Tuesday, October 27, 2026 · Edition updated 6:00 AM ETTUE, OCT 27 editionNext edition in Next in --:--:--
Intelligence Verdict
AI startups · Law, medicine, finance and defense

Hebbia

“Hebbia, a startup that uses generative AI to search large documents and respond to large questions” TechCrunch

  • $700Mvaluation at its last closed round, Jul 9, 2024
  • 2020founded
  • Has a product1 thing shipped, by our search
The facts

Hebbia at a glance.

Read Oct 20, 2026. Valuations and amounts are copied as each source states them; a figure that is only reported (talks, or people familiar with the deal) is labeled as reported.

Kind of company
Law, medicine, finance and defenseAI built for one profession or industry.
Based in
United States
Founded
2020TechCrunch, Jul 9, 2024
Last closed-round valuation
$700Mabout $700M (TechCrunch, Jul 9, 2024)
What it has shipped
Has a product
Founders
  • George Sivulka: sole founder and CEO; started Hebbia while doing a PhD in electrical engineering at Stanford (per TechCrunch) (TechCrunch, Jul 9, 2024)
Latest news

Series B of $130M at about $700M valuation (latest round verified; old) Jul 9, 2024

TechCrunch, Jul 9, 2024

What it has built

Shipped, or not yet.

“Has a product” is what our search found: something the public can use or buy, a model or API, research only, or nothing public.

product · Jul 9, 2024

Matrix, which answers questions over many long documents in a spreadsheet-style table; sold mainly to asset managers and investment banks

Source
1 round

Funding, as reported.

Every round we found, with the amount, valuation and investors as the source states them.

WhenRoundAmountValuationInvestors namedSource
Jul 9, 2024Series B$130Mabout $700MAndreessen Horowitz (lead), Index Ventures, Google Ventures, Peter ThielTechCrunch
Our note

Worth knowing.

Our note: Data is from July 2024 and is stale; no 2025–2026 round was verified because the search budget ran out. TechCrunch reported $13 million ARR at the time of the round, from a source; the CEO declined to comment on revenue. Included as a finance comparison to Rogo; drop if a $1B+ threshold is required.