Hermes agent maker Nous Research in talks for new funding at $1.5B valuation

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Nous Research DeepHermesImage Credits:Nous Research

4:31 PM PDT · July 13, 2026

Nous Research, the startup down the open-source Hermes agent, is finalizing a caller circular of backing led by Robot Ventures, with important information from USV and different salient investors astatine a $1.5 cardinal valuation, according to 3 sources with cognition of the deal. The institution is raising astatine slightest $75 million, and fielded a precocious level of involvement from investors, according to the people. The caller circular is coming little than 3 months aft Nous announced its $50 cardinal Series A.

Nous Research declined to comment. USV and Robot Ventures didn’t respond to our petition for comment.

The institution was founded successful 2023 by Jeffrey Quesnelle, Karan Malhotra, Ryan Teknium, Shivani Mitra. Before this round, it had raised a full of $70 cardinal successful backing from investors including Paradigm, Robot Ventures, North Island Ventures, OSS Capital, and Balaji Srinivasan, according to Crunchbase.

Besides Hermes development, Nous Research has a decentralize network to lend hardware for compute and training. Plus, it has released connection models focused coding and math.

Weeks aft Openclaw’s agent went viral, Nous Research released its ain rival called Hermes. OpenClaw is an cause that runs locally connected a PC and tin execute tasks connected behalf of the user. One cardinal quality is that Hermes shipped with built-in “skills,” specified arsenic web search, coding and representation understanding. Plus, it was designed to automatically larn from people’s usage and physique much skills without immoderate involution required.

Just similar Openclaw, users tin automate tasks with Hermes and chat with these agents oregon person messages from them successful apps similar Telegram and Discord. These tools person go progressively fashionable arsenic they let users to tally their AI agents remotely and astir the clock.

Open-source and wide adopted, Hermes has amassed a monolithic pursuing connected GitHub, boasting astir 214,000 stars and astir 40,000 forks. Developers tin tally Hermes connected a desktop oregon connected a virtual backstage server.

But Nous Research besides offers a cloud-hosted version, which immoderate users whitethorn find to beryllium much user-friendly, avoiding immoderate mounting up connected their ain machines. The hosted mentation is disposable via assorted paid tiers ranging from $20-$200 a month.

Sources accidental the caller backing volition assistance to grow Hermes products and concern exemplary further.

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Ivan covers planetary user tech developments astatine TechCrunch. He is based retired of India and has antecedently worked astatine publications including Huffington Post and The Next Web.

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Marina Temkin is simply a task superior and startups newsman astatine TechCrunch. Prior to joining TechCrunch, she wrote astir VC for PitchBook and Venture Capital Journal. Earlier successful her career, Marina was a fiscal expert and earned a CFA charterholder designation.

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