AI company · nousresearch.com
Nous Research valuation, funding and revenue
Nous Research is an open-source AI lab that builds the Hermes models and the open-source Hermes Agent, and is launching a Hermes product for businesses.
Figures checked October 2026. Each one links to its source.
Total funding
$90M+
Latest round only; no public total found.
Revenue
Not disclosed
Website visits
5.8M
Estimated, August 2026. +4% on the month before.
What is Nous Research's valuation?
Nous Research was valued at $1.5B in October 2026, according to press reports (techcrunch.com). A private company's valuation is set when it raises money, so it can be well out of date between rounds.
That puts Nous Research at number 44 of the 51 AI unicorns we profile, ranked by valuation.
How much funding has Nous Research raised?
No public source states Nous Research's total funding. The rounds below are the ones we could confirm; there may be others. The latest round was a $90M Series B in October 2026, led by Robot Ventures, according to press reports.
| Date | Round | Amount | Led by | Valuation | Source |
|---|---|---|---|---|---|
| October 2026 | Series B | $90M | Robot Ventures | $1.5B | wsj.com (reported) |
| April 2025 | Series A | $50M | Paradigm | – | fortune.com (reported) |
What is Nous Research's revenue?
Nous Research has not published revenue or ARR, and we found no reliable press report of it.
ARR (annual recurring revenue) is the yearly value of current subscriptions; annualized revenue scales a recent month or quarter up to a year. Neither is audited revenue. See what ARR is.
Nous Research website traffic
Estimated monthly visits to nousresearch.com across all channels, rounded. +4% over three months to August 2026.
- May 20265.6M
- June 20267.5M
- July 20265.6M
- August 20265.8M
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About Nous Research
- Nous Research is an open-source AI lab that builds the Hermes models and the open-source Hermes Agent, and is launching a Hermes product for businesses. nousresearch.com
- Founded in 2023. nousresearch.com
- Nous announced the $90 million raise itself, naming NVIDIA, Microsoft's M12, Samsung, Robot Ventures, Union Square Ventures, Y Combinator and Menlo Ventures among investors, but did not state the valuation. WSJ reported the $1.5 billion valuation and that Robot Ventures led the Series B; TechCrunch's headline says Nous confirmed the $1.5 billion valuation. nousresearch.com
- Series A (April 2025): $50 million financed almost entirely by Paradigm, which confirmed the amount to Fortune; Fortune's anonymous source put it at a $1 billion token valuation, which is not a conventional equity valuation and is not stored as one. Fortune also reports earlier seed rounds totaling around $20 million from Distributed Global, North Island Ventures and Delphi Ventures. fortune.com
- Founding year: Nous says it formed in 2023; Fortune says it began in 2022 as a group of volunteers. Dillon Rolnick signs the fundraise note as CEO. fortune.com
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Sources
Checked on 9 October 2026. Traffic figures are third-party estimates, not company-reported numbers.
- https://nousresearch.com/a-note-on-our-fundraise
- https://techcrunch.com/2026/10/07/nous-research-confirms-it-hit-1-5b-valuation-launches-ai-agents-for-business-users/
- https://www.wsj.com/pro/venture-capital/nous-research-scores-90-million-to-bring-open-source-ai-assistant-to-enterprises-516f9208
- https://fortune.com/crypto/2025/04/25/paradigm-nous-research-crypto-ai-venture-capital-deepseek-openai-blockchain/