
| July 2026 | $660M | $380M | $1.15B |
| June 2026 | $730M | $380M | $1.37B |
| May 2026 | $690M | $340M | $1.4B |
| April 2026 | $730M | $360M | $1.48B |
| March 2026 | $700M | $370M | $1.32B |
| February 2026 | $700M | $370M | $1.33B |
| January 2026 | $700M | $370M | $1.34B |
| December 2025 | $730M | $370M | $1.44B |
| November 2025 | $730M | $350M | $1.5B |
| October 2025 | $810M | $390M | $1.69B |
| September 2025 | $790M | $380M | $1.67B |
| August 2025 | $830M | $410M | $1.68B |
| July 2025 | $800M | $410M | $1.56B |
| June 2025 | $700M | $400M | $1.21B |
| May 2025 | $700M | $420M | $1.16B |
| April 2025 | $710M | $450M | $1.11B |
| March 2025 | $700M | $460M | $1.05B |
| February 2025 | $700M | $480M | $1.01B |
| January 2025 | $690M | $490M | $970M |
| December 2024 | $700M | $520M | $940M |
| November 2024 | $700M | $530M | $930M |
| October 2024 | $700M | $540M | $910M |
| September 2024 | $700M | $560M | $880M |
| August 2024 | $700M | $570M | $850M |
| July 2024 | $700M | $580M | $840M |

| Reported valuation | Month | Source |
| --- | --- | --- |
| $700M | July 2024 | Funding round |

## Hebbia funding rounds

| Date | Round | Raised | Post-money | Lead investors |
| --- | --- | --- | --- | --- |
| 8 Jul 2024 | Series B | $130M | $700M | Andreessen Horowitz |
| 1 Jul 2022 | Series A | $30M | Undisclosed | Index Ventures |
| 29 Oct 2020 | Pre-Seed | $1.1M | Undisclosed | Floodgate |

## Hebbia vs competitors

Financial document AI divides into automated data extraction and agentic workflow execution.

| Company | Estimated revenue | Estimated valuation |
| --- | --- | --- |
| Hebbia | $9.7M–$41M | $620M–$1.48B |
| Upstage (upstage.ai) | $11M–$52M | $1.26B–$1.82B |
| Cognaize (cognaize.com) | $19M–$61M | $75M–$240M |
| Instabase (instabase.com) | $3.1M–$23M | $410M–$2.44B |
| TAIGER (taiger.com) | $2.7M–$12M | $24M–$186M |

## Questions

### What is Hebbia's revenue?

Specter estimates Hebbia's annual recurring revenue at $9.7M to $41M as of October 2026. Hebbia last reported $13M ARR in July 2024.

### What is Hebbia's valuation?

Hebbia's latest post-money valuation is $700M, from a July 2024 Series B. Specter's live estimate is $620M to $1.48B.

### What is Hebbia's revenue multiple?

Hebbia is valued at about 53.8× ARR, based on its $700M July 2024 valuation and $13M last reported ARR.

### How much funding has Hebbia raised?

$161M across three rounds, from a $1.1M Pre-Seed in October 2020 to a $130M Series B in July 2024.

### Who invested in Hebbia?

18 investors, including Andreessen Horowitz, Floodgate and Index Ventures.

### Who are Hebbia's competitors?

Upstage, Cognaize, Instabase and TAIGER. Specter ranks 29 competitors for Hebbia.

## About this data

Specter models revenue and valuation monthly and anchors each estimate to reported figures and priced rounds. Method: https://www.tryspecter.com/revenue-valuation

Cite as: Specter. "Hebbia revenue and valuation." tryspecter.com/revenue-valuation/hebbia. Updated November 2026.