Hebbia

Overview

Hebbia is an artificial intelligence company founded in 2020[9] that builds purpose-built AI for financial services[7]. Its product Matrix analyzes large document sets, such as 1,256 airline earnings calls in a single pass, runs workflows continuously without re-prompting, and connects to over 20 data sources including SEC filings, earnings transcripts, and financial data providers[7]. The company is positioned in the emerging category of AI agents for investment research[2]. In 2025, Hebbia raised a $130 million Series B led by Andreessen Horowitz at a $700 million valuation, with backing from Index Ventures and Peter Thiel[3][5]. According to the company, firms using its platform represent $30 trillion in assets under management, it processes approximately 200,000 prompts daily, and has processed 1.5 billion pages[6]. Customers include Morgan Stanley, MetLife, Centerview Partners, and other financial institutions[8]. In 2026, Hebbia announced an integration with Snowflake AI Data Cloud[1].

Hebbia is positioned in the emerging category of AI agents for investment research, competing for the workflows of analysts at asset managers and investment banks. [2] (Apr 11, 2025)

Hebbia builds purpose-built AI for financial services. Its product Matrix analyses very large document sets (for example 1,256 airline earnings calls in one pass), runs workflows continuously without being re-prompted, and connects to 20+ data sources including SEC filings, earnings transcripts and financial data providers. [8]

SEC EDGAR lists Hebbia Inc. business address as 401 Broadway, Suite #2102, New York, NY [11]

Funding history

Backers include Index Ventures, Peter Thiel and Andreessen Horowitz; the $130 million round was raised at a $700 million valuation. [3] (Apr 11, 2025)

Raised a $130 million Series B led by Andreessen Horowitz, giving Hebbia a $700 million valuation. [7]

Customers

Customer logos shown by Hebbia include Morgan Stanley, MetLife, Centerview Partners, Latham & Watkins, New Mountain Capital, Oak Hill Advisors, 26North and Rice Management Company. [4]

Apogem Capital CTO Steve Scolnik: diligence document review that used to take the team 12 hours a day now takes one to two hours. [6]

Growth & traction

Hebbia says firms using the platform represent $30 trillion in assets under management, that it handles about 200,000 prompts per day and has processed 1.5 billion pages. [5]

LinkedIn lists 198 people working at Hebbia. [12]