The NumbersJuly 13, 2026via TechCrunch Startups

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

Why it matters

Nous Research, the open-source AI agent specialist behind Hermes models, is securing significant capital at a unicorn+ valuation. This signals investor confidence in agent-first AI companies and open model infrastructure as a defensible business.

Key signals

  • Nous Research raising at least $75M
  • $1.5B post-money valuation
  • Robot Ventures leading round
  • Union Square Ventures (USV) significant participant
  • Hermes agent framework is core product
  • Open-source model positioning

The hook

$1.5B. That's Nous Research's new valuation as the Hermes agent maker closes $75M+ in fresh funding.

The company is raising at least $75 million, led by Robot Ventures, with significant participation from USV and other prominent investors.

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